Global

A Fork in the Road for the global steel sector

The global steel sector has reached a fork in the road. Before 2030, 71% of existing coal-based blast furnaces (1090 Mt) will reach the end of its lifetime and require major reinvestment. As the next investment cycle won’t happen for another two decades, this means that this decade provides the critical opportunity for steel to transition to a more sustainable sector. 

This policy paper included as part of the Climate Bonds Steel Package provides guidance to policymakers and regulators about how to guide industry and investors onto a climate-aligned pathway for steel.

Green Bond Pricing in the Primary Market H1 2022

The Green Bond Pricing in the Primary Market H1 2022 Report, this is the 14th report in our pricing series, in which we observe how green bonds perform in the primary markets. This report includes green bonds issued in the first six months of 2022 (H1 2022) and in a first time analysis we saw greenium emerge for Sustainability-Linked Bonds (SLBs), covered in the spotlight section of this report. 

Webinar: 

Sustainable Debt Highlights H1 2021

Total volumes for labelled Green, Social and Sustainability (GSS) bonds, Sustainability-linked bonds (SLB) and Transition bonds reached nearly half a trillion (USD496.1bn) in the first half of 2021.

This amount represents 59% year-on-year growth in the GSS market from the equivalent period in 2020. It also sets the labelled sustainable debt market on track to reach another record high by end December.

Cumulative labelled issuance now stands at USD2.1tn at end H1 2021.

State of the Market Q3 2023

By the end of Q3 2023, the Climate Bonds Initiative (Climate Bonds) had recorded cumulative volume of USD4.2tn of green, social, sustainability, and sustainability linked (GSS+) debt in alignment with its screening methodologies (aligned), plus a further USD12.7bn in unscreened bonds bearing the transition label.  Bonds meeting the requirements outlined in Climate Bonds screening methodology qualify for inclusion in the datasets and are classified as aligned.