Report

Sustainable Debt Global State of the Market Q1 2025

Climate Bonds has recorded a cumulative aligned volume of USD5.9 trillion in green, social, sustainability, and sustainability-linked (GSS+) debt by the close of the first quarter of 2025. Aligned volume has since reached the milestone USD6tn figure. 

In Q1 alone, aligned GSS+ bond issuance reached USD262.3 billion, representing a 7% increase over the average quarterly volume of USD245.8 billion recorded since 2021. This sustained momentum reflects growing investor demand and issuer engagement in funding climate and sustainability-focused projects. 

Posted Jul 29, 2025