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Driving Change: Winners of the 9th Climate Bonds Awards
Published: 22 May 2024
Climate Bonds Initiative is proud to announce the winners of the 9th Climate Bonds Awards, celebrating top achievers in sustainable finance for 2023. This event acknowledges the contributions of emerging markets, financial institutions, and governments that have been instrumental in advancing the market over the past year.
Since 2016, Climate Bonds Initiative has awarded over 235 organisations, financial institutions, and governments that have demonstrated leadership through financing climate-resilient and low-carbon projects across a wide range of industries and economic sectors. This year’s categories include Leadership Amongst Sovereign Bonds Issuers, Social and Sustainable Debt Instrument, and Green Debt Instrument.
By the end of 2023, Climate Bonds had recorded USD5.5tn of cumulative green, social, sustainability, and sustainability-linked (GSS+) debt volume, of which USD4.4tn (80%) was found to be aligned with Climate Bonds’ rigorous methodologies. The significant volume of GSS+ debt highlights the rapid expansion and increasing relevance of sustainable finance in addressing global climate challenges.
Sean Kidney, CEO and Founder of Climate Bonds Initiative, remarked, “Today’s awards celebrate the extraordinary progress we’ve made in green, social, and sustainable finance. The market has grown over 100 times in the last decade, to over USD4 trillion. But this is just a start; we still have to halve our emissions by 2030, and prepare for the climate impacts we are starting to experience. The winners today are driving change and inspiring others.”
This year's ceremony marks the 9th year of the Awards and was streamed on the Climate Bonds YouTube channel. Join us in celebrating the outstanding contributions of our winners who continue to push the boundaries of sustainable finance and lead the change towards a greener, more resilient future.
| Issuer/Entity name | Award title |
| Australia & New Zealand Banking Group | Largest Financial Corporate Sustainability Bond of 2023 |
| Bank of Communications | Largest Financial Corporate Green Bond of 2023 |
| Queensland Treasury Corporation | Largest Certified Climate Bond in 2023 |
| CADES | Largest Issuer of Social Bonds 2023 & Largest Social Bond of 2023 |
| Kestrel | Largest External Review Provider in Number of Deals of 2023 |
| Morningstar Sustainalytics | Largest External Review Provider in Number of Deals of 2023 & Largest Verifier of 2023 |
| BPIfrance | Largest Financial Corporate Social Bond of 2023 |
| NEOM Green Hydrogen Company | Green Market Pioneer |
| Shanghai Pudong Development Bank | Green Market Pioneer |
| IBRD World Bank | Largest Sustainability Bond of 2023 |
| European Investment Bank | Largest Development Bank Green Bond of 2023 |
| The Republic of Italy | Largest Green Bond of 2023 |
| Mexico Government | Largest Issuer of Sustainability Bonds of 2023 |
| CCCFA – California Community Choice Financing Authority | Largest US Green Municipal Issuer of 2023 |
| Northland Power | Largest Non-Financial Corporate Green Bond in 2023 |
| New York City Housing Development Corporation | Largest US Social Sustainability Municipal Issuer of 2023 |
| ReNew | Green Market Pioneer |
| Majid Al Futtaim | Largest Green Sukuk in 2023 |
| Chile Government | Largest Sustainability-Linked Bond of 2023 |
| Fannie Mae | Largest Green Asset-Backed Security Issuer of 2023 |
| Germany | The Green Catalyst Award for Financing Decarbonisation in Hard-to-Abate Sectors |
| Spain | Private Investment Mobiliser Award |
| Peru | The Just Transition Trailblazer Award |
| Brazil | Strongest Effort in Integrated Transition Policy Award |
| Netherlands | The Resilience Financing Pioneer Award |
| Philippines | The Financing Ambitious NDC Award |
2016 – 2023 Climate Bonds Awards:
Additional details of 2016 Inaugural Award recipients are here.
Additional details of 2017 Award recipients are here.
Additional details of 2018 Award recipients are here.
Additional details of 2019 Award recipients are here.
Additional details of 2020 Award recipients are here.
Additional details of 2021 Award recipients are here.
Additional details of 2022 Award recipients are here
Additional details of 2023 Award recipients are here
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