The latest Quarterly Market Report reveals the first quarter of 2024 was the most prolific on record for sustainable finance volumes. USD272.7bn of aligned green, social, sustainability, sustainability-linked and transition (GSS+) bond volume was added in the Q1 of 2024, 15% more than the USD237.2bn recorded in Q1 2023, and 41% more than the USD193bn from Q4 2023.
Green bonds made the largest contribution and hit a new quarterly record, with USD195.9bn amassed in the opening months of the year. Lifetime green bond volume crossed the USD3tn mark since market inception in 2006, contributing to cumulative volume of USD4.7tn GSS+ bonds.
The full report, breaks down the sustainable debt market by label, country, currency, top issuers and much more, offering the most comprehensive quarterly overview of the market there is a available.
