The issuance of green bonds in emerging markets reached $135 billion in 2023, increasing 34% year on year. Yerlan Syzdykov, Amundi Global Head of Emerging Markets said they anticipate continued growth in green bonds issuance within emerging markets to be driven by several factors over the medium term. The forecast is for 7.1% year on year growth for Global Green, Social, Sustainability and Sustainability-Linked (GSSS) bonds and 7.5% growth for green bonds. In EMDEs outside of China, GSSS bonds issuance was mostly driven by green bonds and this increased by 81%. Read more in the Emerging Market Green Bonds Report

Source: The North Africa Journal May 27, 2024 08:17 UTC