Login to your account
Sovereigns leading the charge in the global Sustainability Agenda
The report finds that Sovereign GSS Bond issuance reached a record-breaking USD 160 billion of issuance, which accounted for almost one-third (31%) of Green Bonds issued last year.
The top beneficiary of this investment (accounting for 43% of the use of proceeds) was Clean Transportation, perhaps surprisingly receiving three-times the investment awarded to Renewable Energy projects by other, non-Sovereign GSS Bond market issuers.
While Sovereign bonds tend to tackle a greater variety of project types, including in several “underfunded” categories, their comparatively minor focus on Renewable Energy leads to a lower average Alignment with the European Taxonomy;
The difference stems mostly from the broader programs financed by governments, often providing less evidence that can be used to analyze their Taxonomy Alignment.
View the report online
View OnlineDownload the report
Download
