Emerging markets vs Europe: green bonds must serve both

As finance services co-opted the SDGs - a blueprint of 17 interlinked global objectives to protect people and planet by 2030 - from government policymakers, new financial instruments were introduced. The first ‘green bond' was launched in 2008 by the World Bank, and green, social and sustainability (GSS) bonds have subsequently flourished into a $3.5trn market, which goes some way to meeting the estimated $2.5trn annual funding gap required to hit the UN's 2030 target. Emerging markets beneficiary Our latest GSS bond report found that regardless of the geographic location of a GSS b...