Global ESG-labelled bond issuance is "poised to explode" over the coming decade, with issuances potentially reaching $4.5trn per year by 2025 alone, according to research by Pictet Asset Management and the Institute of International Finance.
The research suggested that ESG bonds are also likely to become more prominent features in emerging world sovereign and corporate debt markets. ESG bond issuance in emerging markets is set to increase from around $50bn per year in 2020 to $360bn a year by 2023, according to the report. Sonja Gibbs, managing director and head of sustainable finance at IIF, said: "By 2025, there will be few global investors who do not have a significant allocation to ESG and green investments. "And if you look further ahead to 2050 - when governments and companies around the world will be seeking to ...
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