A tour of the world’s markets
Moody says the sustainable bond market will vary in different parts of the globe, driven by political, economic and regulatory factors. It predicts:
Europe: Europe will maintain its dominance with projected volumes of US$465bn in 2025. The implementation of the European Green Bond Standard in late 2024 may spur growth.
Asia-Pacific: APAC’s sustainable bond issuance is forecasted at US$238bn, slightly below 2024 levels. Transition finance remains a key focus.
North America: Sustainable bond issuance in North America will remain muted, with 2024 volumes totalling US$124bn, a 30% decline from 2021. In the U.S., reduced federal investment in clean energy under the new administration is partially offset by private-sector initiatives and state-level efforts.
Latin America and the Caribbean: Issuance could rebound in 2025, driven by COP30 in Brazil and increased activity from regional…
