Green Bond Issuance Surges in Q3 2024, Sustainable Finance Market Forecasts Growth

Finance Noticias

Green Bond Issuance Surges in Q3 2024, Sustainable Finance Market Forecasts Growth
Green Bonds,Sustainable Finance,ESG

Global green bond issuance reached a record high in the third quarter of 2024, exceeding the quarterly average, according to ING's latest Sustainable Finance Pulse report. Despite the strong performance of green bonds, overall sustainable finance issuance remained below expectations. ING anticipates a slowdown in the fourth quarter, but projects a rebound in 2025 driven by increasing demand for environmental, social and governance (ESG) offerings.

GLOBAL green bond issuance reached $169 billion in Q3 2024, surpassing the quarterly average of $160 billion, according to ING's latest Sustainable Finance Pulse (Issue 4, 2024).While green bonds performed strongly in Q3, overall sustainable finance issuance for the quarter totaled $385 billion globally, falling short of the $400 billion quarterly average. ING anticipates a continuation of the slower pace into Q4, with market activity concentrated in the first half of 2024.

Looking ahead, ING expects a rebound in 2025, with issuers increasingly turning to environmental, social and governance offerings to drive demand and reduce costs on new issuances.'We continue to have meaningful conversations with first-time clients interested in sustainable finance solutions and established clients returning to explore new opportunities in this space. The market has seen encouraging momentum, particularly when well-known corporates completed notable sustainable finance transactions this year. Looking ahead to 2025, our ongoing discussions with clients indicate continued interest in sustainable finance deals, pointing to potential growth opportunities in this market,' said Jun Palanca, country manager at ING Philippines.The Sustainable Finance Pulse is ING's quarterly publication, analyzing trends and developments in sustainable finance markets and offering insights into issuance figures, trends, and market drivers across various instruments, markets and participants.Society is transitioning to a low-carbon economy. See how it is progressing at https://www.ing.com/Sustainability/Climate-action/Our-climate-approach.htm

 

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

ING expects sustainable finance offerings to rebound next yearING expects sustainable finance offerings to rebound next yearING Philippines expects a rebound in sustainable finance next year as issuers increasingly adopt environmental, social and governance (ESG) offerings to
Leer más »

Global sustainable finance seen rebounding next year | Reine Juvierre S. AlbertoGlobal sustainable finance seen rebounding next year | Reine Juvierre S. AlbertoWhile global sustainable finance issuance remained low in the third quarter of 2024, Dutch multinational bank ING expects a rebound next year on the back of environmental, social and governance (ESG) offerings.
Leer más »



Render Time: 2025-01-09 11:28:06