Innovative small businesses need a bigger role at COPs

Challenging market conditions in 2022 saw a decline in year-on-year sustainable bond issuance, globally and in the North American region, for the first time since market inception. Issuance in YTD 2023 stands at over $70bn compared to over $135bn issued in the full year of 2022. What’s more, last year, green bonds accounted for $75bn of the total issuance in North America. However, green bonds continue to dominate North American issuance (68% by value). Sustainability-linked bonds (SLBs) continue to struggle to gain traction in North America (4% by value of NA issuance).