EMEA sustainable bond issuance y-o-y ($bn value)

The graph depicts EMEA sustainable bond issuance between the years of 2013 and 2023 YTD. There has been a steady growth in sustainable bond issuance year-on-year up until 2021. In 2022, a significant drop of $76 billion can be captured due to the geopolitical tension in Ukraine, the inflationary pressures, and the global interest rate hikes by central banks. In 2023, so far, issuance stands at $128 billion which already surpasses the years of 2013 – 2018 and is only short of by $27 billion of 2019. This year got off to a strong start and is on track for a rebound after a challenging 2022.