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Sustainability-linked bonds made their mark on the sustainable bond market in 2021. After slow adoption in 2020 sustainability-linked bonds the new bond label surpassed it's 2020 issuance in terms of number of bonds being issued by the end of Q1 2021 and in Q2 2021 issuance jumped dramatically, with the value of sustainability linked bonds being over double that of the previous two years combined in the second quarter alone. By the end of the year issuance was valued nearly 10 times that of the 2020.

*Data taken from bonddata.org as of 4th January 2022.

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