Sustainable finance bond issuances fell by more than a quarter in 2022, marking their first ever year-on-year drop. According to financial data provider Refinitiv, last year's issuances totalled $744.3bn, a fall of 26% compared with 2021.
In a challenging year for sustainable finance, green bond issuance hit a two-year low at $390.3bn, a 19% fall from the previous year. Social bond issuance almost halved to $105bn – although in the last three months of 2022, issuance increased by 37% compared with the third quarter.
