Uncertainty and war cause green bond market setbacks

The green bond market was a hive of activity in 2021, but the tempo of new issuances has slowed this year.

2021 was a record year for green bond issuances, but this year has not followed suit. | Photo: Jens Dresling

by aske muff, translated by catherine brett

Published: 04.08.22 at 10:22

There have been setbacks for the green bond market in the first half of 2022, which a SEB analysis attributes to the large increase in interest rates, Danish financial daily Børsen reports.

During the first half of the year, green bond issuance totaled DKK 5.445trn (EUR 731.6bn) globally, a drop of DKK 882bn (EUR 118.5bn), or 15%, compared to the same period last year.

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