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The world's second-largest ESG debt market has started bleeding clients

According to data from Bloomberg, there’s now clear evidence that even clean energy companies prefer to get funding through regular debt rather than instruments explicitly labeled as green.
European renewable energy firms continue to avail themselves of Sustainability Linked Loans as they refinance debt that’s coming due | Photo: Jens Dresling/Ritzau Scanpix
European renewable energy firms continue to avail themselves of Sustainability Linked Loans as they refinance debt that’s coming due | Photo: Jens Dresling/Ritzau Scanpix
By Alastair Marsh and Greg Ritchie / Bloomberg

In the world’s second-biggest ESG debt market, corporate clients are starting to walk away.

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