European ESG-linked loans and bonds have outdone last year’s total volume as governments and corporates step up their efforts to reach net-zero by 2050 and limit climate change to 1.5°C.
The market for loans and bonds of Q1 to Q3 of this year is valued at nearly €500bn while last year's issuances totalled €388.7bn according to data from the Association for Financial Markets in Europe. The year-on-year increase in ESG linked products comes despite the Q3 slowdown in volumes compared with Q2.
