Green and social bond volume hits quarterly record of $272.7bn

Climate Bonds Initiative report

Cristian Angeloni
clock • 2 min read

Aligned green, social, sustainability, sustainability-linked and transition (GSS+) bonds reached a quarterly record volume of $272.7bn in the first three months of 2024.

According to a report by the Climate Bonds Initiative, Q1 2024 has been the "most prolific" quarter for sustainable finance volumes, up 15% from the $237.2bn recorded in Q1 2023 and 41% higher than the $193bn of Q4 2023. Green bonds alone contributed $195.9bn, another quarterly record, with lifetime green bond volume crossing the $3trn mark since its market inception in 2006. The quarterly figure marked a 25% increase from Q1 2023 and was 43% higher than the last quarter of 2023. Social bonds followed suit at $42.3bn, while sustainability and sustainability-related bonds added $31.4bn...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Bonds

Global ESG backlash has not eroded demand for UK green bonds

Global ESG backlash has not eroded demand for UK green bonds

This year's auctions oversubscribed

Sorin Dojan
clock 03 July 2025 • 4 min read
Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Responding to ‘increased investor demand’

Eve Maddock-Jones
clock 25 June 2025 • 2 min read
Fixed income investment set to rise as bonds hit double digit growth in asset allocation

Fixed income investment set to rise as bonds hit double digit growth in asset allocation

Assets in fixed income up 11%

Patrick Brusnahan
clock 19 June 2025 • 3 min read
Trustpilot