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We need improved impact practices for green, social and sustainability bonds to help deliver on the SDGs

Paul Horrocks, Alissa Krüger and Emma Raiteri ()
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Emma Raiteri: Organisation for Economic Co-operation and Development (OECD)

Development Finance Agenda, 2023, vol. 8, issue 7, 12-13

Abstract: Green, social and sustainability (GSS) bonds can help make the link between debt capital markets and sustainable causes – and could support bridging the annual USD 3.9 trillion financing gap that exists for meeting the Sustainable Development Goals (SDGs). These debt instruments have seen significant growth since the first green bond in 2007, with the market on average more than doubling year-on-year. Yet only a fraction of the overall bond market is currently made up of GSS bonds, and of that fraction very little (5% in 2022) is being issued by entities in developing countries.

Date: 2023
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