The latest issue of SEB's The Green Bond report is dedicated to the question of how to scale energy transition investments at the speed required to reach net-zero emissions and in a manner that is socially inclusive. Amid rising populism and an escalating geopolitical race for clean technology competitiveness and energy security, green industrial policies may lead faltering energy transition investments and stagnating sustainable debt markets back to growth.
"The clean energy transition is showing no signs of a break with the past year's stagnating trend," says
"The new industrial policies are designed to achieve both domestic policy objectives and accelerate the decline in emissions," says
The report also features an update on the sustainable finance market. The first three months of 2024 saw timid growth in use-of-proceeds bonds, with the weak development primarily due to a year-on-year decline of about 50 percent in sustainability-linked bond issuances. However, cover ratios for sustainable bonds remain above the market average, which indicates that there is lasting investor interest in sustainable finance.
"The share of sustainable bonds of the global and European bond market reached its highest level ever for a first quarter, at of 3.5 per cent and 6.7 per cent respectively," says Gregor Vulturius, Lead Scientist and Advisor at Climate & Sustainable Finance at SEB. "Green bonds offer some respite in a stagnating sustainable finance market, growing by 30 per cent year-on-year in
The report also contains contributions from asset manager Brookfield on its role as a future clean energy supermajor and from Finnish start-up Coolbrook on its novel solution to decarbonize industrial heat. In addition, The
About The Green Bond report
SEB, which together with the
For more information, contact:
Lina Apsheva, Climate & Sustainable Finance
+46 70 767 6527
lina.apsheva@seb.se
Press contact:
+46 70 763 8243
niklas.x.magnusson@seb.se
SEB is a leading northern European financial services group with international reach. We exist to positively shape the future with responsible advice and capital, today and for generations to come. By partnering with our customers, we want to be a leading catalyst in the transition to a more sustainable world. In
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