Confirming what now feels like an established trend, sustainable finance hit a new record in the first quarter of this year. The value of sustainable debt issuances and loans arranged in the first three months of 2021 was about $315bn — three times higher than in the same period a year earlier — according to analysis by the Institute of International Finance (IIF).
The latest numbers bring the volume of total outstanding debt related to green and social factors to $2.27bn, and on track to reach $3tn by the end of the year, says the IIF. The largest share of this space is still taken up by mature markets, led by the US and France.
