KEY TAKEAWAYS

• Over the 2020 – 2021 period, Green Bond markets in APAC and LATAM had a faster growth rate than established markets in Europe, but lagged in volume.
• COVID-19 led to growth in social and sustainability (S&S) issuances globally, but especially in emerging markets.
• Most dynamic emerging market actors are supported by strong governance initiatives and large regional / global companies that can kick-start sustainable finance issuances.
• Countries within emerging markets have regional contexts that influence sustainable finance trends. Each country requires a unique approach to encourage growth within the sustainable finance market.