Reported 4 days ago
The sustainable debt market, specifically social bonds, is thriving with a current value of $1.8 trillion, primarily due to increased sales from US government agencies like Ginnie Mae, despite a broader downturn and a retreat from climate funding under the Trump administration. Social bonds, which fund projects in health, housing, and education, saw a significant rise in issuance, paralleling the green bond market, and present attractive returns to investors. Analysts believe this surge will persist even amidst political tensions surrounding climate commitments.
Source: YAHOO