Climate-aligned Bonds and Issuers 2020
A collaborative report by DBS and Climate Bonds Initiative
As investors move towards decarbonising portfolios and integrating Environmental, Social and Governance (ESG) considerations into investment decisions, deals with high climate impact and well-documented green credentials have never been more crucial.
Climate-aligned Bonds (CABs) fill the gap for financing underlying climate-aligned activities that may not be as visible and transparent as labelled bonds, but address climate issues and promote a low-carbon economy. These include the development of renewable energy sources and transport systems.
In 2021, DBS sponsored the flagship Climate-aligned Bonds & Issuers Research Report. The report sheds light on capital flows financing green assets that may not be as visible and transparent as labelled bonds and identifies opportunities to scale-up the labelled green bond market.
The report identifies a universe of over USD 913 billion from 420 climate-aligned issuers based in 45 countries. The size of the climate-aligned universe is equivalent to approximately half of the labelled Green, Social and Sustainability (GSS) bond market, which has reached cumulative USD 1.7 trillion in 2020.
Learn more about Climate-aligned bonds here