Business
S&P Global Ratings Forecasts Global Sustainable Bond Market Will Consolidate In 2026 with Issuance Levels at $800-900 billion
After years of rapid growth, the global sustainable bond market is entering a new phase, according to a new series of sustainable bond outlooks from S&P Global Ratings. Issuance should stabilize at $800 billion-$900 billion in 2026 as regional trends diverge and the market matures.
About this update from S&p Global Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Global sustainable bond issuance is set to level off at $800 billion-$900 billion in 2026, signalling a shift from rapid growth to market consolidation.","length":152,"tagName":"p"}]},{"val":[{"type":"text","content":"Regional trends diverge. Europe remains the largest market, issuance in the U.S. slows, and Asia-Pacific, Latin America, and the Middle East sustain activity.","length":158,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":310,"olType":false},{"type":"text","content":"LONDON, March 12, 2026 /PRNewswire/ -- After years of rapid growth, the global sustainable bond market is entering a new phase, according to a new series of sustainable bond outlooks from S&P Global Ratings. Issuance should stabilize at $800 billion-$900 billion in 2026 as regional trends diverge and the market matures.","length":330,"tagName":"p"},{"type":"image","alt":"S&P Global Ratings (PRNewsfoto/S&P Global Ratings)","displaySize":"","headline":null,"caption":"S&P Global Ratings (PRNewsfoto/S&P Global Ratings)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":223,"url":"https://media.zenfs.com/en/prnewswire.com/c0b81563fa1a052a3470121500190e66"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_WH9ZuohTDoqRBkbfq2LqQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c0b81563fa1a052a3470121500190e66","width":400,"height":223}},"href":"https://mma.prnewswire.com/media/2837675/SP_Global_Ratings_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""The era of rapid expansion is giving way to a period of measured growth. Issuers contend with rising debt maturities, shifting policy priorities, and a more competitive capital market," said Patrice Cochelin, Managing Director, Sustainability Methodology and Research, at S&P Global Ratings.","length":306,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Even so, analysts expect sustainable bond issuance will remain substantial. Sustainable bonds--including green, social, sustainability, and sustainability-linked instruments--remain a key financing tool for climate and social projects worldwide (see "Sustainable Bonds Global Outlook 2026: Consolidation, Not Expansion," Feb. 12, 2026).","length":346,"t...