Green Bonds Market Summary: Q3 2017

The green bond market showed strong growth in Q3 2017, with USD 27.7bn issued, making it the second largest quarter ever. Emerging markets, particularly Mexico and India, saw significant activity, while the market expanded geographically into Malaysia and Lithuania. There is a growing trend toward external verification of green bond frameworks to increase transparency and investor confidence.

• In Q3 2017, green bond issuance reached USD 27.7bn, contributing to a year-to-date total of USD 85.2bn. This period represented the "Second largest quarter of issuance ever" and accounted for roughly 2.7% of all global bond market transactions.
• Emerging markets were prominent in Q3 2017, with Mexico leading issuance at USD 4bn, primarily due to two tranches issued by the Mexico City Airport Group in September. China followed closely with USD 3.9bn, and India issued USD 1.9bn.
• The Indian green bond market is characterized by high diversity and a commitment to best practices, with over 50% of its bonds by value receiving Climate Bonds Certification. Growth is supported by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI).

APA

Climate Bonds Initiative (2017). Green Bonds Market Summary: Q3 2017. https://www.climatebonds.net/files/drupal-files/files/Green-Bonds-Market-Summary_Q3-2017.pdf

Chicago

Climate Bonds Initiative. Green Bonds Market Summary: Q3 2017. 2017. https://www.climatebonds.net/files/drupal-files/files/Green-Bonds-Market-Summary_Q3-2017.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bonds Market Summary: Q3 2017 |date=2017 |url=https://www.climatebonds.net/files/drupal-files/files/Green-Bonds-Market-Summary_Q3-2017.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2017green, author = {{Climate Bonds Initiative}}, title = {{Green Bonds Market Summary: Q3 2017}}, institution = {Climate Bonds Initiative}, year = {2017}, url = {https://www.climatebonds.net/files/drupal-files/files/Green-Bonds-Market-Summary_Q3-2017.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }