GREEN BONDS THE STATE OF THE MARKET 2018

The global green bond market reached a cumulative issuance of USD 521bn by 2018, with USD 167.6bn issued in 2018 alone. The USA, China, and France emerged as the leading national markets. The report highlights a significant increase in issuance from financial institutions, particularly commercial banks, and a growing trend toward shorter-dated bonds. While Europe remains the largest overall market, the Asia-Pacific region saw the highest year-on-year growth at 35%. The market is also diversifying into other labelled instruments, including sustainability, social, and blue bonds, and expanding into emerging markets through the adoption of regional standards like the ASEAN Green Bond Standards.

• The global green bond market saw cumulative issuance of USD 521bn since 2007, with 2018 issuance totaling USD 167.6bn.
• The USA was the largest green bond market in 2018 with USD 34.2bn in issuance, followed by China (USD 31bn) and France (USD 14.2bn).

APA

Climate Bonds Initiative (2018). GREEN BONDS THE STATE OF THE MARKET 2018. https://www.climatebonds.net/files/documents/publications/Green-bonds-The-state-of-the-market-2018.pdf

Chicago

Climate Bonds Initiative. GREEN BONDS THE STATE OF THE MARKET 2018. 2018. https://www.climatebonds.net/files/documents/publications/Green-bonds-The-state-of-the-market-2018.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=GREEN BONDS THE STATE OF THE MARKET 2018 |date=2018 |url=https://www.climatebonds.net/files/documents/publications/Green-bonds-The-state-of-the-market-2018.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{GREEN BONDS THE STATE OF THE MARKET 2018}}, institution = {Climate Bonds Initiative}, year = {2018}, url = {https://www.climatebonds.net/files/documents/publications/Green-bonds-The-state-of-the-market-2018.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }