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  • By 30 September 2022, cumulative global GSS+ debt topped USD3.5 trillion, with green bonds surpassing the USD2 trillion milestone. While Q3 2022 saw a decline in issuance volumes due to geopolitical and macroeconomic factors, the market remains dominated by EUR, USD, and CNY denominations. In the Middle East and Africa (MEA), the GSS+ market has reached USD33.2 billion, characterized by a high proportion of sustainability-linked bonds (SLBs) compared to the global average, reflecting the region's concentration of hard-to-abate sectors.

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    This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

    Themes: climate bondHard to abate sectorsclimate financeScope 3Blended Finance
    Climate Bonds Initiative

    Document type: Report

    Regions: WorldMiddle East and Africa
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