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The Climate Bonds Initiative's Q1 2026 report details the state of the global aligned GSS+ (Green, Social, Sustainability, and Sustainability-linked) debt market. As of March 2026, the cumulative aligned volume reached USD 6,986.0 billion, with green-labelled debt remaining the dominant theme. While the overall market saw a 9% decline in supply compared to Q1 2025 on a like-for-like basis, specific regions like France and Germany showed strong activity in social and green bonds, respectively.

A case study by the World Resources Institute detailing how the Cities4Forests initiative and its partners mobilized $115 million to restore 320,000 acres of forests and watersheds across 15 US states to mitigate wildfire risks and secure water supplies.

The Climate Bonds Initiative's Green Bond Dataset (GBD) methodology provides a science-based framework for screening labelled green bonds to determine their alignment with a low-carbon economy. By utilizing a modular ecosystem of core principles and a dynamic internal screening library, the GBD moves beyond issuer labels to provide diagnostic insights into environmental credibility, specifically targeting climate change mitigation and ecosystem protection while actively excluding activities that cause carbon lock-in.

The 'Sustainable Finance Global Market Trends 2025' report by the Climate Bonds Initiative analyzes the scale and composition of the global GSS+ (Green, Social, Sustainability, and Sustainability-Linked) bond market as of December 31, 2025. It highlights a cumulative issuance of 8.1 trillion USD, with 6.8 trillion USD meeting the organization's strict criteria. The report emphasizes the continued dominance of green bonds, the growth of sustainability bonds, and the emergence of adaptation and resilience (A&R) finance as a new frontier.

The Climate Bonds Initiative's 2025 report details the state of the global aligned GSS+ (green, social, sustainability, and sustainability-linked) debt market, which reached a cumulative volume of USD 6.8 trillion by the end of 2025. The report highlights the continued dominance of green bonds, the growth of sustainability-labelled debt, and the emergence of adaptation and resilience (A&R) finance as a significant new frontier, exemplified by the launch of the Climate Bonds Resilience Taxonomy (CBRT).

This landscape study by FSD Africa provides a comprehensive assessment of the asset management industry and pension systems across 54 African countries. It identifies a general trend of conservative investment strategies, uneven regulatory oversight, and significant gaps in coverage for informal workers and women. The report recommends a shift toward risk-based supervision, the expansion of micro-pensions, and the development of national ESG taxonomies to mobilize domestic capital for sustainable economic growth.

The Development Bank of Southern Africa (DBSA), supported by the Climate Policy Initiative (CPI) and Promethium Carbon, has designed two financial instruments—a carbon credit-backed bond and a carbon repo facility—to address the supply-demand imbalance and liquidity challenges in South Africa's voluntary carbon market (VCM). These instruments aim to transform carbon credits into investable assets to mobilize private capital for climate mitigation projects.

This report by the Africa Policy Research Institute examines the intersection of climate change, food security, and agricultural policy in Nigeria. It analyzes the alignment between national strategies—such as the National Agricultural Transformation Implementation Plan (NATIP) and the Nationally Determined Contributions (NDC)—and highlights the critical role of community-led initiatives in building resilience against extreme weather and environmental degradation.

The Climate Bonds’ Resilience Taxonomy (CBRT) is a classification system designed to help corporate infrastructure issuers identify and verify investments that contribute to climate adaptation and resilience. Currently in an interim phase with draft screening criteria, the CBRT covers over 1,400 investments across seven resilience themes, providing a framework for determining eligibility, alignment, and eligible costs for thematic bonds.

This guide provides a practical perspective on the green bond market, detailing its origins, the role of the Climate Bonds Initiative's database, and the principles used to ensure capital supports climate-aligned causes.

This report by FSD Africa, BII, and Copernican Securities examines the potential for securitisation to deepen capital markets in sub-Saharan Africa. It identifies a significant private credit gap and argues that while South Africa has a mature market, other African nations face substantial regulatory, legal, and capacity barriers. The report recommends a holistic approach to regulatory reform, increased technical assistance from MDBs and DFIs, and the adoption of standardised data reporting to attract institutional investors.

This policy brief examines climate financing mechanisms in Brazil and South Africa, focusing on carbon pricing, green bonds, green taxonomies, and central bank regulations. It argues that these two BRICS nations are well-positioned to lead the Global South in advocating for a reformed global financial architecture—specifically the restructuring of the World Bank and IMF—to ensure more affordable and equitable climate finance for developing economies.

The Hong Kong Sustainable Debt Market Briefing 2024 analyzes the performance of sustainable debt in Hong Kong through the end of 2024, highlighting a decline in locally originated debt alongside a significant increase in international GSS+ bond issuance and the launch of the Hong Kong Taxonomy.

The 'China Sustainable Debt Market Report 2024' provides a comprehensive analysis of China's Green, Social, Sustainability, and Sustainability-Linked (GSS+) bond market. As of the end of 2024, China's cumulative issuance of CBI-defined GSS+ bonds exceeded $500 billion, making it the world's third-largest issuer. While green bonds remain dominant, the report notes a decline in financial institution issuance in 2024, offset by growth in non-financial sectors. The report highlights the rapid growth of social and sustainability bonds, the challenges facing the sustainability-linked bond (SLB) market regarding transparency and ambition, and the specific opportunities for GSS+ financing in the Guangdong-Hong Kong-Macao Greater Bay Area.

The 'Sustainable Debt Global State of the Market 2024' report by the Climate Bonds Initiative provides a detailed analysis of aligned green, social, sustainability, and sustainability-linked (GSS+) debt as of the end of Q1 2025. It tracks cumulative volumes, quarterly trends, and the performance of various issuer types and sovereign nations, highlighting a total cumulative aligned volume of USD 5.9 trillion.

The Hong Kong Sustainable Debt Market Briefing 2024, published by the Climate Bonds Initiative, provides a comprehensive analysis of the Hong Kong Special Administrative Region (HKSAR) green, social, sustainability, and sustainability-linked bond (GSS+) market as of the end of 2024. While overall aligned GSS+ debt volume declined by 41% year-on-year to USD 10.8bn, the report highlights growth in social and sustainability bonds and the HKSAR Government's continued leadership in the Asia-Pacific region through its Sustainable Bond Programme and the introduction of the Hong Kong Taxonomy for Sustainable Finance.

This policy brief examines the critical role of African international financial institutions (IFIs) in addressing the continent's infrastructure deficit to ensure the success of the African Continental Free Trade Area (AfCFTA). It highlights the gap between annual infrastructure financing needs ($130–$170 billion) and actual funds raised (approximately $80 billion), advocating for a more institutionalised coordination framework among IFIs to better mobilise private capital and improve project bankability.

A case study by FSD Africa detailing the Moroccan National Railways Office's (ONCF) issuance of Morocco's first infrastructure Green Bond to finance a wind-powered high-speed rail link between Tangier and Kenitra.

A statement by Friends of the Earth International regarding the COP16.2 negotiations in Rome, arguing that current biodiversity financing mechanisms are unjust and that a fundamental systemic change in the global financial system is required to effectively combat biodiversity loss.

Friends of the Earth International issues a statement calling for a fundamental systemic change in biodiversity financing ahead of the COP16.2 meeting in Rome. The organization argues that current financial mechanisms are unjust, driven by destructive industries, and fail to support the most effective conservation actors, such as Indigenous peoples and local communities.