"Overall, S&P anticipates the growth trajectory for GSSSB volumes to more closely mirror the broader conventional bond market as the sustainable bond market matures, following several years of outsized growth, with GSSSB’s share of issuance volumes growing from 5% in 2019 to 13% in 2023. For 2024, the report forecasts GSSSB issuance volumes of $0.95 trillion to $1.05 trillion, growing slightly from $0.98 trillion in 2023, reaching as high as a 14% share at the high point."

Link: https://www.esgtoday.com/sp-forecasts-1-trillion-sustainable-bond-issuance-in-2024/