Green Bonds Market Size
| Study Period | 2020-2029 |
| Market Size (2024) | USD 609.64 Billion |
| Market Size (2029) | USD 943.19 Billion |
| CAGR (2024 - 2029) | 9.12 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Green Bonds Market Analysis
The Green Bonds Market size is estimated at USD 609.64 billion in 2024, and is expected to reach USD 943.19 billion by 2029, growing at a CAGR of 9.12% during the forecast period (2024-2029).
Over the past ten years, the market for green bonds has grown significantly as sustainability and climate change have gained prominence on a worldwide scale. Green bonds are debt securities that are created especially to fund environmentally beneficial projects. They allow issuers to raise capital for projects that promote renewable energy, energy efficiency, sustainable infrastructure, clean transportation, and other environmentally friendly initiatives. Since its launch, the green bond market has experienced impressive development.
The market has continued to expand, with issuances from various entities, including corporations, governments, municipalities, and development banks. The green bond market has attracted many investors, including institutional investors, asset managers, pension funds, and retail investors. Green bonds offer a means of engaging in sustainable investing, as investors are increasingly incorporating incorporating governance, social, and environmental (ESG) factors into their investment plan. The market has also witnessed the emergence of dedicated green bond funds and indices, further driving investor interest.
Green Bonds Market Trends
Increasing Loans is Fuelling the Market
Green bonds are debt products created especially to fund environmentally beneficial projects. Projects that advance sustainability, such as energy efficiency, clean transportation, renewable energy, and climate change adaptation, are funded with the proceeds from green bonds. It would be more correct to state that investor demand and regulatory support are the main forces behind the market's expansion rather than the fact that loans play an indirect role by supplying financing to companies that issue green bonds. Although loans specifically for green projects might help finance eco-friendly projects, the market for green bonds is not driven by loans per se.
Increasing Green Bonds Market in Asia-Pacific
The Asia-Pacific area has seen a rise in the issuance of green bonds in recent years, which is indicative of the growing interest in sustainable finance and tackling environmental issues. China, Japan, and South Korea are just a few of the Asia-Pacific nations committed to having a strong commitment to ecological preservation and sustainable growth. These nations' governments have enacted laws and policies to support green finance, which has made it easier for the issue of green bonds to increase. The Asia-Pacific area has a lot of infrastructure demands, such as programs for climate adaptation, sustainable transportation, and renewable energy. As a means of meeting these demands and guaranteeing that projects follow environmental guidelines, green bonds have surfaced. Green bond issuing has aided in financing initiatives that support the sustainable development objectives of the area.
Green Bonds Industry Overview
The green bonds market is moderately consolidated, with regional and global players. Some of the major players in the market globally include Apple Inc., Bank of America, JP Morgan Chase, Barclays, and Citigroup, among others. In the study period, market players were also involved in mergers and acquisitions, and partnerships focused on expanding their presence in the market. The market opportunities will help the market growth during the forecast period, which is expected to drive the market competition further.
Green Bonds Market Leaders
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Apple Inc
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Bank of America
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JP Morgan Chase
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Barclays
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Citigroup
*Disclaimer: Major Players sorted in no particular order
Green Bonds Market News
- In December 2023: The African Development Bank Group partnered with the coalition of development finance institutions of the Global Green Bond Initiative. Both collaborated on technical assistance to promote Africa's green bond markets.
- In September 2023: The Inter-American Development Bank (IDB) partnered with the KfW Development Bank to Boost Green Bond Market Development. The Partnership gave IDB USD 2.15 million to support initiatives to create and advance best practices, guidelines, and financial tools to support the growth of the green bond markets in the Americas and the Caribbean.
Green Bonds Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Number of Investors
4.3 Market Restraints
4.3.1 Small Size of the Green Bond Market Compared to Traditional Bond Market
4.4 Market Opportunities
4.4.1 Increasing Interest in Green Bonds Among Government Agencies
4.5 Porters 5 Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on Technological Innovations in the Market
4.7 Impact of Covid-19 on the Market
5. MARKET SEGMENTATION
5.1 By Issuer
5.1.1 Public Sector Issuers
5.1.2 Private Sector Issuers
5.2 By Sectors
5.2.1 Government Backed Entities
5.2.2 Financial Corporations
5.2.3 Non-Financial Corporations
5.2.4 Development Banks
5.2.5 Local Government
5.2.6 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 Russia
5.3.2.4 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Rest of Asia Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 UAE
5.3.5.2 Saudi Arabia
5.3.5.3 South Africa
5.3.5.4 Rest of Middle East
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration
6.2 Company Profiles
6.2.1 Apple Inc
6.2.2 Bank of America
6.2.3 JP Morgan Chase
6.2.4 Barclays
6.2.5 Citigroup
6.2.6 Credit Agricole
6.2.7 BNP Paribas
6.2.8 HSBC Holdings
6.2.9 Deutsche Bank
6.2.10 Iberdrola SA*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Green Bonds Industry Segmentation
Green bond is a debt security type that is offered by a company to finance or refinance initiatives that have a positive impact on the climate and environment. Alternative names for green bonds include climate bonds. This report aims to provide a detailed analysis of the Green bonds market. Green bonds market focuses on the market dynamics, emerging trends in the segments and regional markets, and insights into the various product and application types. Also, it analyses the key players and the competitive landscape. The green bonds market is segmented by the issuer which includes public sector issuers and private sector issuers, by sectors including government-backed entities, financial corporations, non-financial corporations, development banks, local government, others, and by geography including North America, Europe, Asia-Pacific, South America, Middle East. The report offers market size and forecasts for the green bonds markets in terms of revenue (USD) for all the above segments.
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Green Bonds Market Research FAQs
How big is the Green Bonds Market?
The Green Bonds Market size is expected to reach USD 609.64 billion in 2024 and grow at a CAGR of 9.12% to reach USD 943.19 billion by 2029.
What is the current Green Bonds Market size?
In 2024, the Green Bonds Market size is expected to reach USD 609.64 billion.
Who are the key players in Green Bonds Market?
Apple Inc, Bank of America, JP Morgan Chase, Barclays and Citigroup are the major companies operating in the Green Bonds Market.
Which is the fastest growing region in Green Bonds Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Green Bonds Market?
In 2024, the Asia Pacific accounts for the largest market share in Green Bonds Market.
What years does this Green Bonds Market cover, and what was the market size in 2023?
In 2023, the Green Bonds Market size was estimated at USD 554.04 billion. The report covers the Green Bonds Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Green Bonds Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Green Bonds Industry Report
Statistics for the 2024 Green Bonds market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Green Bonds analysis includes a market forecast outlook to for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Green Bonds Market Report Snapshots
