1、Sustainable Debt Global State of the Market 2022 Climate Bonds Initiative 1TRANSITIONPrepared by Climate Bonds Initiative.Sponsored by Citigroup,IFC and J.P.Morgan.GREENSOCIALSUSTAINABILITY LINKEDSUSTAINABILITYSUSTAINABLE DEBTGLOBAL STATE OF THE MARKET 2022Sustainable Debt Global State of the Market

2、 2022 Climate Bonds Initiative 2About this reportThis is the 12th iteration of Climate Bonds Initiatives(Climate Bonds)Global State of the Market Report.The scope of this report includes analysis of the green,social and sustainability(GSS)markets,plus sustainability-linked bonds(SLBs),and transition

3、 bonds.This report describes the shape and size of the GSS,SLB,and transition(collectively GSS+)debt market as of 31 December 2022.About the Climate Bonds Initiative Climate Bonds is an international organisation working to mobilise global capital for climate action.It promotes investment in project

4、s and assets needed for a rapid transition to a low-carbon,climate-resilient,and fair economy.The mission focus is to help drive down the cost of capital for large-scale climate and infrastructure projects and to support governments seeking increased capital markets investment to meet climate and gr

5、eenhouse gas(GHG)emission reduction goals.Climate Bonds conducts market analysis and policy research;undertakes market development activities;advises governments and regulators;and administers a global green bond Standard and Certification scheme.Climate Bonds screens green finance instruments again

6、st its global Taxonomy to determine alignment,and shares information about the composition of this market with partners.The Climate Bonds team has also expanded its analysis to other thematic areas,such as social and sustainability bonds via the development of screening methodologies for investments