Market Size of Green Bonds Industry
| 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 |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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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.
