Green Bonds Market
Description
The global green bonds market was valued at $582.6 billion in 2023, and is projected to reach $1,555.1 billion by 2033, growing at a CAGR of 10.1% from 2024 to 2033.
The green bonds market is a specialized segment where the primary objective is to finance environmental and climate-positive projects. These bonds are issued by governments, private corporations, or other entities with the specific aim of funding initiatives that address environmental challenges, such as renewable energy development, waste management, sustainable forestry, and pollution reduction. The proceeds from green bonds are exclusively dedicated to projects that align with environmental sustainability goals. By investing in green bonds, investors not only seek financial returns but also contribute to efforts aimed at mitigating climate change and conserving natural resources.
This sector has garnered increasing interest from investors who are keen to align their portfolios with responsible investment practices. Green bonds offer an opportunity to support global environmental objectives while achieving financial returns. As awareness of environmental issues grows, the green bonds market has expanded rapidly, attracting institutional investors, asset managers, and even retail investors eager to support sustainable development. Furthermore, as the world transitions to a low-carbon economy, green bonds are becoming a vital tool for financing this shift toward a more sustainable future.
The demand for investments that align with environmental sustainability and climate change mitigation goals is driving the growth of the green bonds market. As investors become more aware of the environmental impact of their portfolios, there is a growing preference for green bonds, which directly support renewable energy projects, energy efficiency initiatives, and other eco-friendly developments. This shift toward sustainable investing is further supported by government incentives, international climate agreements, and corporate commitments to achieving net-zero emissions. The European Union’s Green Deal, which aims to make Europe the world’s first climate-neutral continent by 2050, has significantly bolstered the demand for green bonds.
Segment Review
The green bonds market is segmented on the basis of investor type, issuer, application, and region. By investor type, the market is divided into fund managers, bank treasuries, insurance and pension funds, central banks/official institutions, banks, and hedge funds. In terms of issuer, the green bonds market is segmented into government agencies, sovereigns, financial institutions, corporates, municipals, and development banks. By application, the green bonds market is further categorized into energy, building, water, transport, waste, land, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings:
of the study
By investor type, the fund manager segment led the market in terms of revenue in 2023.
By issuer, the corporate segment accounted for the highest green bonds market share in 2023.
By application, the energy segment accounted for the highest green bonds market share in 2023.
By region, Europe generated the highest revenue in 2023.
The report profiles the key players operating in the green bonds market analysis such as KfW, Frankfurt Am Main, Abu Dhabi Future Energy Company, China Development Bank, Bank Of China, European Investment Bank, World Bank Group, Equinix, Inc., Deutsche Bank AG, Engie Group, and Iberdrola, S.A. These players have adopted various strategies to increase their market penetration and strengthen their position in the green bonds market.
Key Market Segments
By Investor Type
Banks
Hedge Funds
Fund Manager
Bank Treasuries
Insurance and Pension Funds
Central Banks / Official Institutions
By Issuer
Government Agencies
Sovereigns
Financial Institutes
Corporates
Municipals
Development Bank
By Application
Energy
Building
Water
Transport
Waste
Land
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
The World Bank Group
Equinix, Inc.
Deutsche Bank AG
KfW Group
Engie Group
Iberdrola, S.A.
Bank of China
China Development Bank
Abu Dhabi Future Energy Company
European Investment BankThe research methodology of the global market involves extensive primary and secondary research. Primary research includes about over 12 hours of interviews and discussion with a wide range of stakeholders, including upstream and downstream participants. The primary research typically is the bulk of our research efforts; however, coherently supported by extensive secondary research. Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such documents of key industry participants to obtain better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations' releases,and government websites have also been reviewed for generating high-value industry insights.
The green bonds market is a specialized segment where the primary objective is to finance environmental and climate-positive projects. These bonds are issued by governments, private corporations, or other entities with the specific aim of funding initiatives that address environmental challenges, such as renewable energy development, waste management, sustainable forestry, and pollution reduction. The proceeds from green bonds are exclusively dedicated to projects that align with environmental sustainability goals. By investing in green bonds, investors not only seek financial returns but also contribute to efforts aimed at mitigating climate change and conserving natural resources.
This sector has garnered increasing interest from investors who are keen to align their portfolios with responsible investment practices. Green bonds offer an opportunity to support global environmental objectives while achieving financial returns. As awareness of environmental issues grows, the green bonds market has expanded rapidly, attracting institutional investors, asset managers, and even retail investors eager to support sustainable development. Furthermore, as the world transitions to a low-carbon economy, green bonds are becoming a vital tool for financing this shift toward a more sustainable future.
The demand for investments that align with environmental sustainability and climate change mitigation goals is driving the growth of the green bonds market. As investors become more aware of the environmental impact of their portfolios, there is a growing preference for green bonds, which directly support renewable energy projects, energy efficiency initiatives, and other eco-friendly developments. This shift toward sustainable investing is further supported by government incentives, international climate agreements, and corporate commitments to achieving net-zero emissions. The European Union’s Green Deal, which aims to make Europe the world’s first climate-neutral continent by 2050, has significantly bolstered the demand for green bonds.
Segment Review
The green bonds market is segmented on the basis of investor type, issuer, application, and region. By investor type, the market is divided into fund managers, bank treasuries, insurance and pension funds, central banks/official institutions, banks, and hedge funds. In terms of issuer, the green bonds market is segmented into government agencies, sovereigns, financial institutions, corporates, municipals, and development banks. By application, the green bonds market is further categorized into energy, building, water, transport, waste, land, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings:
of the study
By investor type, the fund manager segment led the market in terms of revenue in 2023.
By issuer, the corporate segment accounted for the highest green bonds market share in 2023.
By application, the energy segment accounted for the highest green bonds market share in 2023.
By region, Europe generated the highest revenue in 2023.
The report profiles the key players operating in the green bonds market analysis such as KfW, Frankfurt Am Main, Abu Dhabi Future Energy Company, China Development Bank, Bank Of China, European Investment Bank, World Bank Group, Equinix, Inc., Deutsche Bank AG, Engie Group, and Iberdrola, S.A. These players have adopted various strategies to increase their market penetration and strengthen their position in the green bonds market.
Key Market Segments
By Investor Type
Banks
Hedge Funds
Fund Manager
Bank Treasuries
Insurance and Pension Funds
Central Banks / Official Institutions
By Issuer
Government Agencies
Sovereigns
Financial Institutes
Corporates
Municipals
Development Bank
By Application
Energy
Building
Water
Transport
Waste
Land
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
The World Bank Group
Equinix, Inc.
Deutsche Bank AG
KfW Group
Engie Group
Iberdrola, S.A.
Bank of China
China Development Bank
Abu Dhabi Future Energy Company
European Investment BankThe research methodology of the global market involves extensive primary and secondary research. Primary research includes about over 12 hours of interviews and discussion with a wide range of stakeholders, including upstream and downstream participants. The primary research typically is the bulk of our research efforts; however, coherently supported by extensive secondary research. Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such documents of key industry participants to obtain better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations' releases,and government websites have also been reviewed for generating high-value industry insights.
Table of Contents
250 Pages
- CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
- CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO perspective
- CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter’s five forces analysis
- 3.3.1. Moderate to high bargaining power of suppliers
- 3.3.2. Moderate to high threat of new entrants
- 3.3.3. Moderate to high threat of substitutes
- 3.3.4. Moderate to high intensity of rivalry
- 3.3.5. Moderate to high bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increasing Demand for Sustainable Investment
- 3.4.1.2. Regulatory Support and Policies
- 3.4.1.3. Corporate and Institutional Commitment to Sustainability
- 3.4.2. Restraints
- 3.4.2.1. Lack of Standardization
- 3.4.2.2. Higher Issuance Costs
- 3.4.3. Opportunities
- 3.4.3.1. Growing Interest from Emerging Markets
- CHAPTER 4: GREEN BONDS MARKET, BY INVESTOR TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Fund Manager
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Bank Treasuries
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Insurance and Pension Funds
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Central Banks / Official Institutions
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Banks
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
- 4.7. Hedge Funds
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
- CHAPTER 5: GREEN BONDS MARKET, BY ISSUER
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Government Agencies
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Sovereigns
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Financial Institutes
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Corporates
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Municipals
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
- 5.7. Development Bank
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
- CHAPTER 6: GREEN BONDS MARKET, BY APPLICATION
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Energy
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Building
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Water
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Transport
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.6. Waste
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
- 6.7. Land
- 6.7.1. Key market trends, growth factors and opportunities
- 6.7.2. Market size and forecast, by region
- 6.7.3. Market share analysis by country
- 6.8. Others
- 6.8.1. Key market trends, growth factors and opportunities
- 6.8.2. Market size and forecast, by region
- 6.8.3. Market share analysis by country
- CHAPTER 7: GREEN BONDS MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Investor Type
- 7.2.3. Market size and forecast, by Issuer
- 7.2.4. Market size and forecast, by Application
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Investor Type
- 7.2.5.1.2. Market size and forecast, by Issuer
- 7.2.5.1.3. Market size and forecast, by Application
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Investor Type
- 7.2.5.2.2. Market size and forecast, by Issuer
- 7.2.5.2.3. Market size and forecast, by Application
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Investor Type
- 7.3.3. Market size and forecast, by Issuer
- 7.3.4. Market size and forecast, by Application
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. UK
- 7.3.5.1.1. Market size and forecast, by Investor Type
- 7.3.5.1.2. Market size and forecast, by Issuer
- 7.3.5.1.3. Market size and forecast, by Application
- 7.3.5.2. Germany
- 7.3.5.2.1. Market size and forecast, by Investor Type
- 7.3.5.2.2. Market size and forecast, by Issuer
- 7.3.5.2.3. Market size and forecast, by Application
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by Investor Type
- 7.3.5.3.2. Market size and forecast, by Issuer
- 7.3.5.3.3. Market size and forecast, by Application
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Investor Type
- 7.3.5.4.2. Market size and forecast, by Issuer
- 7.3.5.4.3. Market size and forecast, by Application
- 7.3.5.5. Spain
- 7.3.5.5.1. Market size and forecast, by Investor Type
- 7.3.5.5.2. Market size and forecast, by Issuer
- 7.3.5.5.3. Market size and forecast, by Application
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Investor Type
- 7.3.5.6.2. Market size and forecast, by Issuer
- 7.3.5.6.3. Market size and forecast, by Application
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Investor Type
- 7.4.3. Market size and forecast, by Issuer
- 7.4.4. Market size and forecast, by Application
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Investor Type
- 7.4.5.1.2. Market size and forecast, by Issuer
- 7.4.5.1.3. Market size and forecast, by Application
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Investor Type
- 7.4.5.2.2. Market size and forecast, by Issuer
- 7.4.5.2.3. Market size and forecast, by Application
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Investor Type
- 7.4.5.3.2. Market size and forecast, by Issuer
- 7.4.5.3.3. Market size and forecast, by Application
- 7.4.5.4. Australia
- 7.4.5.4.1. Market size and forecast, by Investor Type
- 7.4.5.4.2. Market size and forecast, by Issuer
- 7.4.5.4.3. Market size and forecast, by Application
- 7.4.5.5. South Korea
- 7.4.5.5.1. Market size and forecast, by Investor Type
- 7.4.5.5.2. Market size and forecast, by Issuer
- 7.4.5.5.3. Market size and forecast, by Application
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Market size and forecast, by Investor Type
- 7.4.5.6.2. Market size and forecast, by Issuer
- 7.4.5.6.3. Market size and forecast, by Application
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Investor Type
- 7.5.3. Market size and forecast, by Issuer
- 7.5.4. Market size and forecast, by Application
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by Investor Type
- 7.5.5.1.2. Market size and forecast, by Issuer
- 7.5.5.1.3. Market size and forecast, by Application
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by Investor Type
- 7.5.5.2.2. Market size and forecast, by Issuer
- 7.5.5.2.3. Market size and forecast, by Application
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by Investor Type
- 7.5.5.3.2. Market size and forecast, by Issuer
- 7.5.5.3.3. Market size and forecast, by Application
- CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2023
- CHAPTER 9: COMPANY PROFILES
- 9.1. European Investment Bank
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.2. The World Bank Group
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.3. China Development Bank
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.4. KfW Group
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.5. Abu Dhabi Future Energy Company
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.6. Bank of China
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.7. Equinix, Inc.
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.8. Deutsche Bank AG
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.9. Engie Group
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.10. Iberdrola, S.A.
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
