U.S. Government Campaign Against ESG Hits Emerging Market Green Bonds
By Selcuk Gokoluk, Vinícius Andrade and Carolina Wilson
The backlash in the US on climate issues is hitting the ability of many emerging markets to raise funds for environmental projects.
Their sales of green bonds have fallen by about a third in 2025 to $8 billion, the slowest start to a year since 2022, when excluding China’s issuance, according to data compiled by Bloomberg. The drop comes despite an 18% increase in overall bond issuance from emerging markets to $225 billion.
Photo courtesy of Sadi Hockmuller.
Source: The Detroit News (link opens in a new window)
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- data, ESG, global development, impact bonds
