Global Sustainable Finance Market is valued at approximately USD 3650 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 20.1% over the forecast period 2022-2029. Sustainable Finance refers to financing projects that follow Environmental, Social, Governance (ESG) practices. There are different types of sustainable financing products available such as green bonds, renewable energy equity financing, carbon credits, and public institutional equity investing among others. The rising investment in business with sustainable ESG practices and growing penetration of FinTech Platforms worldwide as well as recent initiatives from leading market players are key factors accelerating the market growth.

According to the Association for Financial Markets in Europe (AFME) estimates - during Financial Year 2021 approximately USD 749.8 billion worth of ESG bonds & loans were issued across Europe, witnessing an increase of over 89% from USD 396.4 billion in FY 2020. In addition, ESG bond issuance represented 20.2% of total European bond issuance during 2021, from 9.3% in 2020. Also, rising awareness of sustainable business operations and growing expansion of global banking and financial services sector would create growth prospectus for the market over the forecast period. However, the lack of penetration from developing regions stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Sustainable Finance Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to presence of key market players and growing investment in sustainable projects in the region. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising expansion of banking & Finance sector coupled with favorable government initiatives in the region.

Major market players included in this report are:

Acuity Knowledge Partners

Aspiration Partners, Inc.

BNP Paribas

Deutsche Bank AG

Goldman Sachs

HSBC Group

KPMG International

NOMURA HOLDINGS, INC.

Pwc

Refinitiv

Recent Developments in the Market:

In September 2021, HSBC Bank Canada announced five new sustainable finance tools for commercial and global banking clients in Canada. Further, with these new products, the bank has become the first bank in Canada to apply sustainable finance market principles to both trade and deposit products.
In February 2022, The Bank for International Settlements (BIS) unveiled a new green bond fund dedicated to helping finance investments in green projects in the Asia and Pacific region.
In April 2022, Bank of America announced to have deployed USD 250 billion in sustainable finance activity for 2021. In addition, in April 2021, the bank announced a sustainable finance goal of USD 1.5 trillion by 2030. This expansion would enable the bank in extending its sustainable finance portfolio.
Global Sustainable Finance Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Investment Type, Transection Type, End-Use Industry, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Investment Type:

Equity

Fixed Income

Mixed Allocation

Others

By Transaction Type:

Green Bond

Social Bond

Mixed-sustainability Bond

By End Use Industry:

Utilities

Transport and Logistics

Chemicals

Food and Beverage

Government

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World