Sustainable bond market contracts is down 19% from Q1

02 Aug 2024 CW Team

Moody's Ratings reported a decline in global sustainable bond issuance for the second quarter of 2024. The total issuance reached $238 billion, which represents a 20% decrease from the previous year and a 19% drop from the first quarter of this year. In the first half of 2024, cumulative issuance across five labeled categories amounted to $534 billion, marking an 8% decline from the $581 billion recorded in the same period of 2023.

The breakdown of the issuance includes $146 billion in green bonds, $39 billion in social bonds, $41 billion in sustainability bonds, $8 billion in sustainability-linked bonds, and $3 billion in transition bonds. Despite this decline, Moody's projected that the sustainable bond market could still meet the forecast of $950 billion for 2024 and potentially reach $1 trillion in annual issuance.

The report also noted a significant reduction in the number of new issuers, which has decreased by over a third annually since peaking in 2021. This reduction is attributed to heightened scrutiny from market regulators and concerns about greenwashing, which could be constraining market growth.

Additionally, the market for sustainable loans experienced a 29% drop, falling to $286 billion from $402 billion in the first half of 2023. Most of this segment consists of sustainability-linked loans, which have been impacted by issues related to missed targets and greenwashing concerns.

In response to these developments, the International Capital Market Association (ICMA) has released new guidance documents aimed at supporting green enabling projects and sustainability-linked loans. These updates emphasize a greater focus on transition finance, structural innovation, and improving the sustainability quality of financial instruments.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..