Green Bonds Gleam with Promise as Interest Rates Set to Tumble

Global green bond sales are set to surge in 2024, buoyed by the anticipated fall in interest rates in the US and Europe. This favorable shift in the debt market is expected to enhance the appeal of green bonds, following a significant increase in sales in 2023. Europe led this growth, accounting for nearly half of the global market, as central banks globally are seen loosening monetary policies amidst reducing inflationary pressures​.