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The volume of Spanish sustainable bonds increased by 43% in the first half

Date: September 9, 2024 Time: 17:15:52

The volume of sustainable bonds in Spain increased by 43% in the first half of the year, reaching 87,209 million euros, according to data published this Tuesday by Ofiso (Spanish Observatory for Sustainable Financing). The entity has detailed through a press release that, within this total, green bonds registered an increase of 71%, up to 7,067 million euros; social bonds 50%, up to 1,500 million; sustainable bonds 6%, up to 3,300 million, and bonds linked to sustainability (SLB) remained stable with imports of 600 million.

By categories, the most preferred are renewable energies (captures 32% of the total volume), sustainable mobility (25.6%) and energy efficiency (18%), while sustainable building (8.9%), waste management (5.2%), water management and protection (4.9%), biodiversity (4%), circular economy (0.7%) and adaptation to climate change (0.3%) register lower items. In turn, the quarterly report has highlighted as key that in the Spanish panorama throughout the semester the sustainable debt ratio has risen by 14%, which represents a growth of 51%.

The volume of sustainable bonds in the world has risen 19% in the first semester, according to the observatory, which has estimated the total amount at 479,937 million euros. Green bonds have recorded deposits of 283,886 million euros, representing an increase of 30%; Social bonds have reached a volume of 87,495 million with an increase of 17%, a percentage similar to that registered by sustainable bonds, which have hoarded 78,875 million, while SLB bonds have been reduced by 30%, reaching 29,681 million.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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