Issuance of green bonds in EM and developing economies more than doubled in 2021 to a record $95bn, up from $41 billion the previous year. It was fueled by demand from both domestic and international investors, coupled with expanded issuance by new and existing issuers.
Of the 35 issuers from these markets, the report from Amundi and IFC identified seven new entrants: Bangladesh, Côte d’Ivoire, the Dominican Republic, Guatemala, Pakistan, Serbia, and the Slovak Republic. China was the largest issuer, accounting for nearly two-thirds of the total.
An additional $64bn of social, sustainability and sustainability-linked bonds (SLBs) in 2021 brought the total EM issuance of these bonds to $159bn for the year – nearly triple the 2020 volume.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.
