Green-bond issuance in the MENA region has expanded rapidly in recent years. How does the use of proceeds compare to global green-bond issuers and who’s leading on the credibility front? 

Corporate decarbonization targets without capital commitments can lack credibility, and issuers of labeled corporate bonds led other bond issuers on climate targets. But just how well did these issuers perform in our assessment? 

Green bonds’ issuance by governments has increased significantly and changed the green-bond universe and its indexes. Investors have had to adjust accordingly.