- Issuance drops 18% year-on-year due to higher interest rates and green bond market normalisation
- UAE and Saudi Arabia remain leaders in regional sustainability bond issuance
Middle Eastern countries issued $16.7 billion in sustainability bonds during the first nine months of 2024, according to Standard & Poor’s (S&P) Global Ratings’ report, Sustainability Insights: Middle East Sustainable Bond Issuance Trends. The report covers Saudi Arabia, the UAE, Turkey, Jordan, Kuwait, and Qatar.
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