The Growth of Sustainable Bond Issuances in Spain: A Beacon of ESG Resilience

Spain has witnessed significant progress in 2024 with the issuance of €24 billion in sustainable bonds, marking a 14% increase from the previous year. The strong growth outpaced the global increase of 2%, establishing Spain as a crucial player in the sustainable finance market amid macroeconomic challenges. The sustainable bonds issued were primarily classified as green (75%), social, and hybrid bonds, showcasing Spain’s ongoing commitment to ESG objectives.