JPMorgan Chase & Co. expects 2021 to be the first time more green, social, and sustainability debt is sold in dollars than euros.
Europe has been the dominant market for green financing, helped by stricter emissions regulations and investors that have been much quicker and more aggressive in adopting environmental investing principles. However, issuance of environmental, social and governance bonds in dollars is gaining momentum with a broader swath of U.S. issuers and investors.