Odd Lots
An Early Sign That the Market for Green Bonds Is Stalling
Political risk comes for us all.
A natural gas flare stack at an oil well in Midland, Texas, U.S. on Monday, April 4, 2022.
Photographer: Jordan Vonderhaar/BloombergThis article is for subscribers only.
Sales of some green bonds are in the stall zone.
After pushing new highs for years, US issuance of investment-grade green, social and sustainability (GSS) debt — a subset of the broader environmental, social and governance (ESG) umbrella — has dropped considerably so far in 2023, according to figures compiled by JPMorgan Chase & Co.