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Sustainable Finance Outlook

SEB flagship report Sustainable Finance Outlook provides insights and market intelligence for navigating the sustainability transition. 

The report includes regular updates on energy transition investments, sustainable finance markets, regulations and topical research.

1 October 2026

Physical risk meets capital

In this issue, we explore how different investment strategies are exposed to physical risk and how sustainable finance is being activated for climate adaptation. SEB experts will demonstrate how limited data is already influencing investment decisions—and why corporates need to understand how this can affect their investability.

Sustainable Finance Outlook October 2026 (pdf)
Share of sustainable bond allocations reported by MSCI ACWI companies went to climate-resilience investments.
3%
Number of Europe’s data centres among the most exposed to physical risk across main global economies.
48

Earlier reports

  1. 2026

    1. 2 September 2026

      Europe’s Carbon Policy Balancing Act

      In this issue, we explore the implications of proposed changes to the EU ETS on companies in heavy industry, construction, and real estate. We will explore how EU carbon price trajectories influence the business case for decarbonization investments, as well as their impact on building costs and balance sheets.

      Sustainable bond issuance as of end of July 2026
      USD 1226bn
      increase in EU steel and cement prices by 2040 due to carbon pricing
      135%
      Sustainable Finance Outlook Sep 2026
    2. 12 May 2026

      Geopolitical disruption accelerates search for clean alternatives

      The latest issue of SEB’s Sustainable Finance Outlook presents insights into the implications of the conflict in the Middle East for the pace of the energy transition. The May issue of SEB’s Sustainable Finance Outlook explores the challenges and opportunities for clean energy solutions to replace fossil oil & gas.

      Sustainable bond issuance in Q1 2026
      USD 503bn
      YOY increase in EV sales in Germany
      41%
      Sustainable Finance Outlook May 2026
    3. 18 February 2026

      Making circular economy bankable

      The latest issue of SEB’s Sustainable Finance Outlook presents insights on how to make circular economy bankable. The February issue of SEB’s Sustainable Finance Outlook explores how companies and financial institutions can exploit business opportunities from circular economy activities.

      Sustainable debt transactions in 2025
      USD 2.2 trillion
      Global energy transition investments in 2025
      USD 2.3 trillion
      Sustainable Finance Outlook February 2026
  2. 2025

    1. 10 December 2025

      Charging the transition

      The December issue of SEB’s Sustainable Finance Outlook explores the topic of energy storage systems and the role that batteries will play in strengthening the business case for the energy transition

      utility-scale battery storage to be installed in Europe by 2035
      550 GWh
      Sustainable Finance Outlook December 2025
    2. 24 September 2025

      Funding net zero pathways

      The latest issue of SEB’s Sustainable Finance Outlook introduces innovative methods to assess and finance industrial decarbonisation. It highlights the strategic value of cost-effective and flexible corporate net zero transformation in a rapidly evolving policy and market landscape. The report also examines how recent shifts in U.S. policy impact the energy transition.

      Share of global emissions from cement, chemicals, oil and gas and steel industries
      29%
      China’s exports of lithium-ion batteries to the US in 2024
      USD 21.6bn
      Sustainable Finance Outlook September 2025
    3. 12 June 2025

      Sustainable Finance Strengthening Long-Term Security

      The latest issue of SEB’s Sustainable Finance Outlook explores how sustainable finance can play an important role in long-term security beyond just defence. The report maps the investment areas at the intersection of sustainable finance and security —including, but not limited to, renewable energy, resource efficiency, disaster preparedness, and cybersecurity.

      weekly cyberattacks on energy companies globally in 2024
      1,600
      Sustainable Finance Outlook June 2025
    4. 5 March 2025

      Geopolitics, competitiveness and decarbonization

      of sustainable bonds issued in January and February 2025
      USD 160bn
      The Green Bond – March 2025
  3. 2024

    1. 27 November 2024

      The Green Bond November 2024

      Estimated amount spent on the energy transition in 2024
      USD 2 trillion
      The Green Bond - November 2024
    2. 5 September 2024

      The Green Bond September 2024

      CAGR – Expected growth of the water and wastewater treatment market until 2032
      7.5%
      The Green Bond - September 2024
    3. 18 June 2024

      The Green Bond June 2024

      Sustainable finance for data centre development expected for 2024
      USD 25 billion
      The Green Bond - June 2024
    4. 18 April 2024

      The Green Bond April 2024

      Market share of sustainable bonds of all bonds issued in Europe during Q1 2024
      6.7%
      The Green Bond - April 2024
    5. 21 February 2024

      The Green Bond February 2024

      New sustainable bonds and loans
      14%
      The Green Bond - February 2024

Sustainable Finance Outlook: Physical risk meets capital

2026-10-27: In this issue, we explore how different investment strategies are exposed to physical risk and how sustainable finance is being activated for climate adaptation. SEB experts will demonstrate how limited data is already influencing investment decisions—and why corporates need to understand how this can affect their investability.

Transition in Numbers

In the podcast series Transition in Numbers, host Lina Apsheva takes a closer look at the key numbers behind the transition, its progress, and the challenges and opportunities that lie ahead. 

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