27 November 2024
The Green Bond November 2024
The latest issue of SEB’s The Green Bond report takes an in-depth look at the outcome of the US elections and The UN Climate Change Conference COP29 in Baku. Despite mounting political headwinds, 2024 will see USD 2 trillion spent on the energy transition – twice as much as on fossil fuels, as well as a new record for new sustainable bond issuance. In the end, the continuously improving economics of renewables and mounting impacts from climate change will trump politics.
USD 2 trillion
Estimated amount spent on the energy transition in 2024