S&P Global Ratings Forecasts Global Sustainable Bond Market Will Consolidate In 2026 with Issuance Levels at $800-900 billion

LONDON, March 12, 2026 /PRNewswire/ -- After years of rapid growth, the global sustainable bond market is entering a new phase, according to a new series of sustainable bond outlooks from S&P Global Ratings. Issuance should stabilize at $800 billion-$900 billion in 2026 as regional trends diverge and the market matures.

"The era of rapid expansion is giving way to a period of measured growth. Issuers contend with rising debt maturities, shifting policy priorities, and a more competitive capital market," said Patrice Cochelin, Managing Director, Sustainability Methodology and Research, at S&P Global Ratings.

The series highlights that sustainable bond markets are still expanding, but slower and more strategically. Analysts expect the market will focus less on growth and more on credibility, transparency, and measurable outcomes.

S&P Global Ratings' senior analysts will host a webinar on the 2026 sustainable bond outlook at 9 a.m. EDT/1 p.m. GMT on March 12, 2026. Register here for the latest insights on sector and regional trends, trending labelled bond types, upcoming debt maturities, and other key market developments.

This report does not constitute a rating action.

About S&P Global Ratings

At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/ratings

Media Contact:

Arnaud Humblot

S&P Global Ratings

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SOURCE S&P Global Ratings