SINGAPORE (Dec 5): In 2018 alone, about US$58.8 billion ($80.1 billion) in social and sustainability bonds were issued. The first green bond was issued by the European Investment Bank and the World Bank in 2007, and the market has grown to more than US$160 billion in issuances in 2018. This is according to Sustainalytics, an environmental, social and governance (ESG) research and rating firm, and it looks like sustainable financing is set to grow even bigger.

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