As the first quarter of 2023 came to an end, financial markets took stock of the ongoing macroeconomic conjuncture and how it is affecting investors. Sustainable bond markets were no exception, including ESG-labelled bonds (proceeds-based), sustainable-linked bonds, transition bonds, green-linked loans and sustainable-linked loans (SLBs), which saw significant growth in the Nordic region during the start of the year, even if issuance across Europe was down for the same period.
