Sustainable bond markets miss an options trick

A derivatives mindset could boost lagging sustainability-linked market, argues climate think-tank

Sustainability-linked bonds – a large part of the financial industry’s arsenal in the war on fossil fuel usage – are failing to hit their mark. Not least, says the head of think-tank Anthropocene Fixed Income Institute (AFII), because traders have not appreciated how the products should trade.

In 2023, issuance for bonds with coupons linked to social or green performance indicators fell to roughly $60 billion from more than $100 billion just two years earlier, according to the non-profit Climate

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here