Did ESG finance cross a significant threshold in September? A look at the numbers suggests that it did. ESG "labelled" bond issuance in September was US$86.3bn, according to Refinitiv data. Such bonds made up 7.8% of the US$1.1trn of global bonds issued during the month, more than double the 3.5% average in the past 12 months and far beyond the previous high of 4.6% in July.
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