This eighth edition of the "Climate Investment Opportunities: Climate-Aligned Bonds & Issuers" report provides a comprehensive analysis of the global unlabelled climate-aligned bond market, which consists of investment opportunities that extend beyond the thematic bond market. It also presents an overview of global climate-aligned bonds - bonds that are not explicitly labelled as green or any other thematic label by the issuer, but that finance climate-related activities or projects.
China is analysed separately as it is the source of considerable climate-aligned issuance. Spotlight sections on low-carbon transport, green hydrogen and real estate companies are also included. The latter is based on a proprietary framework developed by Climate Bonds, which identifies the top performing property companies from a disclosure and transparency perspective.
Climate Bonds is also launching a climate-aligned dataset that contains detailed information at the bond level. Together, the report and dataset aim to help investors and other stakeholders understand and discover additional opportunities for climate-aligned investments that are not as visible as labelled green bonds.