Analysis

Global markets increasingly issuing green and social bonds
OBG
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In 2022 significant political efforts propelled the energy transition, leading to a record-breaking year in green finance. Governments, international institutions and lenders actively backed the shift to renewables. In tandem, projections indicated that renewable energy capacity would reach a record 440 GW in 2023. Notably, green bond issuance reached $351bn in the first half of the year. This marks…

Analysis

Financial technology players expanding in emerging markets
OBG
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Financial technology (fintech) firms are gaining market share that was formerly the preserve of established remittance service providers. Remittances have grown in importance in recent decades and now constitute the largest source of foreign income for many developing economies. They also tend to be countercyclical, increasing during economic downturns or natural disasters when other capital flows…