Download or read book Sustainable Finance in Emerging Markets: Evolution, Challenges, and Policy Priorities written by Rohit Goel and published by International Monetary Fund. This book was released on 2022-09-09 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable finance has become a key focus area for global investors and policy makers. Last year proved to be a breakout year for emerging markets (EMs), with sustainable debt issuance in 2021 surging to almost $200 billion. This working paper, the first comprehensive study in the literature, analyzes the evoluiton of EM sustainable finance markets, including differences with advanced economies. The analysis shows how sustainable finance in EMs is growing fast not just in aggregate but importantly across many dimensions. The paper also identifies key development areas for EMs and policies to strengthen the resilience of sustainable finance markets.