Last year was somewhat dismal for green bonds. Losses in sustainable assets and the underperformance of the longer end of the yield curve conspired to make 2022 a “double whammy” year for the asset class.
Yet amid the gloom, they harbour one important advantage: green bond ETFs are one of the few to have escaped the sweeping downgrades from SFDR Article 9 to Article 8 as issuers grappled with January’s updates to the European Sustainable Finance Disclosure Regulation (SFDR)...
This article first appeared in ETF Stream's recent ESG Unlocked report. To read the full article, click here.
