Sustainable finance proves resilient at USD 852bln YTD; ING sees strong momentum in the Philippines

Manila, Philippines – ING, a global leader in sustainable finance, has released its latest Sustainable Finance Pulse (Issue 7, 2025), highlighting continued momentum in global issuance amid shifting policy landscapes and geopolitical uncertainty. Year-to-date global sustainable finance issuance totalled USD 852 billion—slightly below H1 2024’s USD 909 billion, but broadly consistent with 2023 and 2022 levels. Q2 alone saw USD 432 billion in issuance, surpassing second-quarter figures from the previous two years.
Regional trends diverged sharply. The US saw a contraction in issuance due to reduced sustainability policy support, while the EU shifted focus towards competitiveness. ESG policy development slowed across several jurisdictions. In contrast, Asia-Pacific (APAC) is on track for a record-breaking year, driven by strong activity from corporates and financial institutions.
Subscribe to continue reading
Subscribe to get access to the rest of this post and other subscriber-only content.
