“The sustainable debt market is expanding beyond traditional green bonds into sustainability‑linked bonds and transition bonds, widening financing options for a broader range of sectors and activities.”

[COMMENTARY] I expected that as the green bond market matures, offerings would become more differentiated. This analysis captures that trend and its implications for investors.
Supporting decarbonisation: Why transition and sustainability-linked bonds can and should co-exist, by Jamison Friedland, August 19, 2026, BNP Paribas.