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Capital Flows, Sector Focus, Transport

Carmakers to fund decarbonisation with sustainable debt, says Moody’s

By Alex Janiaud

April 20, 2023
Toyota’s bz FlexSpace Concept car at the 20th Shanghai International Automobile Industry Exhibition 2023. The Japanese carmaker leads in sustainable bond issuance (Photo: Hector Retamal/AFP via Getty Images)

After a drop in issuance last year, the green bond market could receive a boost in 2023 as carmakers seek to fund their net zero plans. The automotive sector will make greater use of sustainable debt markets to finance net zero goals and green assets, according to estimates by rating ...

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