Social Bonds: the Social Bond Market -towards a New Asset Class?

Case Study
Innovative Finance / Blended Finance
Mathilde PELLIZZARI, Jean-Michel LECUYER
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This paper investigates whether the social bond market is evolving into a distinct new asset class. It examines the growth, characteristics, and regulatory landscape surrounding social bonds, particularly their role for public sector entities and in shaping investor practices. The report analyses the potential for social bonds to attract greater investment and contribute to sustainable development, assessing the market's maturity and its future as a recognizable investment category.

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