Global issuance of sustainable bonds – green, social and sustainability bonds – was a record $231bn in the first quarter of this year, more than three times higher than the same quarter last year according to a report from Moody's Investors Service. Moody's forecast that the combined green, social and sustainability bond market is on pace to surpass its previous forecast of $650bn for all of this year. Matthew Kuchtyak, AVP-Analyst, Moody's.