The Climate Bonds Initiative is seeking comments on draft requirements for allowing steel-sector bonds to obtain certification under its Climate Bonds Standard.

High U.S. green bond growth this year is in part from a “vastly increased investor appetite for ESG-labeled securities,” Paul O’Connor of J.P. Morgan said.

Fannie Mae issued $94 billion in green bonds in 2011-2021, accounting for about one-third of the $275 billion in GSS debt U.S. entities issued for that period.