Despite stagnating global bond issuance, we anticipate that Green, social, sustainable, and sustainability-linked bond ("GSSSB") issuance should be in line with our forecast of $900 billion to $1 trillion, or 14% to 16% of total issuance, in 2023. We anticipate issuance of sustainability-linked bonds will decline in 2023 as questions regarding the credibility of targets persist, while green bonds will continue to dominate the GSSSB market, building on a record level of issuance in the first half of the year. Europe will remain the leading region for GSSSBs, while North American issuance may be hampered by lower supply and demand for the remainder of the year. Emerging markets may see increased issuance in the coming year.