The World's $5 Trillion Pile of ESG Debt Is Set to Keep Rising.

(Bloomberg) -- The world's pile of socially conscious debt ballooned to a record $5.1 trillion in the first quarter - a sum the Institute of International Finance expects will keep on rising. Governments and companies are ramping up borrowing tied to environmental, social and governance goals, helping the universe of ESG debt expand from $3.8 trillion a year earlier, according to data from the IIF. [Extracted from the article]