The North America Green Bonds Market would witness market growth of 9.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Green Bonds Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $185,664.9 million by 2031. The Canada market is experiencing a CAGR of 11.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.8% during (2024 - 2031).

These bonds are fixed-income financial securities designed specifically to raise money for environmentally beneficial projects. These bonds function like traditional bonds, where an issuer—typically a government, corporation, or financial institution—raises funds from investors with a commitment to repay the principal amount along with interest over a specified period.
These bonds provide a transparent and structured way for investors to support sustainability while earning financial returns. To ensure credibility, issuers often adhere to internationally recognized standards, such as the Green Bond Principles (GBP) established by the International Capital Market Association (ICMA) or the Climate Bonds Standard (CBS) set by the Climate Bonds Initiative (CBI).
North America’s green bonds market continues to expand, fueled by strong policy support, investor interest, and climate action commitments. The United States has emerged as one of the largest issuers of these bonds, with substantial investments directed toward renewable energy projects. In Canada, these bonds are widely utilized to finance sustainable infrastructure and green building projects, aligning with the country’s goal of achieving net-zero emissions by 2050. The Canada Green Bond Program, launched in 2022 by the Government of Canada, has successfully raised billions to fund energy-efficient commercial buildings, retrofitting programs, and sustainable housing developments. Mexico has been utilizing these bonds to finance water conservation and climate adaptation projects in response to the substantial challenges it is encountering due to water scarcity and climate-induced droughts. The Mexico City Green Bond Program, introduced in 2016, has played a critical role in financing sustainable water management systems, flood control infrastructure, and wastewater treatment facilities. Hence, with ongoing policy advancements, technological innovations, and increasing market participation, North America is set to remain a key player in the global green bond landscape.
Free Valuable Insights: The Green Bonds Market is Predict to reach USD 1086.47 Billion by 2031, at a CAGR of 9.6%
Based on Issuer, the market is segmented into Corporates, Financial Institutes, Sovereigns, Development Bank, Government Agencies, and Municipals. Based on Investor Type, the market is segmented into Insurance & Pension Funds, Banks & Bank Treasuries, Fund Manager, Central Banks & Official Institutions, and Hedge Funds & Others. Based on Application, the market is segmented into Energy, Building, Transport, Water, Waste, Land, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Deutsche Bank AG
- Morgan Stanley & Co. LLC
- JPMorgan Chase & Co.
- Equinix, Inc.
- Engie SA
- Citigroup Inc.
- Abu Dhabi Future Energy Company
- HSBC Holdings plc
- The Bank of America Corporation
- Barclays PLC
North America Green Bonds Market Report Segmentation
By Issuer
- Corporates
- Financial Institutes
- Sovereigns
- Development Bank
- Government Agencies
- Municipals
By Investor Type
- Insurance & Pension Funds
- Banks & Bank Treasuries
- Fund Manager
- Central Banks & Official Institutions
- Hedge Funds & Others
By Application
- Energy
- Building
- Transport
- Water
- Waste
- Land
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Green Bonds Market, 2020 - 2023, USD Million
TABLE 2 North America Green Bonds Market, 2024 - 2031, USD Million
TABLE 3 North America Green Bonds Market by Issuer, 2020 - 2023, USD Million
TABLE 4 North America Green Bonds Market by Issuer, 2024 - 2031, USD Million
TABLE 5 North America Corporates Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Corporates Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Financial Institutes Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Financial Institutes Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Sovereigns Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Sovereigns Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Development Bank Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Development Bank Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Government Agencies Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Government Agencies Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Municipals Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Municipals Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Green Bonds Market by Investor Type, 2020 - 2023, USD Million
TABLE 18 North America Green Bonds Market by Investor Type, 2024 - 2031, USD Million
TABLE 19 North America Insurance & Pension Funds Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Insurance & Pension Funds Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Banks & Bank Treasuries Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Banks & Bank Treasuries Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Fund Manager Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Fund Manager Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Central Banks & Official Institutions Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Central Banks & Official Institutions Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Hedge Funds & Others Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Hedge Funds & Others Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Green Bonds Market by Application, 2020 - 2023, USD Million
TABLE 30 North America Green Bonds Market by Application, 2024 - 2031, USD Million
TABLE 31 North America Energy Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Energy Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Building Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Building Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Transport Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Transport Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Water Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Water Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Waste Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Waste Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Land Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Land Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 45 North America Green Bonds Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Green Bonds Market by Country, 2024 - 2031, USD Million
TABLE 47 US Green Bonds Market, 2020 - 2023, USD Million
TABLE 48 US Green Bonds Market, 2024 - 2031, USD Million
TABLE 49 US Green Bonds Market by Issuer, 2020 - 2023, USD Million
TABLE 50 US Green Bonds Market by Issuer, 2024 - 2031, USD Million
TABLE 51 US Green Bonds Market by Investor Type, 2020 - 2023, USD Million
TABLE 52 US Green Bonds Market by Investor Type, 2024 - 2031, USD Million
TABLE 53 US Green Bonds Market by Application, 2020 - 2023, USD Million
TABLE 54 US Green Bonds Market by Application, 2024 - 2031, USD Million
TABLE 55 Canada Green Bonds Market, 2020 - 2023, USD Million
TABLE 56 Canada Green Bonds Market, 2024 - 2031, USD Million
TABLE 57 Canada Green Bonds Market by Issuer, 2020 - 2023, USD Million
TABLE 58 Canada Green Bonds Market by Issuer, 2024 - 2031, USD Million
TABLE 59 Canada Green Bonds Market by Investor Type, 2020 - 2023, USD Million
TABLE 60 Canada Green Bonds Market by Investor Type, 2024 - 2031, USD Million
TABLE 61 Canada Green Bonds Market by Application, 2020 - 2023, USD Million
TABLE 62 Canada Green Bonds Market by Application, 2024 - 2031, USD Million
TABLE 63 Mexico Green Bonds Market, 2020 - 2023, USD Million
TABLE 64 Mexico Green Bonds Market, 2024 - 2031, USD Million
TABLE 65 Mexico Green Bonds Market by Issuer, 2020 - 2023, USD Million
TABLE 66 Mexico Green Bonds Market by Issuer, 2024 - 2031, USD Million
TABLE 67 Mexico Green Bonds Market by Investor Type, 2020 - 2023, USD Million
TABLE 68 Mexico Green Bonds Market by Investor Type, 2024 - 2031, USD Million
TABLE 69 Mexico Green Bonds Market by Application, 2020 - 2023, USD Million
TABLE 70 Mexico Green Bonds Market by Application, 2024 - 2031, USD Million
TABLE 71 Rest of North America Green Bonds Market, 2020 - 2023, USD Million
TABLE 72 Rest of North America Green Bonds Market, 2024 - 2031, USD Million
TABLE 73 Rest of North America Green Bonds Market by Issuer, 2020 - 2023, USD Million
TABLE 74 Rest of North America Green Bonds Market by Issuer, 2024 - 2031, USD Million
TABLE 75 Rest of North America Green Bonds Market by Investor Type, 2020 - 2023, USD Million
TABLE 76 Rest of North America Green Bonds Market by Investor Type, 2024 - 2031, USD Million
TABLE 77 Rest of North America Green Bonds Market by Application, 2020 - 2023, USD Million
TABLE 78 Rest of North America Green Bonds Market by Application, 2024 - 2031, USD Million
TABLE 79 key information – Deutsche Bank AG
TABLE 80 Key Information – Morgan Stanley & Co. LLC
TABLE 81 key information – JPMorgan Chase & Co.
TABLE 82 key information – Equinix, Inc.
TABLE 83 Key Information – Engie SA
TABLE 84 Key Information – Citigroup Inc.
TABLE 85 Key Information – Abu Dhabi Future Energy Company
TABLE 86 Key Information – HSBC Holdings plc
TABLE 87 Key Information – The Bank of America Corporation
TABLE 88 Key Information – Barclays PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Green Bonds Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Green Bonds Market
FIG 4 Porter’s Five Forces Analysis – Green Bonds Market
FIG 5 North America Green Bonds Market share by Issuer, 2023
FIG 6 North America Green Bonds Market share by Issuer, 2031
FIG 7 North America Green Bonds Market by Issuer, 2020 - 2031, USD Million
FIG 8 North America Green Bonds Market share by Investor Type, 2023
FIG 9 North America Green Bonds Market share by Investor Type, 2031
FIG 10 North America Green Bonds Market by Investor Type, 2020 - 2031, USD Million
FIG 11 North America Green Bonds Market share by Application, 2023
FIG 12 North America Green Bonds Market share by Application, 2031
FIG 13 North America Green Bonds Market by Application, 2020 - 2031, USD Million
FIG 14 North America Green Bonds Market share by Country, 2023
FIG 15 North America Green Bonds Market share by Country, 2031
FIG 16 North America Green Bonds Market by Country, 2020 - 2031, USD Million
FIG 17 Swot Analysis: JPMorgan Chase & Co.
FIG 18 SWOT Analysis: EQUINIX, INC.
FIG 19 SWOT Analysis: Barclays PLC