The World Bank (IBRD) set the benchmark for sustainable issuance in 2025, combining global scale with continuous innovation across ESG capital markets. With USD64bn raised across 18 currencies under its Sustainable Development Bond framework, alongside record-setting benchmark transactions in USD, EUR and HKD, the bank demonstrated exceptional execution and liquidity. The expansion of its outcome bond programme, linking investor returns directly to verified development results, together with leadership in AI-driven impact reporting and transparency, underlines a franchise that continues to shape the evolution of sustainable finance. For these reasons, supported by strong market feedback, the World Bank is a deserving winner of the 2025 Best Sustainable Issuer Award. Full reasoning can be found in the official Award Statement.