Climate Bonds Initiative works to mobilise global capital for climate action, promoting investment in projects and assets necessary for a rapid transition to a low carbon and climate resilient economy. The strategy is to develop a large and liquid Green and Climate Bonds Market that drives down the cost of capital for climate projects in developed and emerging markets; provide clear guidance on what is a green and resilient investment; and to support governments in accessing and enabling sustainable finance flows. The green bond market has quickly expanded to pass USD2tn by the end of Q3 2022. However, to make a substantive contribution to addressing the stark risks of climate change we need to see at least USD5tn a year of annual issuance from 2025. We have adequate global capital available, and the rapid market growth to date has demonstrated the appetite for capital to move. Climate Bonds sees five collective actions to reach the annual USD5tn per annum. We need to expand, step-up, implement and move rapidly on the points listed in this manifesto. As such, Climate Bonds has developed the 101 Sustainable Finance Policies for 1.5°C.  Through our Transition Finance for Transforming Companies we present the Five Hallmarks of Credibly Transitioning Companies. These address both the ambition of companies' decarbonisation targets and their ability to meet these targets. Our recently published Sustainable Debt Market Summary Q3 2022 also includes a spotlight on the Middle East and African markets. Additionally, we have developed transition tools for companies, including Transition Finance for Transforming Companies which outlines our hallmarks for a credible transition, Accelerating the Fossil Gas Transition to Net Zero, and A Green Future for Steel.