Shades of grey in the burgeoning green bond market in Asia
Observers highlight need to be more consistent in defining what a green bond is at the onset
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Singapore
IF not developed right, the nascent green bond market in Asia might have its own fifty shades of grey.
To be clear, the market is far from risque, but observers have asked if the market needs to be more consistent in defining what a green bond is at the onset, for fear that "greenwashing" will kill this alternative asset class emerging from this part of the world.
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