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South-east Asia’s ESG bond proceeds rise for third straight quarter

In contrast, ESG loans only increase marginally, rising 3.9 per cent to US$5.9 billion from US$5.7 billion over the same period

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Janice Lim

Janice Lim

Published Mon, Aug 5, 2024 · 05:00 AM
    • South-east Asia outperformed the global ESG bonds market, which saw proceeds decline 17.3 per cent to US$184.9 billion, from US$216.9 billion a year ago.
    • South-east Asia outperformed the global ESG bonds market, which saw proceeds decline 17.3 per cent to US$184.9 billion, from US$216.9 billion a year ago. PHOTO: BT FILE

    PROCEEDS raised from environmental, social and governance (ESG) bonds in South-east Asia amounted to US$5.6 billion for the second quarter of 2024, rising 52.8 per cent from US$3.7 billion in the same quarter a year ago.

    This marks the third straight quarter of year-on-year increases for ESG bonds in the region, after a tepid showing in 2023, according to data compiled by LSEG.

    In contrast, ESG loans only increased marginally, rising 3.9 per cent to US$5.9 billion from US$5.7 billion over the same period.

    sustainable financeESGAsean Businessgreen bondsSocial bondsSustainability-linked bonds

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