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
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.
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