Asean green bond and loan issuance doubles to US$7.8b in 2019: report
Singapore is regional leader, with a 55 per cent share of the Asean green debt issuance last year
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
THE volume of green bonds and loans issued in Asean almost doubled between 2018 and 2019, in tandem with global trends, according to a report by Climate Bonds Initiative (CBI).
Asean issuance grew to US$7.8 billion in 2019, up from US$4.1 billion in 2018, thanks to new regulations and guidelines, said CBI, which is supported by HSBC, in its Asean Green Finance State of the Market 2019 report.
Globally, green bond and loan issuance surged by more than 50 per cent over the same period, from US$171 billion in 2018 to US$258 billion in 2019, CBI said.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
