BIX ARTICLE

ASEAN Green Finance State of the Market 2019


Featured Posts

SRI Sukuk: The Journey Towards Sustainable and Responsible Investment

Jul 23, 2020

|

5 min read

Securities Commission's Capital Market Masterplan 3 (CMP3)

Sep 21, 2021

|

2 min read

What If We Allowed Retail Investors to Directly Invest in Malaysia’s Government Bond?

Aug 24, 2021

|

8 min read

Islamic Bonds Come Under Microscope After Garuda Indonesia Default

Aug 19, 2021

|

8 min read

ASEAN-Green-Finance-State-of-the-Market-2018.PNG
ASEAN Green Finance State of the Market 2019 report is an analysis of the issuance of green bonds and green loans in Southeast Asia. Following Climate Bonds Initiative’s (CBI) first ASEAN Green Finance State of the Market 2018, this 2019 report reviews the progress made across the regional green finance landscape and emerging opportunities for more green bonds, loans and sukuk amongst ASEAN nations.

Key highlights

Globally, the volume of green bond and loan issuance rose sharply by over 50%, from USD171bn in 2018 to USD258bn in 2019, buoyed by strong interest from both investors and issuers.
  • ASEAN issuance almost doubled, reaching USD7.8bn in 2019 from USD4.1bn in 2018, supported by new regulations and guidelines. Two-thirds of the proceeds are allocated to the Buildings and Energy sectors.
  • ASEAN issuance represented 3% of the global total and 12% of the Asia-Pacific region in 2019, up from 1% and 5% in 2018[1], respectively.
  • Cumulative ASEAN issuance since 2016 stands at USD13.4bn as of December 31st 2019.
  • 2019 saw the rise of Singapore as a regional leader, contributing to 55% of the ASEAN green debt issuance in 2019, up from 29% in 2018.
The report also focuses on policy developments amongst Southeast Asian nations relating to green debt issuance, including the ASEAN+3 Bond Market Forum and ASEAN Bond Market Initiative.

Efforts by Singapore and Malaysia to grow their presence as sustainable and green finance hubs are noted, as is the potential for MDBs and DFI's to play an increasing role in supporting initial issuances and building global pension fund engagement in green infrastructure and transition investment.


Read Full Report: ASEAN Green Finance State of the Market 2019

Source: Climate Bonds Initiative

 
Disclaimer
The information provided in this report is of a general nature and has been prepared for information purposes only. It is not intended to constitute research or as advice for any investor. The information in this report is not and should not be construed or considered as an offer, recommendation or solicitation for investments. Investors are advised to make their own independent evaluation of the information contained in this report, consider their own individual investment objectives, financial situation and particular needs and should seek appropriate personalised financial advice from a qualified professional to suit individual circumstances and risk profile.
The information contained in this report is prepared from data believed to be correct and reliable at the time of issuance of this report. While every effort is made to ensure the information is up-to-date and correct, Bond and Sukuk Information Platform Sdn Bhd (“the Company”) does not make any guarantee, representation or warranty, express or implied, as to the adequacy, accuracy, completeness, reliability or fairness of any such information contained in this report and accordingly, neither the Company nor any of its affiliates nor its related persons shall not be liable in any manner whatsoever for any consequences (including but not limited to any direct, indirect or consequential losses, loss of profits and damages) of any reliance thereon or usage thereof.