ASEAN governments rush to issue green bonds

From Thailand to Singapore, sustainable financing up in the face of climate change

In Thailand, issuances from companies such as food producer Thai Union and Skytrain operator BTS have surged from 2018 to 2021. © AP

DYLAN LOH and FRANCESCA REGALADO, Nikkei staff writers

July 4, 2022 12:54 JST

SINGAPORE/BANGKOK -- Southeast Asian nations are aiming to increase green financing as the region, dotted with flood-prone low-lying areas vulnerable to weather disruptions and rising sea levels, grapples with the threat of climate change.

Some of the 10 members of the Association of Southeast Asian Nations have been issuing green bonds to fund eco-friendly projects, in hopes of realizing plans that can safeguard their environment.