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Solar panels on a public housing block in Singapore: Investments in energy efficiency and renewable energy are expected to spur green bond issuance.   © Reuters
Market Spotlight

Green bonds grow on Asia's investors

'Net zero' carbon targets for China, South Korea and Japan set to spur issuance

AKANE OKUTSU and NARAYANAN SOMASUNDARAM, Nikkei staff writers | China

TOKYO/ HONG KONG -- Asian "green bond" issuance is surging as countries in the region roll out stiffer targets to curb climate change -- and investors are keen for more.

Some of the region's most important financial centers, including China and Hong Kong, are spurring the trend with new guidelines on green investing for money managers.

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