Asia’s green bond market has grown exponentially in recent years, accounting for an increasingly large share of global public debt issuance. According to a report published in March by the International Capital Markets Association ICMA, green and sustainable bond issuance in the region has expanded five-fold over the course of the past five years, totalling $80 billion in 2022.
This trend has given rise to high levels of scrutiny among investors, as they aim to ensure investment in genuinely green instruments and to mitigate potential for greenwashing.
During a panel discussion at FinanceAsia’s Sustainable Finance Asia Forum in Hong Kong on Tuesday, April 18,...