Asia’s green investors and issuers lag global counterparts
Alternatives to green bonds and loans needed to boost Asian green finance; engaging retail investors will be key.
Green Asia – not yet in bloom
While globally 47.6% of issuers and 61.4% of investors have an ESG strategy, in Asia, the equivalent figures are 15% and 21%, according to the report. Southeast Asia is even further behind China, say market participants, but this is slowly changing.
Mikkel Larsen, DBS
“The G, and to some extent the S, have been of greater focus in SE Asia when it comes to ESG, but there is now a greater appreciation of the environmental component,” explains Mikkel Larsen, chief sustainability officer at DBS.