10 years of Green Bonds, Asia now leads
Over 10 years since the launch of the first green bond, more than US$116.9 billion have been issued globally with Asia one of the leading regions driving growth.
Within the region, sovereign issuance has grown, regulations and guidelines are drawn and new finanical incentives are being introduced to lower hurldes for new issuers entering the market.
According to Climate Bonds Initiative, China tops country rankings in bond issuance. Moreover, diversity is increasing. Green bonds are being issued using various structures.