FinanceAsia’s Post

From green bonds to transition finance, Asian markets are experiencing a surge in sustainable financing, according to BNP Paribas. Green bonds, in particular, are gaining momentum, according to BNP Paribas. This paves the way for Asia to become the world’s second-largest issuer, set to account for 20% of the global supply in 2024. “It is very encouraging to see asset managers take a science-based approach towards sustainable financing instruments, as well as the willingness of issuers to realise their ESG commitments via financing activities that support their action plans,” says Chaoni Huang, Head of Sustainable Capital Markets, Global Markets APAC at BNP Paribas. SHALEN SHIVPURI Nigel Standley Clarise Goh Allan Tan Perry Zhao CXOCIETY #sustainability #sustainablefinance #decarbonisation #esg #infrastructure #cfos #cfocommunity #finance Follow FutureCFO for more. https://lnkd.in/gkxxA6zy

Mobilising Finance for Net Zero Energy Systems 💰 ⚡ With the International Investor Summit taking place this week, King's College London released a timely report last month highlighting key strategies to scale up climate finance and accelerate the net-zero transition. Authored by David Aikman and Raúl C. Rosales, PhD, the report identifies three significant, yet often overlooked, approaches:   1️⃣ Governments should collaborate with emerging partnerships between banks and other financial institutions to enhance their lending capabilities. 2️⃣  Multilateral Development Banks need to leverage their balance sheets more effectively to draw in private sector funding through blended finance initiatives. 3️⃣  Regulators should work towards developing global carbon markets, emphasising the integration of national emissions trading systems and fostering trust in voluntary markets. There is an urgent need to enhance market depth and liquidity – ambitions that require greater cross-border collaboration, as per the emphasis these issues will receive in Baku for #COP29.   Banks have an enormous role to play in financing the transition. The authors suggest that a £1 billion government investment in the junior tranche of a loan pool dedicated to decarbonisation projects could unlock approximately £8.5 billion in additional lending capacity from banks. In the UK, the newly established National Wealth Fund could serve a dual role as both guarantor and facilitator, coordinating private sector financing for net-zero technologies and projects.   This research highlights how we can harness untapped potential in finance to ensure a just and sustainable future. Let's focus on building these overlooked opportunities into the framework for a net-zero future.   Read the full report - https://lnkd.in/e-rWHZQp

I recommend this article. It is concise and includes many relevant aspects to consider for a successful #sustainability #strategy. The move towards a #sustainable economy opens doors for #financial #institutions to enhance societal #wellbeing through innovative capital flows and #financing. The #LAC region holds significant promise. #Brazil, #Chile, #Colombia, and #Mexico have already taken concrete steps to strengthen regulatory requirements around corporate disclosure, sustainable banking, and climate-risk management. This demonstrates proactive efforts by these countries to address environmental and sustainability issues.   https://lnkd.in/gGJ4riKw

Bonds that provide financing for ocean-friendly and clean water projects are a nascent area of the sustainable bonds market. Associate Portfolio Manager Willem Visser and Head of ESG Fixed Income Tongai Kunorubwe explore how investing in blue bonds could help drive economic growth in emerging markets while advancing sustainable development goals. #bonds #sustainability #BlueFinance #Investing

Banks, by leveraging their financial expertise, influence, and resources, can hasten the adoption of ESG standards and contribute to a more sustainable and inclusive economy.

EIB’s New EUR 5 Billion Climate Bond Pushes Green Funding Beyond EUR 100 Billion The European Investment Bank (EIB) has issued a new EUR 5 billion Climate Awareness Euro Area Reference Note (EARN), a 10-year bond with a 2.625% annual coupon due on September 4, 2034, priced at 98.937%. The bond was over seven times oversubscribed, receiving more than EUR 34.5 billion in orders from over 280 investors. This issuance brings the EIB’s total Climate and Sustainability Awareness Bonds to over EUR 100 billion. EIB President Nadia Calviño highlighted the milestone as a symbol of the sustainable bond market's growth since the EIB pioneered it in 2007. As the largest issuer of green and sustainability bonds among multilateral development banks, the EIB continues to lead in sustainable finance, aligning its bonds with the EU Taxonomy since 2018. This latest bond issuance underscores the EIB’s role in promoting sustainable economic development and the potential of green bonds in supporting a sustainable economy. #SustainableFinance #GreenBonds #EIB #ClimateAction #Sustainability #SustainableInvestment #EUFinance #GreenEconomy #SustainableDevelopment #ClimateAwareness https://lnkd.in/drmA4hew

Ms. Michele W. , CEO of Standard Chartered Bank Vietnam, tells VET about how the bank promotes sustainable development and the application of ESG at businesses in Vietnam. Please read our article here: https://lnkd.in/gYUEiPw5

Cathay United Bank leads decarbonisation efforts in Asia Pacific Read the full article: https://bit.ly/4ei7Pee Cathay United Bank (CUB) is at the forefront of advancing low-carbon initiatives across the Asia-Pacific region. The bank committed to aligning its sustainability strategies with international standards, extending its efforts to key overseas markets. Michael WEN, executive vice president of CUB, stated: “As a member of the Coalition of Movers and Shakers on Sustainable Finance, Cathay United Bank aims to be the leading brand in green finance. Beyond our sustainability projects in Taiwan, we focused on aligning with international markets and guiding Asia-Pacific corporations in their net-zero transition.” The Coalition of Movers and Shakers on Sustainable Finance was established in 2022 by leading Taiwanese banks under the supervision of the Financial Supervisory Commission. Coalition members have pledged to take active measures in green procurement, funding and engagement, information disclosure, assistance and promotion, and international collaboration to accelerate national and industrial net-zero transformation. Cathay Financial Holdings Co., Ltd., Asian Development Bank (ADB), Villar Group Inc., Apeiron Bioenergy TAB Global #SustainableFinance #GreenInitiatives #NetZero #CathayUnitedBank #CoalitionOfMoversAndShakers #FinancialSupervisoryCommission #RE100 #AsianDevelopmentBank #EquatorPrinciples #CarbonNeutrality #ClimateAction #RenewableEnergy #Biofuel #Decarbonisation #AsiaPacificFinance #TheAsianBanker #TABGlobal

Sustainable bond issuance hit new heights in the first quarter, buoyed by government bonds and transition bonds from Japan. Impact bonds, which include green, social, sustainability, and sustainability-linked bonds, saw a stronger performance in the first quarter, totaling $328 billion, a 7.5% increase from the same period last year. Read more analysis from Bloomberg's Jonathan Gardiner in Funds Europe: https://bloom.bg/4d2zwH0 #SustainableBonds #Sustainability