Promoting Green Local Currency Bonds for Infrastructure Development in ASEAN+3
Asian Development Bank | April 2018
The Asian Development Bank and the Association of Southeast Asian Nations and the People’s Republic of China, Japan, and the Republic of Korea (ASEAN+3) are looking to explore options to promote green local currency-denominated bonds to meet the region’s infrastructure development needs. Green bonds—supported within the ASEAN+3 framework—would help meet the long-term financing of the region especially in its transition to a low-carbon region. This publication highlights an assessment study of green bond markets in ASEAN+3, identifies the barriers to green bond market development, and proposes recommendations to scale up green bond markets for infrastructure development in ASEAN+3.
CitationAsian Development Bank. 2018. Promoting Green Local Currency Bonds for Infrastructure Development in ASEAN+3. © Asian Development Bank. http://hdl.handle.net/11540/8365. License: CC BY 3.0 IGO.
Asian Development Bank
Regional Economic Integration
Financial Sector Policies
Financial Risk Management
Regional Development Bank
Local government bonds
Multilateral development banksShow allCollapse