Promoting Green Local Currency Bonds for Infrastructure Development in ASEAN+3

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  • Promoting Green Local Currency Bonds for Infrastructure Development in ASEAN+3 Book Detail

  • Author : Asian Development Bank
  • Release Date : 2018-04-01
  • Publisher : Asian Development Bank
  • Genre : Business & Economics
  • Pages : 231
  • ISBN 13 : 9292611135
  • File Size : 57,57 MB

Promoting Green Local Currency Bonds for Infrastructure Development in ASEAN+3 by Asian Development Bank PDF Summary

Book Description: 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.

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First, the book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure invest