Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asia-Pacific ESG cross-border bonds issuance crosses $50bn mark in 1H 2021

Tuesday, September 07, 2021

Laxman Pai, Opalesque Asia:

With the market witnessing robust growth in volumes, products, and issuer types in 2021, sustainable capital markets are becoming mainstream in Asia-Pacific, said a study.

In the first half of 2021, the total issuance of cross-border bonds with an ESG label - i.e. green, social, sustainability, or sustainability-linked bonds - was over USD 50 billion. Compare that to the issuance volume in all of 2020, which was approximately USD 33 billion, said the report by Barclays.

According to Atul Jhavar, Asia-Pacific Head of Sustainable Capital Markets at Barclays, this trend reflects the growing importance of ESG investing in Asia-Pacific.

Governments across Asia-Pacific have rolled out green measures over the past 12 months, including environmental commitments and stimulus programs, which will drive further ESG debt issuance from the region.

These government commitments will ultimately direct many sectors across the economy towards achieving net-zero goals. Doing so will require multiple sources of financing and should be a major contributing factor to the growth of the ESG bond market in the region.

Addressing the energy mix in industry, buildings, and transportation is the major component of going green, but other activities such as agriculture and cement or aluminum manufacturing also have very material carbon footprints.

More recently, a new type of product has captured the market's interest: sustainability-linked bonds (SLBs......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1