Yuanta Securities (Cambodia) acted as the lead manager and underwriter for a transaction with three tranches worth a total of $49m; the proceeds will finance a 60MWac solar photovoltaic (PV) plant with an integrated battery energy storage system.
Reporting tokens will help with digital and tokenised green bonds, hopefully increasing investor confidence in the space. MAS, the NUS, UOB and Northern Trust’s Matrix Zenith are involved.
Constance Chalchat, chief sustainability officer, global markets at BNP Paribas, shares her views on how Apac's governments and corporates are adapting to the green transition challenge.
The Voluntary Code of Conduct Working Group (VCWG), sponsored by the SFC, will work with the Secretariat at the International Capital Market Association.
A Greenpeace study on 2021-issued government municipal bonds in China reveals a large number of projects with green potential. But local governments face challenges and are unwilling to issue green products.
The regional leader in green bonds will keep looking at labelling and internationally aligned standards, such as the common ground taxonomy with the EU, experts discussed at ICMA's inaugural summit. Meanwhile transition finance taxonomies are being rolled out in Chinese provinces.
Interest in transition finance is growing, however, despite some countries, including Japan, taking a lead, such vehicles face many challenges, such as low comparability and tech uncertainty.