The viability of green bonds as a financing mechanism for green buildings in ASEAN

Arbeitspapier

As the growth of energy demand outstrips that of energy supply in Southeast Asia, it becomes imperative for ASEAN member states to seek energy efficiency improvements for sustained energy security. While green buildings have an overall low penetration rate in ASEAN, when compared to the rest of the world, a relatively large proportion of green bond proceeds in ASEAN have been channeled to financing green buildings. Green bonds hold vast potential as a financing mechanism, and the importance of green bonds as a funding source for green buildings in ASEAN is projected to increase in the future. ASEAN governments can encourage the use of this source of finance to address underinvestment in green buildings through providing information on raising funds through green bonds, endorsing investment in green buildings through codifying green building standards, and promoting local currency bond financing through domestic investors.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ADBI Working Paper Series ; No. 1186

Classification and Topics

• Classification: Wirtschaft ; Renewable Resources and Conservation: Government Policy ; Alternative Energy Sources ; Energy and the Macroeconomy ; Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
• Subject: green buildings ; green bonds ; energy efficiency ; ASEAN ; green sukuk ; ICMA green bond principles ; ASEAN green bond standards ; sustainable finance

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kapoor, Anant ; Teo, En-Qi ; Azhgaliyeva, Dina ; Liu, Yang
• Event: Veröffentlichung
• (who): Asian Development Bank Institute (ADBI)
• (where): Tokyo
• (when): 2020

Further information

• Handle: http://hdl.handle.net/10419/238543
• Last update: 10.03.2025, 11:43 AM CET