2019年年度东盟绿色金融市场状况报告 - 气候债券倡议&汇丰银行（英文版）（18页）.pdf

1、ASEAN State of the Market 2019 Climate Bonds Initiative 1 Prepared by the Climate Bonds InitiativeSupported by HSBCWith a feature by the Asian Development Bank ASEAN Green Finance State of the Market 2019 Sovereign green bond Worlds first green sukuk Certified Climate Bond Vietnam, USD27m Thailand,

2、USD947m Philippines, USD2.02bn Malaysia, USD1.34bn Singapore, USD6.20bn Indonesia, USD2.88bn Data as of 31 December 2019 ASEAN State of the Market 2019 Climate Bonds Initiative 2 ASEAN cumulative issuance: USD13.4bn Singapore leading (mostly through green loans), followed by Indonesia. The main sect

3、ors are Buildings and Energy, the two sectors with the highest growth prospects. Contents 2 Introduction 3 ASEAN green finance market 8 Wider labelled bond market in ASEAN 9 ASEAN+3 Asian Bond Markets Initiative 10 Country overviews 17 Conclusions The Association of Southeast Asian Nations (ASEAN) c

4、omprises ten countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Understanding green finance Green bonds and loans Green bonds and loans are debt instruments used to finance projects, assets and activities that support climate change ada

5、ptation and mitigation. They can be issued by governments, municipalities, banks and corporates. The green bond label can be applied to any debt format, including private placement, securitisation, covered bond, and sukuk. It is global best practice for bonds and loans to be issued in line with the

6、Green Bond Principles (GBP), Green Loan Principles (GLP), the Climate Bonds Standard, as well as a number of country-specific guidelines. The key is that the use of proceeds (UoP) are financing green assets. Green definitions While there is no single set of global definitions for green bonds and loa