303-4 ASEAN Green Bond Standards

Summary

The ASEAN Green Bonds Standards is an initiative that facilitates ASEAN capital markets in tapping green finance to support sustainable regional growth and meet investor interest for green investments and is part of the ACMF’s broader efforts in developing green finance for the region. The ASEAN Green Bond Standards have been developed in collaboration with the International Capital Market Association (ICMA) based on ICMA’s Green Bond Principles (GBP). The GBP have been used as the basis of the ASEAN Green Bond Standards as they are internationally accepted and widely used for the development of national green bond guidelines or standards issued globally.

Thumbnail image for The ASEAN Green Bonds Standards is an initiative that facilitates ASEAN capital markets in tapping green finance to support sustainable regional growth and meet investor interest for green investments and is part of the ACMF’s broader efforts in developing green finance for the region. The ASEAN Green Bond Standards have been developed in collaboration with the International Capital Market Association (ICMA) based on ICMA’s Green Bond Principles (GBP). The GBP have been used as the basis of the ASEAN Green Bond Standards as they are internationally accepted and widely used for the development of national green bond guidelines or standards issued globally.

Issuer

Association of Southeast Asian Nations (ASEAN)

Year

2018

Region

International

Issuer (type)

The ASEAN Capital Markets Forum (Region)

Policy Type

Disclosure

Geographical scope

Regional

Mandatory or voluntary

Voluntary

Main industries targeted

Finance & Insurance
Construction
Transportation & Warehousing
Mining, Quarrying, Oil & Gas Extraction

Restrictiveness

High

Sustainable Development Goals (SDGs)

SDG 7: Affordable and Clean Energy
SDG 8: Decent Work and Economic Growth
SDG 12: Responsible Consumption and Production
SDG 13: Climate Action
SDG 15: Life on Land