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Green Banking in ASEAN: An Assessment of ASEAN Banks' Sustainable Finance Policies
SUMMARY
- Combating climate change is a global imperative, and is particularly urgent for Southeast Asia which faces a disproportionate share of the adverse physical, social, and economic impacts.
- ASEAN nations have demonstrated a strong commitment to climate action and have made real progress in certain areas, but require substantial climate financing to achieve their targets.
- All regional ASEAN banks will play a critical role in climate finance, but those at the forefront of sustainable/green finance are poised to benefit from the region's climate transition.
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- Green Banking in ASEAN: An Assessment of ASEAN Banks' Sustainable Finance Policies04 Jul 2022
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