Labeled Bond Issuance Growth in ASEAN Has Been Impressive, But It's Not Enough to Meet the Needs Highlighted in the Latest IPCC Report

‘Delay means death’ warns United Nations (UN) Secretary-General at release of new report outlining the urgency of quick and large-scale climate-related investments for mitigation and adaptationDespite rapid growth, Association of Southeast Asian Nations (ASEAN) labeled green and sustainable bonds remain concentrated in a few sectors such as energy, and need more issuer diversity to address all climate-related needsFinancial institutions will be key issuers of labeled bonds to finance the physical and social infrastructure needed for a Just transition and to reduce inequities that will otherwise be accentuated by climate change

UN Secretary-General António Guterres was unequivocal at the launch this week of a Special Report on Climate Change: “as climate...