Asia’s green bond market has for a long time been a small acorn, tantalising but tough to crack. But after several years of investment by executives, bankers and investors, it has sprouted into a great oak.
The volume of dollar green bond issuance from issuers in Asia ex-Japan jumped to $4.54 billion in the third quarter, more than 150% larger than issuance in the first half of the year, according to Dealogic and FinanceAsia data.
The market is still at a nascent stage of development. But Asian bankers could be forgiven for thinking they have cracked this nut.
Recent high-profile examples include Bank...
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