HSBC: Malaysia, Singapore regional hubs for green financing

The Climate Bonds Initiative, supported by HSBC, has launched the Asean Sustainable Finance State of the Market 2020, which revealed that the region's sustainable finance market has maintained rapid growth.

KUALA LUMPUR: Malaysia and Singapore have intensified their longer-term positioning as regional hubs for green and sustainable finance, making the issuing of sustainability bonds in Asean more vibrant.

The Climate Bonds Initiative, supported by HSBC, has launched the Asean Sustainable Finance State of the Market 2020, which revealed that the region's sustainable finance market has maintained rapid growth despite the negative impact of COVID-19, drawing attention to the need for a sustainable economic recovery.