[ANALYSIS] Achieving a green economy through sustainable finance

The pandemic is accelerating environmental, social and governance (ESG) trends and has revealed companies’ resilience or vulnerability in facing crises and their ability to be responsive and adaptable. This particularly shows how well prepared companies are against another systemic challenge. The pandemic has increased the need for effective crisis management and emphasizes the importance of stronger council involvement in overseeing ESG issues. Global green issuances, which include green bonds, loans, sukuks and green asset-backed securities (ABS), continue to increase. The Climate Bonds Initiative (CBI) states that from 2015 to 2020, green issuances cumulatively reached a value of US$1,002 trillion. For 2015 to 2020, regionally and cumulatively, Europe was the highest green-issuing region, reaching $432.5 billion (43 percent), followed by North America at $237.6 billion (24 pe…

Topics :

  • Mandiri-Column analysis green-economy sustainable-finance

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