The Asian Development Bank (ADB) has announced that it is supporting Thailand's state utility operator - Provincial Electricity Authority (PEA), in issuing its first sustainability bond.
The sustainable bond market of member economies of the Association of Southeast Asian Nations (ASEAN), China, Japan, and the Republic of Korea expanded 29.3% last year, outpacing the 21% growth of the global and euro-area sustainable bond markets, according to a new report by the Asian Development Bank (ADB).
