Transition finance has gained attention and popularity over the past few months across issuers, investors, financial institutions in the green and sustainable finance space, including in Asia Pacific (Apac).
Industry standards and guidelines on the new concept have been published by several regional and international organisations, such as the Asean Capital Markets Forum, Climate Bonds Initiative, the European Commission and the Glasgow Financial Alliance for Net Zero (GFanz).
Despite a growing interest in green finance and meeting carbon emission reduction goals, there are many…