DBP bags global award for sustainable finance Vietnam

  • DBP bags global award for sustainable finance Vietnam
  • DBP bags global award for sustainable finance Vietnam
  • DBP bags global award for sustainable finance Vietnam
  • How much money will Vietnamese banks make from ESG bonds?
  • We estimate Vietnam’s financial institutions could earn about $1.7 billion in revenue by 2025 from issuing bonds to finance ESG projects—with $1.5 billion coming from transition finance and green bonds, funding the shift from carbon-intensive to green industries. So what obstacles remain between Vietnamese banks and this prize?
  • Can Vietnamese banks finance climate-related projects through green bonds?
  • The market for financing climate-related projects through green bonds is surging, but Vietnamese banks need to act quickly to reap the rewards.
  • How many green bonds are issued in Vietnam?
  • Yet Vietnam seems to be an exception to this trend: its banks have issued only $216 million in green bonds in the past five years, despite environmental, social, and governance (ESG) projects seeking financing and investors looking for opportunities (see sidebar, “What makes a bond green?
  • ”). What makes a bond green?
  • How much does project finance cost in Vietnam?
  • In Vietnam, project finance has grown year over year, from around $3 billion in 2018 to $38 billion in 2021, spanning energy, transport, telecommunications, and water projects (Exhibit 2).

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