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Utilising Green Bonds for Financing Renewable Energy Projects in Developing Asian Countries

In: Financing Renewable Energy Development in East Asia Summit Countries A Primer of Effective Policy Instruments

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  • Jacqueline Yujia Tao

Abstract

With the market for green bonds rapidly developing in recent years, interest in this new financial instrument has also been rising. This chapter uses the Strength, Weakness, Opportunities, and Threats (SWOT) analysis to examine the strengths, weaknesses, opportunities, and threats of using green bonds to finance renewable energy projects in Asia. The potential for green bonds to become viable financing instruments for renewable energy projects is great and the market is seen to be gradually moving towards this direction. However, there remain several challenges that can be met with key supportive mechanisms. This chapter proposes a two-tiered national standards system and other supportive policies to support the building of a green bond market in developing Asia.

Suggested Citation

  • Jacqueline Yujia Tao, . "Utilising Green Bonds for Financing Renewable Energy Projects in Developing Asian Countries," Chapters, in: Shigeru Kimura & Youngho Chang & Yanfei Li (ed.), Financing Renewable Energy Development in East Asia Summit Countries A Primer of Effective Policy Instruments, chapter 12, pages 343-381, Economic Research Institute for ASEAN and East Asia (ERIA).
  • Handle: RePEc:era:chaptr:2014-rpr-27-12
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    File URL: http://www.eria.org/RPR_FY2014_No.27_Chapter_12.pdf
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    References listed on IDEAS

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    1. World Bank, 2010. "Monitoring Climate Finance and ODA," World Bank Publications - Reports 18423, The World Bank Group.
    2. Sovacool, Benjamin K., 2009. "Rejecting renewables: The socio-technical impediments to renewable electricity in the United States," Energy Policy, Elsevier, vol. 37(11), pages 4500-4513, November.
    3. Donovan, Charles & Nuñez, Laura, 2012. "Figuring what’s fair: The cost of equity capital for renewable energy in emerging markets," Energy Policy, Elsevier, vol. 40(C), pages 49-58.
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    Cited by:

    1. Leszek Dziawgo, 2021. "Energy Sectors on Capital Market – Financing the Process “Towards Sustainability”," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 938-955.

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