Thailand's sustainable bond market has surpassed 1.1 trillion baht in cumulative issuance, with regulators and market participants now turning their attention to transition finance as the next major growth driver, particularly for carbon-intensive industries seeking funding to support decarbonisation efforts.
Speaking at an ESG bond seminar organised by the Thai Bond Market Association (ThaiBMA), the Securities and Exchange Commission (SEC), and the Royal Thai Embassy in Brussels, Ariya Tiranaprakij, president of ThaiBMA, said Thailand's environmental, social and governance (ESG) bond market has expanded steadily over several years.