Funds mobilised by the issuance of environmental, social and governance (ESG) bonds in Thailand are expected to expand from the current outstanding value of more than 583 billion baht, according to the Thai Bond Market Association (ThaiBMA).
ThaiBMA president Somjin Sornpaisarn said the outstanding bonds are issued by six governmental organisations and 23 private firms. The figure is expected to increase based on the global ESG trend.
Last year, 211 billion baht worth of ESG bonds were issued, up 21% from 2021. Thailand's outstanding ESG bonds tally 502 billion baht, up 66% from the previous year.
