Thematic Bonds for Affordable Green Housing in Asia and the Pacific: A Case Study of Thailand’s National Housing Authority
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Asian Development Bank (ADB) , ASEAN Catalytic Green Finance Facility (ACGF)
This case study discusses the experience of Thailand’s National Housing Authority in the issuance of thematic bonds to build green, affordable housing for the country’s low-income residents.
The Asian Development Bank (ADB) estimates that the Asia and the Pacific region will need to invest $1.7 trillion per year in infrastructure, including housing, until 2030 to maintain growth momentum, tackle poverty, and respond to climate change. Bonds and other capital market instruments have a proven ability to quickly tap into global pools of institutional and pension funds, including social impact and insurance funds, projected to be worth between $45 trillion and $60 trillion globally.
This case study discusses the experience of Thailand’s National Housing Authority in the issuance of thematic bonds to build green, affordable housing for the country’s low-income residents.
Contents
- The Need to Rapidly Scale Up Finance for Sustainable Housing in Asia
- The Emergence of Thematic Bonds
- Looking Ahead
Published January 2022
