In graphics: green bonds blossom in Asia

Asia's green bond market made its big breakthrough in the third quarter of this year.

Asia’s green bond market has for a long time been a small acorn, tantalising but tough to crack. But after several years of investment by executives, bankers and investors, it has sprouted into a great oak.

The volume of dollar green bond issuance from issuers in Asia ex-Japan jumped to $4.54 billion in the third quarter, more than 150% larger than issuance in the first half of the year, according to Dealogic and FinanceAsia data.

The market is still at a nascent stage of development. But Asian bankers could be forgiven for thinking they have cracked this nut.

Recent high-profile examples include Bank of China's attempt to create a green covered bond, as well as MTR's green bond in late October. Further afield, the green bond market in Australia is already blooming, according to experts down under

Click on any of the graphics above and below for a full view.

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