SEC convenes a meeting with ADB senior executivesOn 25 January 2024, Mrs. Pornanong Budsaratragoon, SEC Secretary-General, and the Management Team, convened a meeting with senior executives from the Asian Development Bank (ADB), led by Mr. Winfried
With support from ADB, the Government Housing Bank issued the 8.5 billion Thai baht (approximately $244 million) in sustainability bonds with 3- and 12-year maturities on 9 December.
ADB has supported Thailand’s first social bond issued by a state-owned financial institution under the Association of Southeast Asian Nations (ASEAN) social bond standards.
Source: InternetThe Sustainable Development Goals Indonesia One–Green Finance Facility (SIO-GFF), the first of its kind in Southeast Asia, aims to finance at least 10 projects, with at least 70% of the financing supporting green infrastructure and the rest supporting the SDGs. The facility will design bankable projects to attract funding to supplement public expenditure, including from private, institutional, and commercial sources.“The SIO-GFF aims to catalyze up to 8 times the funds invested to support climate-friendly infrastructure and help Indonesia make progress toward the SDGs,” said Unit Head of ADB’s Green and Innovative Finance for Southeast Asia and Country Director for Thailand Anouj Mehta. “It will boost the development of sustainable infrastructure and accelerate the country’s recovery from the COVID-19 pandemic by crowding in capital and creating jobs.”The loan to the Indonesian government will be re-lent to PT Sarana Multi Infrastruktur (Persero), or PT SM