nep-isf New Economics Papers
on Islamic Finance
Issue of 2023‒02‒13
one paper chosen by

  1. Sustainable Finance in Southeast Asia By Swisa Ariyapruchya; Ulrich Volz

  1. By: Swisa Ariyapruchya; Ulrich Volz
    Abstract: This chapter provides an overview of the state of sustainable finance activities and practices in Southeast Asia. It first reviews the emerging landscape of sustainable financial governance and policy efforts for scaling up funding for investments with green and social impacts across the ten member countries of the Association of Southeast Asian Nations (ASEAN). It subsequently tracks the development of sustainable finance practices in banking and capital markets in the region. The chapter also examines the challenges in scaling up sustainable finance and investment and discusses opportunities and actions that could be seized by ASEAN countries individually and collectively.
    Keywords: Development; Financial Market and Asset Pricing; Environmental and Ecological Economics
    JEL: G18 Q01 Q58
    Date: 2023–01

General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.