Japan's FSA calls for better transition to “dark green” bond issuances

Author: Karry Lai | Published: 9 Oct 2019

Speaking this week at the International Capital Market Association's (ICMA) Developments in Green, Social and Sustainability Bond Markets conference in Japan, Satoshi Ikeda, chief sustainable finance officer at the Japan Financial Services Agency (JFSA), said that demand for green bonds in Japan has been slow, but not because of a lack of demand. The problem has been on the supply side.

See also: Risk of greenwashing stokes interest in sustainability taxonomies

Many Japanese corporations see interest towards green bonds as an alignment to businesses’ self-discipline and accountability. However, there is confusion about what frameworks to follow as more and...