Tilting east: The rise of sustainable finance in APAC

The global sustainable finance market has been both stagnating and restructuring over the past five years. Issuance of sustainable debt fell in 2025 but is forecasted to recover in 2026, driven by consistent market expansion in the APAC (Asia Pacific) region. Does this signal a market shift from West to East in green finance? And what are the implications for renewable pipelines and opportunities financed by these instruments?