There has been a surge in social bond issuance amid the Covid-19 pandemic. This report reviews the status and trends of the social bond market in Asia and explores its contribution to tackling the region’s urgent social issues. To make best use of social bonds, the report suggests focusing on areas where bonds could yield the greatest social impact. Areas highlighted include the vulnerabilities in health, education, food and water systems that the COVID-19 crisis has exposed and advancing gender equity and supporting small-to-medium enterprises.
In addition, the report identifies the need for policymakers to support the development of common standards of information disclosure and impact measurement. Read it here.