ING expects sustainable finance offerings to rebound next year

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ING Philippines expects a rebound in sustainable finance next year as issuers increasingly adopt environmental, social and governance (ESG) offerings to

ING Philippines expects a rebound in sustainable finance next year as issuers increasingly adopt environmental, social and governance offerings to drive demand and lower issuance costs.

ING attributed the slowdown to reduced issuance of sustainability-linked debt products as detailed in the report. The bank expects the slower pace to persist into the fourth quarter, with market activity concentrated in early 2024.

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