As of June 2019, 58% of Green Bonds issued in ASEAN countries were issued in Indonesia, compared to 18% in Singapore, 14% in Malaysia, 6% in Thailand, and 4% in the Philippines. Green Bonds issuance is seeing an upward trend in the region, even so in Indonesia after the Otoritas Jasa Keuangan/Financial Services Authority enacted a regulation aimed to encourage financial growth. This Article provides a insight about the regulatory framework in Indonesia with a brief comparison with the laws in Singapore. Find out further our insights about this topic: