Development Cooperation

Asian Development Bank
Bangkok, Thailand
Building type
Low-income Residential

Thailand’s National Housing Authority (NHA) issues first Sustainability Bond for affordable housing!

With the assistance of the Asian Development Bank ADB, Thailand’s National Housing Authority (NHA) seeks to meet its Paris commitments and contribute to the SDGs by mobilizing capital market investments to finance safe, affordable, and sustainable housing for its low-income citizenry.

EGS-plan with Asia Clean Energy Partners has supported one of NHA’s projects by consulting regarding national and international certification systems for green buildings to improve the credibility of the sustainability bonds as to the international financial markets.

As a result, NHA successfully issued a sustainability bond of B1.1 billion THB ($62 million) in September 2021. The three main areas of focus outlined in NHA’s 2021 sustainability bond are affordable housing, socioeconomic advancement and empowerment, and green buildings.

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