Sustainable bond issuance in Asia-Pacific (APAC) could rise by about 10% in 2024, reaching $260 billion, given the persistent shortfall in funding for environmental and social projects. South Korea, Japan, and China will remain the largest green, social, sustainability, and sustainability-linked bond (GSSSB) markets, together accounting for more than 75% of regional issuance. Local currency bonds constitute about 70% of GSSSB issuance in APAC, and will continue to dominate, particularly in the social bond category. Public sector entities across the region will remain active in issuing GSSSBs, following growth of 55% in 2023.