Photo by Pep Stojanovski via Unsplash.

Low carbon push adds $8.4b addt'l revenue for APAC banks

Between 2031 to 2050, APAC banks will likely 

Banks in Asia Pacific are expected to secure an additional $8.4b in incremental revenues related to the low-carbon transition through 2030, according to a new report by Bain & Company.

Banks and financial institutions globally are looking at a potential $44b revenue opportunity through 2030– about $600b annually– from financing and investing in low-carbon transition, the report stated.

APAC’s financial institutions are expected to trail their American counterparts during this period, however. North American banks could capture up to $19.3b in annual incremental revenues from financing the transition through 2030, with a further $3.7b for South American banks. 

However, in the period through 2050, APAC banks are expected to take the lead.

ALSO READ: Shell companies and crypto propel money laundering risks in APAC

From 2031 to 2050, the incremental investment needed will rise to $2.3t per year. 

"The low-carbon transition represents a substantial investment opportunity for banks, with significant revenue pools opening up this decade," said Christian Graf, leader of Bain & Company's Sustainability & Responsibility Financial Services practice in EMEA. "Yet a wide financing gap remains at current investment levels.

“The entire global economy will need to increase investment in clean energy and low-emissions technologies to meet the agreed upon reduction pathways. Our analysis shows that the banks which see this gap as an opportunity stand to reap significant rewards,” Graf said.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


ZA Bank’s Devon Sin on why Web3 is key to HK’s growth
The bank has expanded services to cater to stablecoin issuers and Web3 companies. 
CIMB Niaga leads the way in captivating Indonesia’s youth
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
BCA sets benchmark in Indonesia’s microfinance sector
Innovative approaches reflect the bank’s commitment to pushing financial inclusion and fostering economic growth.