Proxy-wasm extension fails with "WASM missing Proxy-Wasm ABI version or requires an unsupported version"

Issue

Building proxy-wasm extension using the examples for Go SDK repository creates unsupported WASM ABI version.
Istio-proxy sidecar starts but it is unable to start the wasm extension and it is filled with warning messages like:

"warning    envoy config    [external/envoy/source/common/config/grpc_subscription_impl.cc:101] gRPC config for type.googleapis.com/envoy.api.v2.Listener rejected: Error adding/updating listener(s) virtualInbound: WASM missing Proxy-Wasm ABI version or requires an unsupported version"