Mandatory climate disclosures will be required from early 2024, for annual reporting periods that start on or after 1 January 2023.
ESG investing still nascent, but asset owners expecting greater pressure to disclose and improve ESG practices.
The fund will help channel central bank reserves to green projects in Asia Pacific, complementing two other green bond funds already launched by the bank.
Continued lack of action towards mitigating climate risk increases the likelihood of more significant divestment from Australia.
Investors call for blended finance to play a larger role in supporting climate adaption and mitigation in emerging markets.
The Green and Sustainable Finance Cross-Agency Steering Group pledges support for the government’s Climate Action Plan 2050.
Companies listed on the TSE’s ‘Prime’ market will be required to comply with mandatory climate risk disclosure requirements first.
To scale up carbon trading in the city, Singapore plans to work with Climate Impact X, a collaboration between the Singapore Exchange, DBS, Standard Chartered and Temasek.
Nicole Vettise, Institutional Portfolio Manager, Franklin Templeton Emerging Markets Equity, highlights the challenges and opportunities of solar energy in China.
Hong Kong is exploring opportunities to establish a unified carbon market in the Greater Bay Area, leveraging the Guangdong ETS and Shenzhen ETS.
Subscribe to our free weekly newsletter below and never miss a story.