The new legal framework which requires the public sector issuer to spell out the use of the proceeds and report on the project’s environmental impact has been hailed by the industry for setting the standards for green bond financing in Singapore and the region.
Through a new contract, AirCarbon Exchange (ACX) aims to establish global reference pricing for voluntary carbon markets, and thus unlock investment into climate change-mitigating projects.
Wavemaker Partners is making a splash with its first climate tech venture builder. Its goal is ambitious – to launch companies that will reduce 10% of global emissions by 2035.
The requirement for sustainability know-how is putting pressure on corporates to make strategic considerations in terms of recruitment, M&A and restructuring.
Financial intermediaries play an integral role in the transition to a better future by helping businesses advance responsibly and steering capital to sustainable investments.
Eddie Yue, chief executive of the Hong Kong Monetary Authority (HKMA), tells FinanceAsia how he is leading the local banking market towards greener pastures.
Investors with $8.8 trillion in assets want Asia’s electric utilities to cut emissions, strengthen disclosure and improve governance of climate-related risks.