The revised taxonomy assigns an amber colour code to projects that help to facilitate low-carbon transition.
The calculation tool will help SMEs calculate GHG emissions; the estimation tool will help FIs estimate emissions of investees and borrowers.
The Thailand Taxonomy will be expanded in scope to cover the manufacturing, construction and real estate, waste management, and agricultural sectors.
The consultation received mainly positive feedback suggesting improvements to clarify definitions and usability.
The SEC aims to use GITs as a tool to encourage investment in projects that conserve or preserve the environment.
IFRS S1 and IFRS S2 would be mandatory for Main Market issuers, and potentially ACE Market issuers and large non-listed companies.
CA100+ expectations are said to be in conflict with US laws which require fund managers to act solely in clients’ long-term economic interest.
Amundi helped to develop the tool, which was tested with New Development Bank, an export credit agency, and a capital markets regulator.
The FSC said the standards will align with the ISSB standards and be interoperable with major economies like the US and EU.
The exchanges will reconvene in July to finalise the ecosystem’s implementation details, governance framework and operating structure.
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