Climate Risk

Climate Risk

High-emitting Companies Charged Higher Rates by Banks

By ESG Investor | 22/08/2024

Heavy carbon emitters are increasingly subject to higher interest rates from banks, according to research from the ECB and DNB.

Climate Risk

IIGCC: Climate Physical Risk Tool Is Game Changer

By ESG Investor | 20/08/2024

A new methodology allows investors to evaluate and report on the physical risk climate change poses to their real assets.

Climate Risk

Major Banks Off-track on Climate: World Resources Institute

By ESG Investor | 19/08/2024

16 of 25 banks assessed have committed to coal financing phase-out by 2040 or earlier, but they are not all taking the necessary steps to get there.

Sustainable Finance

BSP Calls on Lenders to Do More to Support Climate Action

By Sanday Chongo Kabange | 19/08/2024

The BSP said green finance “has yet to fully take off” and that lenders need to do more to support climate action efforts of enterprises and households.

Sustainable Finance

Thailand Launches New “Financing the Transition Project”

By Ranamita Chakraborty | 13/08/2024

Under the BOT initiative, banks will provide favourable loans to SMEs to support their transition to environmentally sustainable practices.

Climate Risk

ICVCM Rejects Eight Methodologies in Latest CCP Assessment

By Ranamita Chakraborty | 13/08/2024

Eight renewable energy methodologies, representing 32% of the carbon credit market, fail to meet Core Carbon Principles requirements.

Sustainable Finance

PBOC to Extend Decarbonisation Loan Support Until End 2027

By Editors | 12/08/2024

Under the programme, launched in 2021, FIs are asked to provide low-interest loans to companies and projects in clean energy, supported by central bank funding.

Sustainable Finance

TPEx Lists First Sustainability-linked Convertible Bonds

By Editors | 11/08/2024

FSC Vice Chairman Chen Yanliang said sustainability bonds will help attract foreign investment and further Taiwan’s goal of becoming an asset management hub.

Sustainable Finance

Malaysia to Develop Fundraising Platform for Domestic Carbon Projects

By Editors | 09/08/2024

Bursa Malaysia is establishing a new industry working group to help develop a conceptual framework for the new fundraising platform.