Climate Risk

Reporting & Disclosures

ASIC Fines Another Listed Energy Firm for Alleged Greenwashing

By Editors | 05/01/2023

ASIC says Black Mountain Energy made misleading statements in three ASX announcements regarding a natural gas development project.

Climate Risk

Taiwan Central Bank Unveils Plans for Addressing Climate Change

By Editors | 04/01/2023

The central bank will incorporate weather factors in economic forecast models, use monetary policy to promote sustainable finance, and invest in green bonds.

Climate Risk

China ETS Sees Lower Than Expected Trading Performance

By Editors | 30/12/2022

Only 44 million tonnes of carbon allowances were traded during 2022, down from 179 million tonnes in 2021, though the market has now exceeded CNY 10 billion in cumulative turnover.

Climate Risk

HKMA Revises SPM to Embed Climate Risk in Supervisory Approach

By Editors | 30/12/2022

Revised SPM illustrates the HKMA’s approach to the supervision of emerging risks such as climate risk under its risk-based supervisory approach.

Climate Risk

IETA Shines Light on Carbon Market Evolution

By Editors | 28/12/2022

The 2022 GHG Market Report features carbon market reforms underway in the EU, Korea, Japan and China, among other markets.

Sustainable Finance

India Plans to Develop Carbon Market by 2026 – Report

By Editors | 28/12/2022

A compliance market and voluntary market will be set up, along with a stabilisation fund to support prices of carbon credits.

Reporting & Disclosures

Regulation Asia: Top 20 News Stories for 2022

By Editors | 28/12/2022

This list presents the most-read new stories published by Regulation Asia in 2022, based on aggregated user traffic analytics.

Emerging Prudential Risks

NYDFS Proposes Guidance on Climate Risk Management

By Editors | 27/12/2022

The guidance focuses on corporate governance; internal control framework; risk management process; data aggregation and reporting; and scenario analysis.

Sustainable Finance

RBI Official Calls for Structural Changes to Scale Up Green Finance

By Editors | 27/12/2022

Deputy governor M Rajeshwar Rao said a formal definition of green finance and a taxonomy are needed, along with a robust ecosystem for third-party verification and assurance.