Sustainability & ESG

Sustainable Finance

Indonesia’s OJK Issues New Rules for Carbon Trading

By Editors | 26/08/2023

The rules set out how OJK will supervise carbon trading ahead of the planned launch of Indonesia’s first carbon exchange by end-September.

Nature & Biodiversity

185 Countries Launch Global Biodiversity Framework Fund

By Editors | 25/08/2023

Canada and the UK are together providing about $160mn in seed money to set up the fund, which was first agreed in December 2022.

Climate Risk

IGCC Devises Climate Resilience Strategy

By ESG Investor | 25/08/2023

Adaptation themes will be incorporated into IGCC’s workstreams to drive investment in climate resilience across Australia and New Zealand.

Climate Risk

Singapore, Sri Lanka Forge Partnership to Develop Carbon Credit Agreement

By Ranamita Chakraborty | 24/08/2023

Under the agreement, Singapore’s carbon tax-liable companies can purchase carbon credits from eligible projects to offset up to 5 percent of their taxable emissions.

Climate Risk

RBNZ Releases Results of Second Climate Risk Survey

By Sanday Chongo Kabange | 24/08/2023

Just over half of the entities have not yet undertaken climate-related scenario analysis, though all plan to do so in the next 12 months.

Trading & Investment

TWSE Launches New Platform to Promote ETF Market

By Editors | 23/08/2023

The so-called ‘ETFortune’ platform provides investors with information about the ETF market and allows them to screen funds based on investment strategy.

Climate Risk

Demand for “Credible” Net Zero Targets Rising – SBTi

By ESG Investor | 22/08/2023

Asia saw the greatest proportional growth in companies setting science-based targets, led by Japan and strong growth in China.

Structural Regulation

New Zealand to Enhance ETS Market Governance Framework

By Mark Johnston | 22/08/2023

The government has agreed to two proposals to improve market governance for the New Zealand Emissions Trading Scheme.

Sustainable Finance

BSP Signs UN-backed Principles for Responsible Investment

By Sanday Chongo Kabange | 22/08/2023

Becoming a PRI signatory will help the BSP enhance its integration of ESG factors in its investment process and decision-making.