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Structural Regulation
FSC Korea Approves Financial Hub Development Plan
By Sanday Chongo Kabange | 23/06/2023
The financial hub development plan outline measures the FSC will undertake to promote financial hubs in South Korea.

Reporting & Disclosures
MAS Partners UNDP, GLEIF to Digitise ESG Credentials for MSMEs
By Ranamita Chakraborty | 23/06/2023
Project Savannah will establish a common framework of ESG metrics for MSMEs, enabling them to meet the UN SDGs and facilitate their access to cross-border opportunities.

Sustainable Finance
Japan to Develop Sapporo into Green Finance Hub
By Mark Johnston | 23/06/2023
New consortium aims to attract JPY 40 trillion over the next decade to promote renewable energy sources in Sapporo.

Climate Risk
UNEP FI Maps Status of Climate Risk Analysis
By ESG Investor | 22/06/2023
New report will help financial institutions accurately interpret the outcomes of climate risk analysis

Climate Risk
SBTi Consults on Carbon Credit Guidance
By ESG Investor | 22/06/2023
The guidance will help to inform companies’ decision-making when looking to invest in climate finance and mitigation.

Climate Risk
Regulators Urged to Consider Climate Litigation as Relevant Financial Risk
By Ranamita Chakraborty | 22/06/2023
Major carbon-producing companies saw their firm value decrease following climate-related lawsuits and further reduce when unfavourable judgments were made.

Reporting & Disclosures
New Zealand FSC Publishes New Guidance on Climate Disclosures
By Sanday Chongo Kabange | 21/06/2023
The new FSC guidance is designed to help fund managers and insurers to better understand and assess climate-related risks and prepare for mandatory climate reporting.

Climate Risk
SBTi Consults on Climate Guidance for FIs
By ESG Investor | 20/06/2023
SBTi seeks to assist the finance sector in ensuring their decarbonisation plans align with scientific principles and contribute to combating climate change.

Reporting & Disclosures
IFRS Foundation Opens New ISSB Office in Beijing
By Editors | 20/06/2023
Beijing Vice Mayor Linmao Xia said the government will actively support the promotion and application of the IFRS Sustainability Disclosure Standards in China.

Sustainable Finance
IGCC Welcomes Australia-New Zealand Climate Finance Pact
By ESG Investor | 16/06/2023
The two nations have agreed to hold an annual Climate and Finance Dialogue to align sustainable finance frameworks and accelerate policy implementation.
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