Sustainability & ESG

    Structural Regulation

    China to Use Property Tax to Curb Real Estate Speculation

    By Editors | 26/10/2021

    The introduction of a property tax is aimed at facilitating the steady and sound development of the property market, curbing speculation, and redistributing wealth.

    Climate Risk

    China: Top Policymakers Issue Climate Transition Guidance

    By Manesh Samtani | 26/10/2021

    The guidance includes measures to develop the green finance sector, provide low-cost funds for green projects, and expand the carbon trading market.

    Sustainable Finance

    BIS Innovation Hub Announces Winners of 2nd G20 TechSprint

    By Editors | 25/10/2021

    The BIS Innovation Hub Hong Kong centre will soon publish reports on work to explore green bond tokenisation and real-time tracking of environmental outputs.

    Reporting & Disclosures

    New Zealand Passes Climate Reporting Legislation in World First

    By Sanday Chongo Kabange | 24/10/2021

    Mandatory climate disclosures will be required from early 2024, for annual reporting periods that start on or after 1 January 2023.

    Reporting & Disclosures

    Asian Asset Owners to Accelerate ESG Ambitions

    By ESG Investor | 24/10/2021

    ESG investing is still nascent, but asset owners are expecting greater pressure to disclose and improve ESG practices.

    Nature & Biodiversity

    UPDATED – Chinese Banks Declare Support for Biodiversity Protection

    By Editors | 21/10/2021

    36 Chinese banking and financial institutions, 24 foreign banks and international organisations have jointly signed a biodiversity protection declaration.

    Climate Risk

    Too Soon to Base Capital Requirements on Climate Scenarios

    By ESG Investor | 21/10/2021

    NGFS members do not yet envisage calibrating prudential policies such as capital requirements on the basis of climate scenario exercises.

    Sustainable Finance

    BIS Announces Plans to Launch Asian Green Bond Fund

    By Editors | 21/10/2021

    The fund will help channel central bank reserves to green projects in Asia Pacific, complementing two other green bond funds already launched by the BIS.

    Sustainable Finance

    PBOC Set to Launch Credit Tools to Support Emissions Reduction

    By Darien Choong | 21/10/2021

    FIs will be able to lend to qualified companies to back emissions reduction projects and apply to the central bank for funding support.

    Sustainable Finance

    Thai SEC to Collaborate with Environmental Organisations  

    By Pongnut Thanaboonchai | 20/10/2021

    The collaboration will aim to promote good governance, while encouraging businesses to take into account social and environmental considerations.

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