Sustainability & ESG

Sustainable Finance

Breakthrough Decarbonisation Tech Urgently Needs Financing – WEF

By Sanday Chongo Kabange | 27/10/2021

The mobilisation of finance to breakthrough technologies represents the “only viable path forward” to avoid irreversible damage to the planet, the WEF says.

Climate Risk

NGFS Details Progress Made By Supervisors on Climate Risk

By Manesh Samtani | 27/10/2021

The NGFS plans to launch a capacity building initiative for supervisors, develop policy recommendations to bridge data gaps, and further build on its climate scenarios work.

Climate Risk

A Look at the SFC’s Climate Risk Requirements for Fund Managers

By Michael P Wong | 27/10/2021

The new requirements will have a significant impact on in-scope fund managers, and not just those that follow ‘sustainable’ or ‘ESG’ strategies, says Dechert partner Michael Wong.

Sustainable Finance

SEBI Proposes New Requirements for ESG Funds in India

By Manesh Samtani | 27/10/2021

ESG-labelled funds will have to invest at least 80% of total assets in ESG themed securities, and disclose measures taken to mitigate greenwashing risks and reliance on third party scores.

Climate Risk

RBNZ Outlines Action Plan for Addressing Climate Risks

By Sanday Chongo Kabange | 27/10/2021

The RBNZ will develop a guidance note to support regulated entities in managing climate risks, focusing on physical, transition and liability risks.

Sustainable Finance

Singapore Launches New Family Office Network, GFO Circle

By Editors | 27/10/2021

The GFO Circle is a “one-of-a-kind” public-private partnership to bring the family office industry together, said MAS executive director Ms Thong Leng Yeng.

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.