The indicators are a first step to help narrow the climate data gap, said ECB executive board member Isabel Schnabel.
January 26, 2023The cumulative balance of green finance deployed will reach CNY 1.5 trillion by 2025. Banks and insurers will establish dedicated green finance business centres in Shanghai.
January 16, 2023Only 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.
December 30, 2022A unified and standardised carbon emission statistical and accounting system will be established by 2023 and gradually improved until 2025.
August 23, 2022Research by S&P Global and Regulation Asia found that the quality of corporate ESG disclosure is seen to be lacking in China.
August 21, 2022The exchange said the VCM will encourage investments in high-quality offsetting projects that can generate positive environmental and societal benefits.
August 16, 2022Companies will have to start disclosing climate-related information including GHG emissions data in annual reports and prospectuses in 2024.
August 12, 2022The PBOC plans to release standards for environmental information and carbon emissions disclosures, along with a roadmap for implementation.
August 4, 2022The Point Carbon Zero Programme under Project Greenprint aims to catalyse the growth of climate FinTech solutions in Asia over the next three years.
July 27, 2022China’s new National Climate Adaptation Strategy 2035 New Climate Adaptation Strategy encourages financial institutions to innovate and expand solutions.
June 20, 2022