ESG-labelled funds will have to invest at least 80% of total assets in ESG themed securities, and disclose measures taken to mitigate...
Includes measures to develop the green finance sector, provide low-cost funds for green projects, and expand the carbon trading market.
Mandatory climate disclosures will be required from early 2024, for annual reporting periods that start on or after 1 January 2023.
The fund will help channel central bank reserves to green projects in Asia Pacific, complementing two other green bond funds already launched...
The principles for sustainable finance taxonomies will facilitate comparability and interoperability across firms and markets, says bank.
Continued lack of action towards mitigating climate risk increases the likelihood of more significant divestment from Australia.
The Green and Sustainable Finance Cross-Agency Steering Group pledges support for the government’s Climate Action Plan 2050.
Companies listed on the TSE’s ‘Prime’ market will be required to comply with mandatory climate risk disclosure requirements first.
More than 35% of insurers’ investment assets are exposed to climate risks, association warns.
To scale up carbon trading in the city, Singapore plans to work with Climate Impact X, a collaboration between the Singapore Exchange,...
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