As countries move at different speeds towards developing their own standards, is this multiplicity an obstacle to a greener future?
Most companies are reporting their emissions, but climate-related targets remain vague, says GRI.
“Reactive” compliance-led approach failing to fully account for risks.
Dr Bo Bai, Executive Chairman of MetaVerse Green Exchange, says regulation should reflect the duality of carbon credits to drive green finance growth.
Aditi Pai, ESG Analyst at American Century Investments, outlines the incoming rules aimed at keeping sustainability in season.
Progress report marks shift from net zero commitments to implementation.
Eight carbon neutral ETFs scheduled for Shanghai debut; five interbank transition bonds approved for launch.
Issuers can use SRI-linked sukuk proceeds for general purpose, subject to commitments to future improvements in sustainability outcomes.
All local and foreign financial institutions expected to adopt the basic recommendations within 24 months.
New Climate Adaptation Strategy encourages financial institutions to innovate and expand solutions.
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