Janice Lim

Janice Lim

CORRESPONDENT

Janice Lim covers environmental, social and governance (ESG) issues at The Business Times. She joined BT after more than three years at TODAY covering a wide range of topics including economy and social issues. Before this, she had a four-year stint as a broadcast journalist with CNA. She graduated with a master’s degree in human rights from the University of Sydney and did her undergraduate studies in sociology and history at the National University of Singapore.

Public funds are not enough to meet the adaptation financing needs of Asia-Pacific, and that private finance needs to plug the gap.
ESG INSIGHTS

Issue 179: No longer the poorer cousin of mitigation?

This week in ESG: Growing momentum in adaptation financing

Houses destroyed by a flood in Aceh, Indonesia. Climate adaptation refers to measures aimed at helping society prepare better for, and reduce vulnerabilities to, climate impacts.

Adaptation financing to gain momentum in 2026: sustainability analysts

This follows call from UN to treble such financing by 2035

sbnature28 - The Nature Conservancy works with local partners in East Kalimantan to protect forests and wildlife such as the orangutan.



Credited to: The Nature Conservancy

Indonesia joins government-led coalition to grow carbon markets

It will be able to bring expertise on forest-based carbon projects and nature-based solutions, the group says

Asia-Pacific’s underinsurance problem means those with the least financial capacity are bearing the greatest share of economic losses from climate-driven extreme weather events.
ESG INSIGHTS

Issue 178: Asia’s perennial problem of underinsurance

This week in ESG: Only 12.3 per cent of the region’s natural disaster losses were insured

Lush forests seen at the Southern Cardamom project, which protects 497,000 ha of tropical rainforest in South-west Cambodia.

EDB issues grant call for monitoring technologies for biomass projects

It will fund academic and industry players to develop digital measurement, reporting and verification technologies

Cyclone Ditwah, which hit Sri Lanka and India late last year, has caused total losses of around US$4 billion.

Only 12.3% of natural disaster losses in Asia-Pacific for 2025 were insured: Munich Re

This makes it one of the least insured regions against natural disasters

Among competing and urgent needs, oceans have often been at the bottom of the funding priority list.
ESG INSIGHTS

Issue 177: Investing in the blue economy

This week in ESG: Mark Dalio lays out a viable pathway to investing in oceans

Mark Dalio, founder and co-CEO of OceanX

AI-driven oceantech is the most investable path in ocean financing: Mark Dalio

The OceanX founder and co-CEO believes such investments might bring about outsize economic and environmental impact

Climate Impact X notes that Choo Oi-Yee (above) comes with 25 years of experience in financial markets, “with a proven track record in fintech, innovation and capital markets”. 

Carbon market players to focus on driving up demand of credits in 2026: CIX

Carbon exchange Climate Impact X CEO notes the importance of building confidence in the procurement of carbon credits

Pulau Ubin Green Microgrid: EDP Renewables Accelerates Decarbonization for the Local Community

Capital allocation in Asia remains the same despite EDP Renewables exiting several markets

The renewables energy company says it will invest up to US$2 billion in the region by 2030