Sustainable finance in S-E Asia to remain robust in 2025 despite Trump-led climate setback
Regional governments have renewed their commitments and built a track record, say bankers
SUSTAINABLE finance volumes in South-east Asia are expected to remain robust in 2025, despite a global setback in climate action with the re-election of climate sceptic Donald Trump as president of the United States.
This is because regional governments have expressed continued commitment to accelerating decarbonisation initiatives – in the wake of Trump announcing that he will withdraw the US from the Paris Agreement again – and built a track record in climate commitments, policies and disclosures as well as taxonomy development in recent years, bankers told The Business Times.
Corporates in this region are prioritising sustainability to capture long-term business opportunities, they added.
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