Issue 164: Hong Kong eyes South-east Asia sustainable finance prize; Singapore buys first Article 6 carbon credits
This week in ESG: Report finds growing activity in green Asean; Singapore awards contracts to four nature-based projects
Sustainable finance
South-east Asia heats up
The Asia-Pacific is growing as a climate finance hotspot as investors look for new frontiers of green growth amid a US pullback.
Fund managers are attracted to the region’s “growing pipeline of clean-energy and infrastructure projects, favourable demographics and strengthening policy support for green development,” says a new report authored by MSCI Sustainability Institute, the Hong Kong Financial Research Institute of Bank of China and the University of Hong Kong Business School’s Jockey Club Enterprise Sustainability Global Research Institute.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
As luxury retail goes big, can Singapore’s Orchard Road keep up?