Issue 166: GIC mainstreams climate adaptation investing; Singapore to tackle reporting of cloud services emissions
This week in ESG: Asian investors focus on financing climate adaptation and resilience; Infocomm Media Development Authority to support companies on digital emissions
Sustainable investing
Overcoming adaptation financing hurdles
Asian investors looking for the next big sustainability theme are increasingly focusing their lenses on climate adaptation and resilience.
Adaptation and resilience refer to climate action aimed at addressing the impact of global warming, such as cooling and flood infrastructure. They’re distinct from climate mitigation, which refers to climate action aimed at reducing global warming, such as building solar farms.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10