Issue 172: Asean Taxonomy’s unfinished business; data centres encroach on palm oil
This week in ESG: Asean launches complete version of sustainable finance criteria; Malaysian plantations to build green data centres
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Sustainable finance
More work ahead for complete Asean Taxonomy
Four years after its launch, the Asean Taxonomy is finally complete, providing markets in South-east Asia with a comprehensive regional definition of activities that are eligible for sustainable finance in nine priority areas.
Yet the emergence of significantly different taxonomies among the region’s major economies suggest that a mountain of work lies ahead to improve interoperability in South-east Asia’s developing sustainable finance ecosystem.
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