Climate investing opportunities in Asia: green bonds, renewables and transition credits
SMU climate scientist says there’s sufficient capital across markets, but the challenge is to identify and remove the obstacles to effective climate action
ONCE relegated to a niche concern, the private sector is increasingly taking climate risks seriously.
Extreme weather, among other environmental risks, topped this year’s World Economic Forum report, which identified the most significant concerns the world will face over the next decade.
These risks are set to intensify as the levels of planet-warming gases in the atmosphere enter “unchartered territory”, said Singapore Management University climate scientist Winston Chow, who also co-chairs the United Nations’ Intergovernmental Panel on Climate Change (IPCC). He was delivering the keynote speech at the CFA Society Singapore’s dinner event last month.
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