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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027
UMS Integration closes 10.2% higher after posting ‘strong’ double-digit sales growth in Q1