New sites in Asia-Pacific part of plan to restore 100 million trees by 2025, capture carbon

It is now obvious that poorer countries are caught in a financial vise not of their own making. The West, led by the United States, must equip the International Monetary Fund and World Bank with the tools they need to stabilize poorer economies ravaged by the spike in energy and food prices, Covid-19 and climate change

Malaysia’s Islamic bank MBSB Bank priced on April 4 its inaugural sustainability sukuk offering amounting to 300 million ringgit (US$70.60 million) as part of its continued effort to grow its sustainable assets – underscoring its commitment towards its sustainability agenda.

The net-zero transition requires the rapid development at scale of new technologies, energy-efficient infrastructure, and carbon capture and storage. A carbon price, together with the elimination of fossil fuel subsidies, would give investors powerful incentives to finance these and other imperatives

Two recent surveys have revealed a schism in the priorities of those investing in environmental, social, and governance (ESG) products in Asian and Western jurisdictions.

Western governments have been heavily subsidizing their own fossil fuel industries even as they exhort much poorer countries to do more to reduce greenhouse gas emissions. But the full extent of these subsidies has been hidden by the methods used to measure them

The Republic of the Philippines (RoP) arranged its second fund raising this year in the international bond market as it priced on April 12 a four-tranche Samurai bond totalling 70.1 billion yen (US$558.30 million). The offering was the first-ever Asean sustainability bond transaction issued by the sovereign in the Samurai bond market, following the previous deal of a 25-year sustainability bond in March amounting to US$1 billion.

Complex tool will become more focused as taxonomies applied with ever greater stringency

Opportunity for investors as China set to be world’s biggest emissions exchange

Allocation changes part of longer-term shifts in favour of illiquid strategies, real assets

Rising asset class supports green transformation, provides diversification benefits, upside potentials

Beyond undermining public health indirectly by exacerbating climate change, methane emissions damage public health directly, by contributing to ground-level ozone and particulate pollution. Fortunately, we have the tools we need to achieve deep reductions in emissions quickly

To prevent the sustainability agenda from becoming a casualty of Russia's war on Ukraine, policymakers and citizens must recognize the imperatives raised by the crisis and adjust their strategies accordingly. That means making our approach to environmental, social and governance issues both more holistic and more granular