Green Finance

A 23-year-old law student in Melbourne, Australia has filed a lawsuit against the Australian government over failure to disclose the financial risks of climate change to a number of safe investments, including government bonds. Katta…
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Singapore’s central bank, the Monetary Authority of Singapore (MAS), has recently hired Jeanne Stampe as green finance resource lead. Stampe is a former WWF head of sustainable finance in Asia. The move is yet another indication of the…
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Analysts have warned investors that the lack of compliance to environmental, social and governance (ESG) risks amongst publicly listed meat companies in Asia makes them highly susceptible to zoonotic diseases. The report also lists meat…
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BlackRock, the world’s largest asset manager, has just revealed that it has punished 53 companies in its portfolio over climate inaction. The move is a part of the firm’s ramping up of its climate engagement with businesses after it joined…
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New data comparing sustainable investments with traditional funds shows that environmentally-friendly focused investments bring greater returns. The evidence comes amid strengthened interest in sustainable investments prompted by the dual…
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Hong Kong Exchanges and Clearing Limited (HKEX) has announced plans to launch a new Sustainable and Green Exchange (STAGE), representing the first-of-its-kind in Asia. The new information platform will act as a central hub for data on…
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Link Asset Management, the manager of Link REIT, has just secured a five-year sustainability-linked loan of HKD$1 billion (US$129 million) from Singapore-headquartered OCBC Bank. It marks the property company’s first sustainability-linked…
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The Asian Development Bank (ADB) has called on Asia to begin focusing on building a new sustainable “blue economy”. The region’s development bank says that in order to preserve livelihoods and the planet, the continent must begin…
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ADB Ventures, a new venture platform to support and invest in startups offering tech-based impact solutions to contribute to the Sustainable Development Goals (SDGs), has just announced that it will start making investments. It follows the…
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Initiated by the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC), the newly established Green and Sustainable Finance Cross-Agency Steering Group aims to coordinate between different sectors to push the…
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By: Adria Vasil Laura Väyrynen & Toby Heaps In the 50 years since Earth Day was launched, which companies stepped up to deliver green solutions? It’s been 50 years since the first Earth Day in 1970, when 10 million people took to…
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Rich investors in Asia are displaying growing interest in sustainable investments as the coronavirus shifts mindsets towards concerns about public health and the environment, according to UBS. The Swiss multinational investment firm’s…
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A partnership between Goldman Sachs and Telos Clean Energy will see a new joint venture to develop, construct, own and operate distributed solar power projects for commercial and industrial customers. With up to US$275 million funded by…
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In their annual Sustainability Report, Swiss multinational investment firm UBS reveals that it has increased its sustainable investments to US$488 billion by the end of 2019 and reduced its carbon-related assets by over 40% compared to the…
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A new report by international audit and advisory firm Mazars and independent think tank OMFIF reveals that central banks are now planning to make radical regulatory changes to tackle the climate crisis. From introducing climate stress…
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The amount of money moving into environmental funds last year broke records, according to Illinois-based financial services firm Morningstar. The data shows that sustainable funds, which invest based on environmental, social or governance…
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Multinational investment bank and financial services giant Goldman Sachs recently announced a diversity rule stipulating that the bank will no longer take companies public unless they have at least one “diverse” board member. Presenting…
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Singapore-based startup Positive Energy Ltd. is a renewable energy finance platform that digitalises and simplifies green investments. Through blockchain technology, the startup is making the sourcing, funding and trading of small to…
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In a new environmental policy announcement, Goldman Sachs has ruled out any future financing for oil drilling or exploration activities in the Arctic, citing the scientific consensus on the climate crisis as their key reason. Currently,…
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Impact investment is on the rise in Asia, as the younger generation of investors are looking for a more holistic approach that takes into account positive social and environmental returns. This marks a shift away from the conventional…
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In a recently released report conducted by Goldman Sachs Global Market Institute, climate change will have devastating impacts on cities across the world, highlighting New York, Tokyo, Lagos and Shanghai amongst some of the worst affected.…
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