Gulrajani joins Southeast Asia's biggest bank after more than 20 years with French lender BNP Paribas. The role was vacated in April after the departure of Yulanda Chung.
The blended finance market is "maturing", with rising transaction volumes being driven by private sector investors, development finance institutions and multilateral development banks. But adaptation funding still lags mitigation, finds a new study.
The initiative is philanthropy-led and will extend beyond traditional Marine Protected Areas (MPAs) to cover conservation of more existing ocean ecosystems. Less than 3 per cent of the region's national waters are under formal protection but a deadline to meet a global conservation target looms.
Water markets offer a potential solution to address water scarcity, but they must be carefully regulated to ensure equitable access, prevent monopolisation and protect ecosystems.
Oleh
Eduardo Araral
Developing countries like Pakistan must grasp the finance architecture for operationalising loss and damage, as it will be key at the upcoming COP.
Oleh
Ali Tauqeer Sheikh
It is risky to assume the many high-level standard-setting initiatives today can provide blanket improvements. Asian businesses all have a part to play to create a trusted carbon market that benefits climate, nature and stakeholders.
Oleh
Jessica Cheam dan
Liang Lei
Studio EB
From sponge cities to coastal forests, Asia is seeking ways to work with nature and prepare for the risks in a warmer-than-expected future. This Eco-Business video looks at what else cities need to do to strengthen climate resilience.
Rich nations need to shift investments into renewables instead, they say. The civic space for demonstrations at this year's climate summit, held in Egypt, is more restricted than the Scotland event last year.
Entrepreneur Steve Melhuish tells the EB Podcast where the biggest opportunities to reduce emissions and make money are in Southeast Asia, and why finding the right economic incentives is critical for climate tech startups.
Asia lags the world in natural catastrophe protection. Part of the problem could be counting extreme weather losses only after they happen, industry insiders tell the Eco-Business podcast.
The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.
The populous coal-rich powerhouse has six months to tell investors how it plans to spend G7 money to decarbonise equitably. We ask experts about the risks, strategy, and opportunities.