Eco-Business

The palm oil giant says "reputable assessors" will track progress against goals in its US$217 million loan for “transparency and accountability.” Yet only one of two verifiers is confirmed, raising concerns about standard market practices.

In an open letter to government negotiators headed to Busan to hammer out a historic global plastic treaty, climate activists called on the city-state to adopt a leadership position in tackling pollution by pushing for a tax on producers, a more transparent supply chain, and "genuinely sustainable" waste management solutions.

A memorandum of understanding was signed between Petronas head of human resources Farehana Hanapiah and British High Commissioner to Malaysia, Ailsa Terry.

As Big Oil draws criticism for delaying climate action, the British government's Chevening scholarship programme has come under scrutiny for accepting Petronas' sponsorship. Climate advocacy group Rimbawatch is concerned Petronas will exert influence through the scholarship; the Chevening team says scholars are not subject to any obligations.

The unregulated product is increasingly offered by ESG raters to gauge how “green” a bond or loan is. But “overly positive” reviews challenge their ability to bring credibility to the trillion-dollar sustainable debt market, experts say.

Oleh Robin Hicks

Oleh Rhick Lars Albay

Thomson Reuters Foundation

Semua #sustainable finance Berita →

If the EU is to achieve its 2030 and 2050 climate goals, it must act now to ensure that it can weather the inevitable political headwinds. A new green social contract and industrial policy can make all the difference. Oleh Simone Tagliapietra

House Bill 7705, the low carbon economy bill, could help the climate-vulnerable nation seize the economic opportunities that come with decarbonisation. Oleh Ping Manongdo

Non-populist policies pose risks for politicians. Prabowo Subianto, who has claimed victory in the Indonesian presidential elections, is looking at creating five million green jobs, but stops short of pledging to phase out fossil fuels subsidies. Oleh Anissa R. Suharsono dan Yanuar Nugroho

Palm oil plantation Kalimantan Indonesia

Studio EB Mutual benefits are assured when the financial sector collaborates with palm oil stakeholders. FIs can help smallholders secure credit, while getting access to data and insights required to make sound and profitable investment decisions. Oleh Joseph D'Cruz

Oleh Makhtar Diop

Oleh Razan Al Mubarak

Oleh Dr Justin See

Oleh Lorenzo Cotula dan Camilla More

Semua #sustainable finance Opini →

Semua #sustainable finance Video →

The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.

Climate tech podcast with Steve Melhuish

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.

ADX's chief strategy and transformation officer Matthias Büchler tells the Eco-Business podcast why sustainability is a key growth strategy and how the COP summit shaped ESG reporting for listed companies on the exchange.

A protest for climate justice in the Philippines

The new head of Japan and Southeast Asia for ClientEarth tells the Eco-Business Podcast how the law can be used to hold polluters to account in the world's biggest emitting region. She also says it's time the legal profession faced scrutiny for greenwashing.

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