The region accounts for nearly half of global GDP represented by economies adopting ISSB standards, but ACCA warns that businesses must move beyond compliance to address climate risks, resource pressures and emerging challenges.
EB Studio
Experts say the region's next challenge is turning climate commitments into enforceable coal retirement plans that protect people, local communities, and energy security.
Asean’s official energy outlook, endorsed by its energy ministers on 8 October, reveals a gap between the region’s energy plans and its members’ net-zero pledges, and allows new coal plants to be built even in its lowest-emissions scenario.
SMEs form the backbone of Asia’s supply chains and labour force across Asia’s emerging markets, yet many struggle to access the finance and insurance needed to withstand climate shocks. Eco-Business speaks to UNDP’s Tom Beloe in Hong Kong, who explains what it will take to reach them.