Multilateral development banks have not kept pace with changes to the global financial environment. For middle-income countries like India, accessing knowledge and technology is now a bigger challenge than raising capital, which suggests that these institutions must rethink their operating model.
ESG is meant to align environmental, social and governance priorities. But companies are increasingly being forced to choose between competing issues as ESG starts to break apart. How should companies rethink their approach?
The Covid-19 pandemic and the wars in Ukraine and Iran have reframed the issue of sustainability, which is now as much about sovereignty and economic security as it is about planetary health. Countries and companies that fail to recognise this have everything to lose in the coming years.
Malaysia's longstanding system of fossil fuel subsidies was built to stabilise prices, but these cannot hold up in prolonged crises of war, supply chain disruptions and volatile fuel markets.
EB Studio
As environmentally-friendly solutions become more commonplace, sustainable finance has become less about hitting targets and more about using …