Eco-Business

The World Bank and International Monetary Fund (IMF) held their spring meetings last week in Washington DC – a key event in a critical year for international climate finance.

As the city-state seeks to expand its sustainable finance workforce over the next few years, the sector’s national certification agency has pushed out a “skills badge” that can be used to assess the green credentials of professionals.

Tharman Shanmugaratnam_Welcome Dinner Ecosperity Week 2024

He was drawing from a buzz phrase made popular by the Chinese, which means doing the bare minimum to get by. Avoid complacency but don’t adopt "catastrophic thinking", says Tharman Shanmugaratnam at the Ecosperity sustainability conference.

The Glasgow Financial Alliance for Net Zero Asia Pacific (GFANZ APAC) network has launched a study to model the cost of retiring Japan’s coal plants early, which comes as the country’s government looks to review its energy plans this year.

By Gabrielle See

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International_Monetary_Fund_Kristalina_Georgieva

As the only multilateral institution charged with maintaining global financial and fiscal stability, the IMF’s role is critical for addressing climate change. By Mohamed Nasheed and Rakesh Mohan

A new international tax taskforce is exploring tax policies that could finance sustainable development and climate action. This could pave the way for a fair taxation system that would accelerate a just transition. By Laurence Tubiana

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. By Anissa R. Suharsono and Yanuar Nugroho

Palm oil plantation Kalimantan Indonesia

EB Studio 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. By Joseph D'Cruz

By Abdoul Salam Bello, Patrick Guillaumont and Arnaud Buissé

By Emma FitzGerald

By Monique Barbut and Robert Filipp

By Dilys Roe

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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.

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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.

"Earth For All" is an update to the landmark 1972 book that warned of our unsustainable growth. Jørgen Randers, the author who worked on both titles, tells Eco-Business what is at stake if we don't fix our broken economic system.

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