The European Union Sustainable Finance Taxonomy is a new framework for what qualifies as a green investment. The framework positions the EU as a world leader in sustainable finance. So what could this mean for the Asia Pacific region?
Asit Biswas and Cecilia Tortajada –
China’s CSR landscape has changed almost as much as its urban skylines over the last decade, but the next ten years should bring even faster progress. China’s people and their leaders are no longer willing to allow companies to ignore their operations' impact on human and environmental welfare.
Sally Jewell –
Although most countries have acknowledged the threat posed by climate change and established targets for reducing greenhouse-gas emissions, the international community still has not made the same level of commitment to environmental conservation. Yet it is our natural ecosystems that will save us from catastrophe—if we let them.
Jennifer Layke –
While the world collectively reduced its coal capacity over the past 18 months, China added 43 gigawatts (GW). The move may ultimately increase the economic costs of China’s energy economy over the coming decades.
In addition to visionary leadership and a mobilisation of businesses, citizens, and civil-society groups, confronting climate change will require massive investments. We cannot count on governments alone to put up the money; rather, we must use public finance to leverage the power of private capital.
After more than a year of grim scientific projections and growing activism, world leaders and the public alike are increasingly recognising the severity and urgency of the climate crisis. And yet nothing has been done.
The 2015 Paris climate agreement was made possible when countries realised it was in their own interest to commit to reducing their carbon dioxide emissions. But a similar understanding of the need for stronger conservation policies has yet to take hold, putting the world's ecosystems increasingly at risk.
Annika Mock –
Eminent speakers and thousands of attendees discussed strategies for a resource-efficient future at Ecosperity Week 2019. As they heard about the science of global warming, delegates were called upon to be part of the solution.
Suggestions by delegates at the World Bank's recent Innovate4Climate event in Singapore included: Supporting developing countries in their efforts to conserve the forests, and launching more incubators for climate-friendly solutions.
Gan Su Xuan –
In line with the Sustainable Development Goals' aim to eradicate poverty, a Japanese multinational electronics firm is providing power supply stations, solar storage and products to countries with little or no access to electricity.
Charlotte MIddlehurst and Lili Pike, Chinadialogue –
China has provided huge funding supposedly to help developing countries mitigate and adapt to climate impacts, but it is also financing coal projects included in the Belt & Road Initiative (BRI). What do recipient countries make of this?
A new ground-breaking study launched by Eco-Business puts a spotlight on Southeast Asia's transition to the low carbon economy and identifies the top challenges for the region as insufficient regulation ...