The vast majority of banks in Asean are indifferent to climate change and other environmental and social threats in their lending operations, despite the associated risks staring them in the face, a new WWF report has found.
Time is running out to decarbonise the world’s economies. Can the business world respond in time? Eco-Business asks the two leaders of the World Business Council for Sustainable Development, Peter Bakker and Olam boss Sunny Verghese, if sustainable capitalism can avert planetary disaster.
A study by Bloomberg has found that Malaysian asset managers are more bullish about the value of responsible investing than their counterparts in Singapore, and have a more mature understanding of its worth. How so?
Werner Hoyer –
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.
Ingrid van Wees –
As the world’s oceans remain under threat, Asian Development Bank's Ingrid van Wees discusses what wide ranging projects and innovative financing are needed to clean up the seas before it is too late.
Green business is a win-win for all, but the private sector alone cannot finance its growth. Here's how policymakers can help scale up Asia's sustainable business, write Asian Development Bank's Daniele Ponzi and Erin Jan Sinogba.
If the world is to avert climate calamity, multilateral finance institutions must begin looking to large institutional investors as their partners and clients, write Håvard Hallang and Justin Yifu Lin.