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Last month, Germany became the first major economy to announce that it intends to introduce a target to reach “net-negative” emissions later this century.
Burning all the oil and gas from new discoveries and newly approved projects since 2021 would emit at least 14.1 billion tonnes of carbon dioxide (GtCO2), according to Carbon Brief analysis of Global Energy Monitor (GEM) data.
With Australia, Japan, Hong Kong, Malaysia, New Zealand, Philippines and Singapore introducing mandatory climate reporting rules, a stricter sustainability reporting regime is upon firms. What are key shifts to note as new rules kick in?
The former Monetary Authority of Singapore executive was previously with Credit Suisse, which UBS acquired last year.
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