Managing Climate News Today

<p><span>The ASEAN Taxonomy Board (ATB), representing ASEAN finance sectoral bodies, today took the next step towards meeting the Paris Agreement commitments, with the release of the ASEAN Taxonomy for Sustainable Finance Version 2 (Version 2). While the first version laid out the broad framework of the ASEAN Taxonomy, Version 2 consists of the (a) complete Foundation Framework comprising detailed methodologies for assessing economic activities; and (b) Technical Screening Criteria (...

The independent Bangko Sentral ng Pilipinas (BSP) on Thursday, Dec. 22, launched its 11-point Sustainable Central Banking (SCB) Strategy, four years after issuing its first sustainability principles. BSP Governor Felipe M. Medalla said the 11-point strategy is its own sustainability commitment tha

Law student Julian Spiteri was only 19 years old when he died in a traffic accident just over a year ago. He left behind a wealth of goals and dreams that his p

On March 21, 2022, the Securities and Exchange Commission (“SEC”) proposed new rules (the “Proposal”) that, if finalized, will require reporting companies to disclose climate-related...

This edition of the Update covers: 1. Recent legal and regulatory developments, including the release of ASIC's immunity policy for market misconduct offences, a FATF...

“Climate finance across debt and equity capital markets, syndicated and bilateral lending, project finance, structured products, derivatives and securities finance represents an estimated global revenue pool of more than US$25 billion annually over the next decade.” Green financing will play an increasingly important role in global investment in the coming years, and Malaysia can play a pivotal part in this journey. A report from Boston Consulting Group (BCG) and the Global Finance Markets ...