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Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero

ESG Today

The guidelines set out MAS’ supervisory expectations for the financial institutions to have a sound transition planning process, enabling effective climate change mitigation and adaptation measures by their customers and portfolio companies to manage the transition to a net zero economy, as well as the physical effects of climate change.

Net Zero 115
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Three steps to reduce emissions while restoring nature

We Mean Business Coalition

We need to halve emissions by 2030 to limit global temperature rise to 1.5°C C and avoid the most catastrophic effects of climate change, as outlined by the Intergovernmental Panel on Climate Change (IPCC). The risks of failing to take action are clear.

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This Week’s Fund News: Federated Hermes Partners with UK Museum on Biodiversity

Chris Hall

The Biodiversity Equity theme covers six key themes: land pollution, marine pollution and exploitation, unsustainable living, climate change, unsustainable farming, and deforestation. Each theme also considers multiple sub-themes aligned with the UN’s Sustainable Development Goals (SDGs).

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Take Five: From America to the World

Chris Hall

In other US climate-positive news, the Biden administration recently awarded US$4.3 In tandem – Australia and New Zealand decided to join efforts on the climate transition by aligning their sustainable finance taxonomies. We] are committed to positioning [our countries], and the Indo-Pacific region, to benefit from this shift.”

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Asia’s Banks Should Not Follow US Peers

Chris Hall

The NZBA and the Net Zero Asset Managers Initiative (NZAM)were designed to hold financial institutions accountable for their climate commitments while advancing the energy transition and global decarbonisation efforts. The withdrawal of these influential banks raises the risk of other institutions deprioritising their climate goals.

Banking 59