Asean’s first ever adaptation guide warns against financing projects that worsen climate risks under the guise of adaptation, such as monocultures and replanting drained peats.
Campaigners criticised the bank for putting jobs and private capital ahead of climate at its annual meetings.
The green transition isn’t just about protecting the environment, but about increasing competitiveness and security, ECB executive board member Frank Elderson said.
Ministers say renewables no longer need €17bn a year in support, but industry and environmental groups fear the cuts will slow investment.
Malaysia’s regulators are exploring a centralised nature-data platform, but will better data help banks assess environmental risks and make nature-positive projects bankable?
Most banks say climate-related risks are already captured in market prices, with only few explaining how these risks are reflected in banks’ financial statements.
ECB and Brussels need to coordinate to ensure a green transition, say experts …
The World Bank and IMF are retreating from climate action under US pressure, risking deeper vulnerability as climate shocks intensify.
Japanese policymakers should work with the investment sector to ensure its economic growth plans help the energy transition, argues policy expert Sam Hall.
The country wants fairer export terms for the regional initiative, while calling for more investment in its planned 100GW solar buildout.
Better emissions data could help central banks identify genuine decarbonisation and clarify financial risk, writes Ramana Gudipudi.
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