#transition finance News
Based in Singapore, her role will involve promoting the American lender's position on climate and energy in Asia. JPMorgan was most recently in the spotlight for being among a slew of banks to exit the Net Zero Banking Alliance.
The ex-chief investment officer for Asia at Morgan Stanley Investment Management will head up the new office tasked with deploying up to US$500 million from the Singapore government towards clean energy infrastructure in the region.
Despite being endorsed as a way to mitigate emissions in Indonesia’s new power supply plan, the use of wood and crop waste in coal plants delivers minimal climate benefits while posing new pollution risks, says an environmental group.
Policy & Finance
Blended finance held steady in 2024, but could suffer impact from USAID shutdown: report
Last year, deal volumes dipped to US$18.3 billion, but still topped a five-year average figure. With the US foreign aid cuts, support from Germany, Japan, the UK, and new donors like the UAE and Singapore will be key, says blended finance network Convergence.
Carbon & Climate
Verra launches world’s first transition credits methodology
#transition finance Videos
Policy & Finance
Navigating uncertainty: AIA’s long-term bet on sustainable investing
In this wide-ranging fireside chat moderated by Eco-Business CEO Jessica Cheam, AIA Group's chief investment officer Dr Mark Konyn asserts there is “no U-turn” among corporates invested for the long term, even as political regimes change amid a new world order.
There is consensus that coal needs to be retired early in Asia, but the mechanisms for financing the phase-out are not clear. This mini-documentary examines how transition credits work and whether they can fund Southeast Asia's equitable switch to clean power.
#transition finance Podcasts
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.
