35 years: Capital markets editorial
In this video, Keith covers some prominent Asian developments in ESG taxonomies. A number of Asian countries have moved forward with these taxonomies, including China, Japan, Singapore, Malaysia, Indonesia, South Korea, Mongolia, and Bangladesh. Each initiative is at a different stage, but by the end of this video, you will have a general idea about the direction of travel. Keith focuses on China and Japan in particular, discussing their specific goals, strategies, and implementation processes for their taxonomies. From China's Green Bond Endorsed Projects Catalogue to Japan's focus on transition finance and decarbonising electricity, this video provides a comprehensive overview of the progress being made in Asia towards sustainable finance and net-zero emissions.
In this video, Keith covers some prominent Asian developments in ESG taxonomies. A number of Asian countries have moved forward with these taxonomies, including China, Japan, Singapore, Malaysia, Indonesia, South Korea, Mongolia, and Bangladesh. Each initiative is at a different stage, but by the end of this video, you will have a general idea about the direction of travel. Keith focuses on China and Japan in particular, discussing their specific goals, strategies, and implementation processes for their taxonomies. From China's Green Bond Endorsed Projects Catalogue to Japan's focus on transition finance and decarbonising electricity, this video provides a comprehensive overview of the progress being made in Asia towards sustainable finance and net-zero emissions.
11 mins 54 secs
Asian countries have been implementing Environmental, Social, and Governance (ESG) taxonomies to promote sustainable development. China is the most advanced in Asia with three taxonomies for green loans, projects and bonds. Japan is focusing on transition finance to reach its 2050 net zero commitment and has developed a Climate Innovation Finance Strategy, which aims to decarbonise electricity and promote electrification in all sectors. A Singapore-based pan-ASEAN taxonomy is also being developed, but this has run into some challenges due to the differences between the countries.
Key learning objectives:
Outline the various taxonomies in China
Understand the Japanese approach to developing a taxonomy specifically focused on transition activities
Outline the Singapore-based pan-ASEAN taxonomy being developed and the challenges it brings
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