Asia Sustainable Finance Update Dec 2021
Ma Jun
Founder and President: Institute of Finance and Sustainability
In this first video, Dr Ma Jun uses a framework to describe the development of sustainable finance in Asia. He starts by outlining the development of various sustainable finance taxonomies, before moving on to discuss changes in disclosure and reporting of sustainable activities. He then discusses why incentives are required to finance sustainable activities, before finishing up by discussing some of the risks to the market as well as some of the newest sustainable finance product development.
In this first video, Dr Ma Jun uses a framework to describe the development of sustainable finance in Asia. He starts by outlining the development of various sustainable finance taxonomies, before moving on to discuss changes in disclosure and reporting of sustainable activities. He then discusses why incentives are required to finance sustainable activities, before finishing up by discussing some of the risks to the market as well as some of the newest sustainable finance product development.
Asia Sustainable Finance Update Dec 2021
10 mins 34 secs
Sustainable finance is on the rise everywhere on the planet and Asia is no different. The development of sustainable finance in Asia can be outlined through a framework describing taxonomies, disclosure, incentives, risks and products. The number of taxonomies is on the rise, this could lead to market segmentation, lack of transparency and increased transaction costs. Disclosure is very important in ensuring market transparency and ensuring that green money gets to the right green projects. Incentives are then required to attract private investment towards green projects. Climate risk analysis in Asia is a relatively new concept but is developing rapidly, there have been new requirements for banks to conduct climate risk analyses and report the results. Finally, product innovation in Asia has been very high. There has been a massive growth in green bond issuance recently, as well as an increase in the variety of products on offer in Asia.
Key learning objectives:
Identify some of the key sustainable finance taxonomies in Asia
Understand the importance of disclosure
Understand the purpose of incentives
Identify some of the key risks associated with sustainable finance
Identify some of the new green products emerging from Asia
Ma Jun
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