May 11, 2024
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Transition finance seen as a crucial tool in the fight against climate change in Asia

  • March 21, 2024

There is a US$4 trillion funding gap compared with the US$5 trillion annual investment the world needs to make by 2030 to reach the Paris Agreement’s ambition to contain global warming at 1.5 degrees Celsius by achieving net zero carbon emissions by 2050, the International Renewable Energy Agency estimated last year. 04:44 Cop28 climate summit

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Finance

China stokes Asia-Pacific demand for sustainable finance despite rising interest rates, driven by Beijing’s carbon ambitions

  • December 26, 2023

“A more favourable interest rate environment in 2024 can be conducive to increased issuance of green bonds or sustainability-linked bonds,” said Tu. “But we need to find a variety of transition financing to support companies’ decarbonisation initiatives.” A photovoltaic power generation base in Taizhou, Jiangsu province, China. Photo: Getty Images Sustainable debt is tied to

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