Daily BriefsSingapore

Singapore: DBS and more

In today’s briefing:

  • Green Banking in ASEAN: An Assessment of ASEAN Banks’ Sustainable Finance Policies

Green Banking in ASEAN: An Assessment of ASEAN Banks’ Sustainable Finance Policies

By Kyle Rudden

  • Combating climate change is a global imperative, and is particularly urgent for Southeast Asia which faces a disproportionate share of the adverse physical, social, and economic impacts.
  • ASEAN nations have demonstrated a strong commitment to climate action and have made real progress in certain areas, but require substantial climate financing to achieve their targets.
  • All regional ASEAN banks will play a critical role in climate finance, but those at the forefront of sustainable/green finance are poised to benefit from the region’s climate transition.

Before it’s here, it’s on Smartkarma