Issue 164: Hong Kong eyes South-east Asia sustainable finance prize; Singapore acquires first Article 6 carbon credits

Issue 164: Hong Kong eyes South-east Asia sustainable finance prize; Singapore buys first Article 6 carbon credits


This week in ESG: Report finds growing activity in green Asean; Singapore awards contracts to four nature-based projects

Sustainable finance

South-east Asia heats up

The Asia-Pacific is growing as a climate finance hotspot as investors view for new frontiers of green growth amid a US pullback.

Fund managers are attracted to the region’s “growing pipeline of clean-energy and infrastructure projects, favourable demographics and strengthening policy support for green development,” declares a new report authored by MSCI Sustainability Institute, the Hong Kong Financial Research Institute of Bank of China and the University of Hong Kong Business School’s Jockey Club Enterprise Sustainability Global Research Institute.



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