Chinese regulators recently proposed eliminating so-called “clean coal” from the list of projects that can raise funds using green bonds. While this may not sound like a big deal, if it goes through, it could be the start of a much-needed transformation in China’s green finance market – and a move away from coal power, which […]
- Tag "green finance"
SINGAPORE: Even though Singapore accounts for only a tiny fraction of global emissions, it aims to use “green financing”, technology and innovation to help mobilise the fight against “the ultimate challenge for humankind” of climate change, Education Minister Ong Ye Kung said on Monday (Nov 11). Mr Ong, who is also a board member of […]
SHANGHAI: Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According to Shanghai-based financial data provider Wind, 7.4 billion yuan ($1.1 billion) in green corporate […]
Existing sources of capital will not suffice to tackle climate change concerns. Here’s what needs to be done. Mumbai: A silent revolution is taking place, one which we cannot ignore. Climate change has been thrust into the foreground of the public consciousness and institutional investors are under pressure to act. This year’s annual general meeting […]