Lending & Credit
IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario
IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario
Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.
China’s central bank leads in green finance policies globally: report
It has refinanced loans to borrowers that would cut 28.76 million tonnes of carbon emissions.
CLP Power secures HK$1b emission reduction-linked loan
The loan was the first ESG-linked facility in the Japanese financial market.
ADB calls for ‘just, inclusive’ clean energy transition
This is to ensure no country is left behind in the transition.
Masdar Green REIT, First Abu Dhabi Bank sign $200m financing agreement
This is in support of Masdar Green REIT’s sustainable real estate portfolio.
India’s 2022 budget gives boost to its RE sector growth
The spending plan provided for the issuance of sovereign green bonds.
Philippines’ new sustainability framework restricts fossil fuel financing
Fossil fuel power-generation projects will be excluded from its green financing scheme.
Accepting gas as sustainable will hurt Korea’s green finance credentials
Regressing on what was a promising green taxonomy sends weak market signals to investors and loses competitive edge.
China needs RMB200t investment to reach net zero by 2060
An average of RMB5t worth of funds a year is needed to decarbonise its economy.
Improved green lending criteria to boost discom performance, decarbonisation goals in India
The only green parameter for credit rating is the RPO which carries “the least weight,” IEEFA says.
ADB scheme has potential to accelerate SEA green energy transition: Fitch
The scheme targets Indonesia, the Philippines, and Vietnam for its initial phase.
South Korea’s BEP to receive financing from Blackrock Real Assets
US$100m capital will be provided to Brite Energy Partners.
ABC beefs up assisstance for SMEs
ABC has increased support for small enterprises by taking various measures such as granting more loans, reducing costs, exploiting potential and...
Commentary
The supply-side blind spot in ASEAN’s data centre boom
Managing risk for Indonesia’s conventional power sector in a decarbonising economy