How Sustainable Trade Finance is Reshaping Our Future
Knowledge Hub In an era where global trade is the backbone of economies, accounting for approximately 25% of the global GDP, its environmental impact is undeniable. With international trade being responsible for 20% to 30% of global greenhouse gas (GHG) emissions and 80% to 90% of these activities reliant on trade finance, the role of […]
Vietnam’s Green Transition: Shaping a Sustainable Future through Policy, Finance, and International Collaboration
Knowledge Hub Vietnam is not just setting climate goals, but also building the legal, financial, and institutional architecture to make them happen. From strategies like Decision No. 1658/QD-TTg to innovative green credit frameworks and global financial partnerships, the country is quickly moving toward a low-carbon, inclusive economy. With government agencies, banks, and international stakeholders collaborating, […]
How to Spot Greenwashing in Sustainable Finance
Knowledge Hub As sustainable investing gains momentum, so does greenwashing. From vague eco-labels to shifting the blame onto consumers, companies are adopting increasingly sophisticated tactics to appear environmentally responsible without taking real action. This article unpacks the root causes and different types of greenwashing, and highlights the regulatory and technological shifts aiming to restore transparency. […]
MAS Sets the Standard: ESG Rating Providers Embrace Transparency with New Code of Conduct
Knowledge Hub The Monetary Authority of Singapore (MAS) has taken a significant step towards enhancing transparency in the Environmental, Social, and Governance (ESG) space by publishing its finalized Code of Conduct for ESG Rating and Data Product Providers. Following a successful public consultation from June to August 2023, this groundbreaking initiative aims to establish industry-wide […]
Overview: EU Regulation on Deforestation-Free Products
Knowledge Hub The enforcement of new EU regulations against deforestation may have a significant impact on Vietnam’s agricultural exports to Europe, as Vietnamese goods will have to comply with more stringent conditions. Nonetheless, there are positive aspects to consider when examining the potential consequences. This article will provide an overview of the new EU regulations […]
Key EU Sustainability Reporting Regulations Explained
Knowledge Hub Relevant Legislation: Corporate Sustainability Reporting Directive (CSRD) – 2022/2464/EU EU Taxonomy Regulation – 2020/852/EU Sustainable Finance Disclosure Regulation (SFDR) – 2019/2088/EU Non-Financial Reporting Directive (NFRD) – 2014/95/EU Table of Contents Corporate Sustainability Reporting Directive (CSRD) Almost 50,000 companies expected to be impacted by CSRD (three quarters of business in the European Economic Area). CSRD will […]
MAS Unveils World’s First Multi-Sector Transition Taxonomy, Paving the Way for Sustainable Finance Innovation
Knowledge Hub The Monetary Authority of Singapore (MAS) has launched the Singapore-Asia Taxonomy for Sustainable Finance, the world’s first taxonomy to formally define “transition” activities. Promoting decarbonization pathways, encouraging early coal phase-out, and aligning with global financing standards, the taxonomy will be an important framework to support Asia’s shift to net-zero. Table of Contents What […]
Sustainable Finance’s Quest for Data Transparency
Knowledge Hub Sustainability-Linked Loans (SLLs) hit $362 billion in 2022, offering borrowers incentives to meet sustainability targets tied to their interest rates. Nonetheless, challenges like data transparency and greenwashing remain. To address these, IoT solutions can provide real-time, reliable ESG data, ensuring genuine sustainability and that SLLs can truly empower positive environmental impact. Table of […]
The Data-Powered Revolution in Carbon Services
Knowledge Hub In the wake of pressing global concerns about climate change, the emergence of Carbon Services has become a pivotal force in propelling us towards a more sustainable future. These services, integral to the larger ESG (Environmental, Social, and Governance) FinTech landscape, are revolutionizing how we monitor, manage, and mitigate carbon emissions. However, beneath […]
Assessing Climate Risk Management in Financial Institutions
Knowledge Hub As the world grapples with the growing urgency of climate change, the financial sector is increasingly recognizing the importance of managing climate-related risks. However, not all financial institutions are on equal footing when it comes to addressing these risks. In a new report, the GARP Risk Institute delves into the evolving landscape of […]