Asia

“How to Develop a National Green Taxonomy for Emerging Markets – A New World Bank Guide” – The World Bank – July 12, 2020

In a press release published on July 12, 2020 The World Bank announced that it has “published a guide outlining the processes that financial regulators can use to develop a green taxonomy. The publication Developing a National Green Taxonomy:  A World Bank Guide will help regulators in emerging economies who seek to ‘green’ their countries’ financial […]

“Olam, Deutsche Bank close Asia’s first sustainability-linked derivative” – The Straights Times – June 27, 2020

On June 27, 2020 The Straights Times reported that “(a)gri-business group Olam International and Deutsche Bank have executed Asia’s first foreign exchange (FX) derivative linked to key environmental, social and governance (ESG) standards. The ESG-linked FX (Thai baht/US dollar) forward enables Olam to lock in a discount when it meets pre-defined ESG targets that support […]