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Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero

ESG Today

The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today the issuance of a set of consultation papers with proposed guidelines on net zero transition planning for financial institutions, including banks, insurers and asset managers.

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This Week’s Fund News: Federated Hermes Partners with UK Museum on Biodiversity

Chris Hall

The negative impacts of biodiversity loss pose a systemic risk to the global economy and we must stop taking nature’s permanence for granted,” said Kukuljan. “We This would calculate the area’s ‘intactness’, which is the percentage of the area’s natural ecological community that still persists there.

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Take Five: From America to the World

Chris Hall

In other US climate-positive news, the Biden administration recently awarded US$4.3 In related news, NatWest Group issued this week the first bond by a UK bank dedicated to financing and re-financing electric vehicles (EV), raising net proceeds of €750 million (US$811.4

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Asia’s Banks Should Not Follow US Peers

Chris Hall

Quitting climate alliances risks trust and transparency, says Ramnath Iyer, IEEFA ‘ s Sustainable Finance Lead for Asia. The NZBA provides a framework for setting credible, science-based targets and requires banks to publicly disclose planned actions, expected timelines, and progress toward achieving these goals.

Banking 59