Can Hong Kong Become Asia s Green Finance Hub?
|
|
- Magnus Newton
- 5 years ago
- Views:
Transcription
1 Can Hong Kong Become Asia s Green Finance Hub? International Climate Change Conference 2017 Pat Nie Woo Partner 21 April 2017
2 Green Bonds and Green Finance 2
3 What is a Green Bond? Investors are creditors in the issuing entity Fixed interest coupon and principal repaid at maturity Bonds traded in the securities market following issuance Debt security issued to exclusively support climate related or environmental projects Investors evaluate: Financial (rating, maturity, coupon, price); and Environmental purpose of the projects the bonds intend to support 3
4 Types of Green Bond Standards Source: 4
5 Green Bond market development Source: 5
6 Green Bond issuance by region Source: 6
7 The PRI is the world's leading proponent of responsible investment. Over 1,400 investment managers signatories Help investment community understand the implications of ESG factors Support integration of ESG into investment and ownership decisions Encourage investors to use responsible investment to enhance returns and better manage risks Supported by the UN, to engage with global policy makers 7
8 Sustainability Funds Source: 8
9 Developments in Hong Kong 9
10 Carrie Lam s manifesto Source: 10
11 Financial Services Development Council paper Hong Kong s Current Position on Green Finance Market-driven developments - First green bond issuance - Hang Seng Corporate Sustainability Index Series - Investor network Regulatory developments - Hong Kong developments - Securities and Futures Commission Principles of Responsible Ownership consultation Policy developments - Cleaner Production Partnership Programme - The Carbon Footprint Repository Source: Hong Kong Financial Services Development Council Hong Kong as a Regional Green Finance Hub (May 2016) FSD Paper No
12 New Developments in Hong Kong Hong Kong as a Regional Green Finance Hub Recommendations for Action NEAR FUTURE: 1. Strategic green bond issuance 2. Continuing coordination on green finance activities 3. Supporting growth of a green investor base 4. Developing and implementing green labelling and green project accreditation schemes MEDIUM FUTURE: 1. Public listings for green sector companies 2. Support for private equity 3. Climate and environmental risks to investment portfolios 4. Providing supporting services for emissions trading Source: Hong Kong Financial Services Development Council Hong Kong as a Regional Green Finance Hub (May 2016) FSD Paper No
13 Developments in China 13
14 China: 13 th 5-year Plan 13 th Five Year Plan ( ) 14
15 China: 13th 5-year Plan The overarching goal of the 13 th 5-year Plan is to create a moderately prosperous society by the 100 th year from the founding of Chinese Communist Party. The five major goals of the moderately prosperous society are outlined as: 1. Maintaining moderate to high speed economic growth, with priority in balance, inclusion and sustainability; 2. Improving the people s overall welfare, with a key focus on public services, employment rates, income disparities and the literacy rate; 3. Improving people s mannerisms and cultural understanding; 4. Increasing efforts in environmental preservation and sustainability; and 5. Reforming the policies to be more stable and mature. Beyond the goal of creating a moderately prosperous society, the plan emphasized that development in China needs to reflect five major concepts: 1. Innovation, 2. Regional development, 3. Green development, 4. Open development and international cooperation, and 5. Shared development and the people s welfare. Policies outlined in the plan were framed in terms of the aforementioned five concepts, along with a concluding statement regarding the need to strengthen the leadership of the Party. 15
16 China: 13th 5-year Plan Source: World Resources Institute 16
17 Establishing China s Green Financial System 14 Specific recommendations in 4 areas for establishing China s green finance system: Specialized Investment Institutions Financial Infrastructure 1. Green Banks 2. Green Funds 3. Green the Development Banks 7. Carbon Markets 8. Green Ratings 9. Green Stock Indices 10. Environmental Cost Analysis 11. Green Investor Network Financial Infrastructure 4. Discounted Green Loans 5. Green Bonds 6. Green IPO Legal Infrastructure 12. Green Insurance 13. Lender Liability 14. Compulsory Disclosure Source: Final Report of the Green Finance Task Force, April
18 Belt and Road Initiative Key areas of co-operation 1. Policy co-ordination 2. Facilities connectivity 3. Unimpeded trade 4. Financial integration 5. Peaceful co-existence The Silk Road Fund Set up as a limited liability company in December 2014 with its founding shareholders including: o China s State Administration of Foreign Exchange; o The China Investment Corp; o The Export-Import Bank of China; and o The China Development Bank US$40 billion Established to finance the Belt and Road Initiative Invest mainly in infrastructure and resources, as well as in industrial and financial cooperation Source: The Hong Kong Trade Development Council s Research Team The Asian Infrastructure Investment Bank New multilateral development bank Set up to complement and cooperate with existing multilateral banks to address infrastructure needs in Asia Focus on the development of infrastructure and other productive sectors in Asia, including o Energy and power; o Transportation and telecommunications; o Rural infrastructure and agriculture development; o Water supply and sanitation; o Environmental protection; o Urban development; and o Logistics. 18
19 Infrastructure Financing Facilitation Office 19
20 How can HK capture this opportunity 20
21 Multi-Stakeholder approach required Financial Services & Treasury Bureau Pls insert global coverage picture Hong Kong Green Finance Task Force 21
22 Others are acting fast Source: 22
23 Conclusion 23
24 Conclusion The Green Finance space remains nascent but growing fast The Government has the intention to develop Hong Kong into a Green Finance Hub Hong Kong must act proactively to develop the appropriate economic ecosystem to grow the Green Finance market China s policies align significantly with Hong Kong s ambition to be a Green Finance Hub Other cities globally are moving fast to capture this market 24
25 Thank you
ESG and Sustainability Risk Advisory Services
ESG and Sustainability Risk Advisory Services We are a risk advisory firm specializing in environmental, social and governance (ESG) and sustainability risk management for the global investment and business
More informationSUSTAINABILITY AND ISLAMIC FINANCE
15th Kuala Lumpur Islamic Finance Forum SUSTAINABILITY AND ISLAMIC FINANCE Zainal Izlan Zainal Abidin Securities Commission Malaysia 9 April 2019 Essence of Sustainability Meeting the needs of the present
More informationHong Kong: Will service exports shine again?
Jackit Wong Senior Economist jackitwswong@hangseng.com Thomas Shik Acting Chief Economist thomasshik@hangseng.com Hong Kong: Will service exports shine again? Since the end of the global financial crisis,
More informationIMPACT INVESTING MARKET MAP
IMPACT INVESTING MARKET MAP WHITE PAPER DOCUMENT FOR CONSULTATION An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact WHITE PAPER - DOCUMENT FOR CONSULTATION FOREWORD
More informationAllianz Global Investors. ESG Policy Framework
Allianz Global Investors ESG Policy Framework Introduction Allianz Global Investors (AllianzGI) is one of the world s leading active investment managers, providing a diverse range of active investment
More information+ 50% by In the short term: 50% increase in low carbon investments. + investment
Responsible investment Our investment strategy to address climate change Table of contents Investing in light of a changing climate Summary Four principles A rigorous process A risk and opportunity analysis
More informationLee Kuan Yew Shool of Public Policy Singapore, 14 November 2017 Lecture by Anne Le Lorier First Deputy Governor of the Banque de France
Lee Kuan Yew Shool of Public Policy Singapore, 14 November 2017 Lecture by Anne Le Lorier First Deputy Governor of the Banque de France Catching up? The financial sector and the challenges of climate change
More informationFrom Zero to Hero lessons and experiences from the growth of the Chinese green bond market
From Zero to Hero lessons and experiences from the growth of the Chinese green bond market Alan XiangruiMeng Green Bond Analyst Climate Bonds Initiative March 2018 Which is green? What is a green bond?
More informationICMA and HKMA co-host the 2018 Green and Social Bond Principles Annual General Meeting and Conference in Hong Kong
Press Release June 14, 2018 ICMA and HKMA co-host the 2018 Green and Social Bond Principles Annual General Meeting and Conference in Hong Kong The International Capital Market Association (ICMA) and the
More informationDetailed Recommendations 14: Make Environmental Information Disclosure Mandatory
Detailed Recommendations 14: Make Environmental Information Disclosure Mandatory 14 This is a background paper to the report: Establishing China s Green Financial System published by the Research Bureau
More informationSustainable Investing
FOR INSTITUTIONAL/WHOLESALE/PROFESSIONAL CLIENTS AND QUALIFIED INVESTORS ONLY NOT FOR RETAIL USE OR DISTRIBUTION Sustainable Investing Investment Perspective on Climate Risk February 2017 Clients entrust
More informationBelt and Road Initiative (BRI) Clement Cheung Chief Executive Officer Insurance Authority 12 October 2018
Belt and Road Initiative (BRI) Clement Cheung Chief Executive Officer Insurance Authority 12 October 2018 1 What is BRI Source: Swiss Re Economic Research & Consulting. 2 What is BRI Five Areas of Connectivity
More information***Revised*** Additions shown by underscoring; deletions shown by strikethrough
***Revised*** Additions shown by underscoring; deletions shown by strikethrough Office of the Chief Investment Officer I-1 TO MEMBERS OF THE COMMITTEE ON INVESTMENTS / INVESTMENT ADVISORY GROUP: For Meeting
More informationStatement on Climate Change
Statement on Climate Change BMO Financial Group (BMO) considers climate change one of the defining issues of our generation. Everyone, including BMO, bears responsibility for the effectiveness of the response.
More informationRESULT OF THE SURVEY ON THE PERFORMANCE OF ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORTING OF HONG KONG LISTED COMPANIES
RESULT OF THE SURVEY ON THE PERFORMANCE OF ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORTING OF HONG KONG LISTED COMPANIES AGENDA Background Survey methodology and population Survey key findings ESG reporting
More informationMCGILL GUIDE TO UNIT-LEVEL CLIMATE AND SUSTAINABILITY ACTION PLANNING
MCGILL GUIDE TO UNIT-LEVEL CLIMATE AND SUSTAINABILITY ACTION PLANNING Prepared by the McGill Office of Sustainability January 2018 Introduction Context McGill adopted a Climate and Sustainability Action
More informationMeeting on the Post-2015 Development Agenda for LDCs, LLDCs and SIDS in Asia and the Pacific: Nepal s Perspective
Meeting on the Post-2015 Development Agenda for LDCs, LLDCs and SIDS in Asia and the Pacific: Nepal s Perspective Yuba Raj Bhusal, Member Secretary National Planning Commission, Nepal Contents 1. Nepal:
More informationUnited Nations Environment Programme Finance Initiative (UNEP FI) Principles for Sustainable Insurance (PSI)
United Nations Environment Programme Finance Initiative (UNEP FI) Principles for Sustainable Insurance (PSI) HSBC Progress Report 2013 Prepared by: HSBC Insurance Holdings Plc Date: 22 April 2014 UNEP
More informationAustrian Climate Change Workshop Summary Report The Way forward on Climate and Sustainable Finance
Austrian Climate Change Workshop 2018 - Summary Report The Way forward on Climate and Sustainable Finance In close cooperation with the Austrian Federal Ministry of Sustainability and Tourism, Kommunalkredit
More informationRoles & Challenges of Development Assistance in LDCs
Ministry of Finance International Economic Cooperation Coordination Division Roles & Challenges of Development Assistance in LDCs Ms. Anita Bhattarai Section officer, Ministry of Finance Government of
More informationQUESTIONNAIRE FOR EU-PCD REPORT 2015: CONTRIBUTIONS FROM MEMBER STATES
QUESTIONNAIRE FOR EU-PCD REPORT 2015: Brief Introduction CONTRIBUTIONS FROM MEMBER STATES The European Union is a major global actor and its non-developmental policies have the potential for substantial
More informationCSR 2016 & 2017 HIGHLIGHTS
CSR 2016 & 2017 HIGHLIGHTS LAURENCE PESSEZ, HEAD OF CSR SEPTEMBER 15 th, 2017 1 2016-2017: CSR BETWEEN CONTINUITY AND ENHANCEMENT 2 A CSR strategy firmly aligned with the UN Sustainable Development Goals
More informationSUPPLEMENT IV TO THE MAINLAND AND HONG KONG CLOSER ECONOMIC PARTNERSHIP ARRANGEMENT
[Cursory Translation] SUPPLEMENT IV TO THE MAINLAND AND HONG KONG CLOSER ECONOMIC PARTNERSHIP ARRANGEMENT To further enhance the level of economic and trade exchanges and cooperation between the Mainland(
More informationResponsible investments. at Nordea Life & Pensions
Responsible investments at Nordea Life & Pensions Nordea Life & Pensions signed the UN Principles for Responsible Investments in 2014 and since then we have been working on implementing the principles
More informationStrategic Development of Green Bond Market in Hong Kong
Strategic Development of Green Bond Market in Hong Kong Overview and Considerations for Future Actions of the Government 19th October 2017 Emission (GtCO 2 ) Impact of climate change Selected greenhouse
More informationMEMORANDUM OF UNDERSTANDING ON THE IMPLEMENTATION OF THE NORWEGIAN FINANCIAL MECHANISM between THE KINGDOM OF NORWAY,
MEMORANDUM OF UNDERSTANDING ON THE IMPLEMENTATION OF THE NORWEGIAN FINANCIAL MECHANISM 2014-2021 between THE KINGDOM OF NORWAY, hereinafter referred to as Norway and THE REPUBLIC OF, hereinafter referred
More informationSustainable Finance Research Executive Summary. Commissioned by HSBC 2016
Sustainable Finance Research Executive Summary Commissioned by HSBC 16 East & Partners is a leading specialist business banking market research and analysis firm. The firm s core expertise is in the provision
More informationFrom Zero to Hero lessons and experiences from the growth of the Chinese green bond market
From Zero to Hero lessons and experiences from the growth of the Chinese green bond market Alan XiangruiMeng Green Bond Analyst Climate Bonds Initiative March 2018 Which is green? What is a green bond?
More informationEUROPEAN COMMISSION. Observations on the Partnership Agreement with the Netherlands
Ref. Ares(2014)1617982-19/05/2014 EUROPEAN COMMISSION Introduction Observations on the Partnership Agreement with the Netherlands The observations set out below have been made within the framework of the
More informationPERSPECTIVES SERIES GREENING THE FINANCIAL SYSTEM: GREEN BONDS ANGELA CHAN AND MARK CHAN 15 MARCH 2018
PERSPECTIVES SERIES GREENING THE FINANCIAL SYSTEM: GREEN BONDS ANGELA CHAN AND MARK CHAN 15 MARCH 2018 1 OVERVIEW Background to green finance and Green Bonds The Green Bond Principles (2017) Climate Bond
More informationCorporate responsibility. Mitigating environmental, social and governance (ESG) risks in underwriting and investment management
Corporate responsibility Mitigating environmental, social and governance (ESG) risks in underwriting and investment management 2 Corporate responsibility Version 1.0 Corporate responsibility Version 1.0
More informationCurrent Topic. Sustainable Finance
Current Topic Sustainable Finance Date: Wednesday, 20 June 2018 Time: Venue: CPD: SID Member: Non-SID Member: 9.00 am to 11.00 am (Registration at 8.30 am, Breakfast provided) Singapore Sustainability
More informationClimate Change, Water, Forests, and Commodities. Fiona Reynolds, Managing Director CDP event, Tokyo 24 th October 2017
Climate Change, Water, Forests, and Commodities Fiona Reynolds, Managing Director CDP event, Tokyo 24 th October 2017 THE PRI Investor-led, supported by the United Nations The PRI works with its international
More informationInvestment Insight Engage or divest? The carbon debate
November 2015 Kirsten Temple Senior Consultant JANA Kirsten is the Head of JANA s Environmental Social and Governance (ESG) & Socially Responsible Investment (SRI) team. In this role, she is responsible
More informationPGGM Responsible Investment in Real Estate
pggm.nl pggm.nl PGGM Responsible Investment in Real Estate January 2018 Responsible Investment in Real Estate 1. Introduction On behalf of its clients, PGGM Investments manages several real estate investment
More informationReview of the Federal Financial Sector Framework
November 15, 2016 Financial Institutions Division Financial Sector Policy Branch Department of Finance Canada James Michael Flaherty Building 90 Elgin Street Ottawa, ON K1A 0G5 Re: Review of the Federal
More informationCorporate Responsibility 2012 GRI Financial Services Sector Supplement
Corporate Responsibility 2012 GRI Financial Services Sector Supplement Table of Contents FS1 Environmental and Social Policies... 3 FS2 Risks Assessment... 3 FS3 Implementation/Compliance... 4 FS4 Staff
More informationHow Investor Relations Contribute To Corporate Governance. Richard Tsang Chairman Strategic Public Relations Group
How Investor Relations Contribute To Corporate Governance Richard Tsang Chairman Strategic Public Relations Group Hong Kong - A Revered Global Financial Hub Long-standing vibrant business and international
More informationResponsible Investment Policy
Avon Pension Fund Responsible Investment Policy November 2016 Avon Pension Fund Responsible Investment Policy Introduction and Purpose The Avon Pension Fund ( Fund ) is a long-term investor. Our aim is
More informationIndicator 6.a.1: Amount of water- and sanitation-related official development assistance that is part of a government-coordinated spending plan
Goal 6: Ensure availability and sustainable management of water and sanitation for all Target 6.a: By 2030, expand international cooperation and capacity-building support to developing countries in water-
More informationINVESTMENT STEWARDSHIP REPORT: ASIA-PACIFIC
INVESTMENT STEWARDSHIP REPORT: ASIA-PACIFIC Q4 2017 DECEMBER 1, 2017 Contents Engagement and Voting Highlights... 2 Engagement and Voting Statistics... 7 Active Ownership and Responsible Leadership...
More informationGreen Bond / Green Bond Programme. Independent External Review Form
Green Bond / Green Bond Programme Independent External Review Form Section 1. Basic Information Issuer name: GLP J-REIT Green Bond ISIN or Issuer Green Bond Framework Name, if applicable: GLP J-REIT 12th
More informationSASB & The Investment Integration Project (TIIP) Moderator: William Burckart of TIIP Speakers: Steve Lydenberg of TIIP, and Janine Guillot of SASB
SASB & Moderator: William Burckart of TIIP Speakers: Steve Lydenberg of TIIP, and Janine Guillot of SASB 1 2/24/2016 2016 SASB All investing has an impact Broad spectrum of activity But we ve seemingly
More informationPRI Reporting Framework Main definitions 2018
PRI Reporting Framework Main definitions 2018 November 2017 reporting@unpri.org +44 (0) 20 3714 3187 Table of Contents Introduction 2 ESG issues 3 Active/ Passive investments 4 ESG incorporation 5 Active
More informationCORPORATE GOVERNANCE & RESPONSIBLE INVESTMENT
2015 ANNUAL REPORT CORPORATE GOVERNANCE & RESPONSIBLE INVESTMENT 2015 Corporate Governance & Responsible Investment Annual Report Contents Message from Daniel E. Chornous, CIO, RBC Global Asset Management...
More informationABP as a force for good
ABP as a force for good Responsible investment policy RESPONSIBLE INVESTMENT POLICY Rotterdam, October 6th 2017 Corien Wortmann Chair of the board of ABP 1 Agenda: ABP s ambition as a force for good Objectives
More informationbcimc s Approach to Climate Change Jennifer Coulson Manager, Shareholder Engagement
bcimc s Approach to Climate Change Jennifer Coulson Manager, Shareholder Engagement Outline Overall Responsible Investment Approach & Where Climate Change Fits Climate Change Research Climate Change Engagement
More informationChina s 12 th Five Year Plan
China s 12 th Five Year Plan Hongbin Cai Guanghua School of Management Peking Unviersity 2011/12/21 1 Background of the Plan Theme and objectives of the Plan Specific Initiatives of the Plan Implications
More informationRESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE
RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE OUR APPROACH NOT ALL RESPONSIBLE INVESTMENT SOLUTIONS ARE CREATED EQUAL Different organizations define responsible investing in different
More informationResponsible Property Investment
Excellence. Responsibility. Innovation. Real Estate Responsible Property Investment Strategy and Policy March 2016 For institutional investors only Contents Responsible Property Investment Strategy and
More informationDetailed Recommendations 11: Create Green Investor Networks
Detailed Recommendations 11: Create Green Investor Networks 11 This is a background paper to the report: Establishing China s Green Financial System published by the Research Bureau of the People s Bank
More informationThis is your presentation title
This is your presentation title Hong Kong in the New Sino-U.S. Relations Alexa Lam Professor of Legal Practice, The University of Hong Kong 1 China s Domestic Economy Economic rebalancing and structural
More informationSUSTAINABLE FINANCE ROADMAPS
SUSTAINABLE FINANCE ROADMAPS ALIGNING FINANCE WITH A RESILIENT AND SUSTAINABLE ECONOMY A briefing paper for the 2018 United Nations Environment Programme Finance Initiative (UNEP FI) Conference in Sydney
More informationEnvironmental, Social, Governance and Impact policy 2016
Environmental, Social, Governance and Impact policy 2016 1. Belief statement We believe that applying ethical, social and environmental values to each investment decision builds a better world for current
More informationJoint Statement of the 2 nd China-Germany High Level Financial Dialogue
Joint Statement of the 2 nd China-Germany High Level Financial Dialogue Expanding two-way opening-up and deepening pragmatic cooperation to bring the China-Germany financial relations to a new high January
More informationEnvironmental, Social and Governance Policy Statement
Environmental, Social and Governance Policy Statement Background: Ranger Investment Management ( Ranger ) has a fiduciary duty to act in the best long-term economic interests of our investors. By rigorously
More informationGREEN BANKING IN ASIA + 3
ENVIRONMENT, CLIMATE CHANGE AND LOW CARBON DEVELOPMENT GREEN BANKING IN ASIA + 3 Edi Setijawan involvement Introduction 1. What is Green Banking? Planet People ALL PRODUCTS FUNDING LENDING Profit CSR driver
More informationEAST AFRICAN COMMUNITY. CHALLENGES AND OPPORTUNITIES OF CLIMATE CHANGE: Post COP19 Perspective of East African Civil Society Organizations
EAST AFRICAN COMMUNITY CHALLENGES AND OPPORTUNITIES OF CLIMATE CHANGE: Post COP19 Perspective of East African Civil Society Organizations EAC Climate Change Policy Framework 5 th December 2013 Arusha,
More informationHOW ETHIOPIA IS DOING TO MEET SDGS
HOW ETHIOPIA IS DOING TO MEET SDGS Habtamu Takele October 2018 Addis Ababa Outline of the presentation 1. Introduction 2. Contribution of Ethiopia to the preparation of SDGs 3. Owning the 2030 Sustainable
More information1. Do the trustees accept the TCFD conclusion that pension funds are potentially exposed to financial risks through climate change?
Strathclyde Pension Fund Response to Environmental Audit Committee Green Finance Enquiry Request for Information 1. Do the trustees accept the TCFD conclusion that pension funds are potentially exposed
More informationGENERAL SYNOD. Debate on a Motion from the National Investing Bodies
GENERAL SYNOD GS 2093 Debate on a Motion from the National Investing Bodies Summary In 2015, General Synod affirmed its support for the newly adopted climate change policy of the Church of England National
More informationLaSalle Investment Management Global Sustainability Platform Annual Report
LaSalle Investment Management Global Sustainability Platform Annual Report At LaSalle Investment Management, we remain committed to the growth of our global sustainability platform as an integral part
More informationResponsible Investment Policy. July 2017
Responsible Investment Policy July 2017 Apax Partners Responsible Investment Policy July 2017 2 Mission Statement Apax s mission is to cultivate and help realize the potential of portfolio companies, their
More informationOICV-IOSCO 2013 LUXEMBOURG ANNUAL CONFERENCE
OICV-IOSCO 2013 LUXEMBOURG ANNUAL CONFERENCE RESPONSIBLE INVESTMENTS THE RIGHT APPROACH TO CHANNEL PRIVATE CAPITAL IN VIEW OF SOLVING SOCIAL PROBLEMS (Thursday, 19 th September) Environmental Should we
More informationDNB Boligkreditt. May 2018
DNB Boligkreditt May 2018 1 The DNB Group DNB ASA DNB Bank ASA Aa2 / A+ DNB Life and Asset Management (Senior/ short term issuance) DNB Boligkreditt AS (Green) Covered Bonds: AAA / Aaa 100% owned by DNB
More informationCIVIL SOCIETY AID TRENDS 2015 Baobab Briefing No 3
JANUARY 215 CIVIL SOCIETY AID TRENDS 215 Baobab Briefing No 3 INTRODUCTION Major international civil society organisations (ICSOs) are increasingly taking a global perspective on the potential sources
More informationImage: The Caribbean Sea and Curacao RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE
Image: The Caribbean Sea and Curacao RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE OUR APPROACH NOT ALL RESPONSIBLE INVESTMENT SOLUTIONS ARE CREATED EQUAL Different organisations define
More informationAsset and Wealth Management Research Digest
Asset and Wealth Management Research Digest PwC AWM Asia Pacific Market Research Centre October 2018 Responsible Investing in Asia-Pacific Globally, there has been an increased on responsible investing
More information2018 ECOSOC Forum on FfD Zero Draft
23 March 2018 2018 ECOSOC Forum on FfD Zero Draft 1. We, ministers and high-level representatives, having met in New York at UN Headquarters from 23 to 26 April 2018 at the third ECOSOC Forum on Financing
More informationAnAlysis of EuropEAn biotech companies on the stock markets: us Vs EuropE the Analysts View. The Analysts View
AnAlysis of EuropEAn biotech companies on the stock markets: us Vs EuropE The Analysts View 18 The rise of ESG investing investing with a purpose with environmental, social or governance (EsG) aims in
More informationMobilising Finance to Support the Global Goals for Sustainable Development: Aviva s Calls to Action
Mobilising Finance to Support the Global Goals for Sustainable Development: Aviva s Calls to Action September 2015 2 Foreword By Mark Wilson I ve always been crystal clear why I m in business: to make
More informationNational Plan Commission April 2018 Addis Ababa
National Plan Commission April 2018 Addis Ababa Overview of the Session 1. Introduction 2. Contribution of Ethiopia to the preparation of SDGs and Owning the 2030 Sustainable development Agenda 3. Policy
More informationIreland Strategic Investment Fund. Sustainability and Responsible Investment Strategy
Ireland Strategic Investment Fund Sustainability and Responsible Investment Strategy December 2017 Ireland Strategic Investment Fund (ISIF) Sustainability and Responsible Investment Strategy This strategy
More informationCACHE LOGISTICS TRUST AND SEMBCORP SIGN DEAL FOR 7.9 MEGAWATT ROOFTOP SOLAR POWER PROJECT
CACHE LOGISTICS TRUST AND SEMBCORP SIGN DEAL FOR 7.9 MEGAWATT ROOFTOP SOLAR POWER PROJECT - Sembcorp to install over 20,000 solar panels atop three of Cache s logistics warehouses - One of these, Commodity
More informationThe Green Bond Principles. Beijing, September 2016
The Green Bond Principles Beijing, September 2016 Table of Contents 1. Green Bond Global Market Overview and Green Bond Principles 2. Market Dynamics and Key Developments 1. Green Bond Global Market Overview
More informationClimate Bonds Standard Version 3.0
Climate Bonds Standard Version 3.0 Climate Bonds Initiative 1 Table of Contents The structure of the Climate Bonds Standard had been adjusted to better reflect its consistency and alignment with the Green
More informationBoao Forum for Asia Annual Conference 2016 Session Summary (No. 82)
Boao Forum for Asia Annual Conference 2016 Session Summary (No. 82) Boao Forum for Asia Institute March 25, 2016 Luncheon 5 A Conversation with Multilateral Financial Institutions Leaders Time: 12:15-14:15,
More informationThe Sustainable Stock Exchanges Initiative An Overview for Issuers and Investors ADVANCED SUPPLY CHAIN COMPLIANCE SERIES
The Sustainable Stock Exchanges Initiative An Overview for Issuers and Investors ADVANCED SUPPLY CHAIN COMPLIANCE SERIES March 14, 2017 Michael Littenberg Michael Littenberg is a partner in the securities
More informationCPPIB Green Bond Presentation
Green Bond Presentation At, we view climate change as one of the world s most significant physical, social, technological and economic challenges. Given our exceptionally long investment horizon, we actively
More informationGreen trade liberalisation - Green Goods Initiative
Green trade liberalisation - Green Goods Initiative Civil society meeting, 11 June 2014 1. What are green/environmental goods and services? Term used in the Doha Ministerial Declaration/DDA negotiations
More informationForward-looking Statements
2016 Annual Results Forward-looking Statements This presentation and subsequent discussion may contain certain forward-looking statements with respect to the financial condition, results of operations
More informationImplementation of Sustainable Development Goals in the European Union. Focus on development cooperation. Carlos BERROZPE GARCÍA
Implementation of Sustainable Development Goals in the European Union Focus on development cooperation Carlos BERROZPE GARCÍA Head of Sector SDGs DG International Cooperation and Development European Commission
More informationThe Bank of East Asia, Limited 2017 Final Results - Highlights (for year ended 31 st December, 2017)
For Immediate Release Hong Kong, 22 nd February, 2018 The Bank of East Asia, Limited 2017 Final Results - Highlights (for year ended 31 st December, 2017) Strong results delivering EPS growth of 165% to
More informationPRI REPORTING FRAMEWORK 2018 Direct Listed Equity Incorporation
PRI REPORTING FRAMEWORK 2018 Direct Listed Equity Incorporation November 2017 reporting@unpri.org +44 (0) 20 3714 3187 Understanding this document In addition to the detailed indicator text and selection
More informationBriefing: Developing the Scotland Rural Development Programme
Briefing: Developing the Scotland Rural Development Programme 2014-2020 Summary The European Agricultural Fund for Rural Development (EAFRD) has explicit environmental objectives and remains the most significant
More informationAustralian International Education Conference
www.pwc.com.au Australian International Education Conference China: Danger, Crisis or Opportunity? October 2016 Danger Crisis Opportunity 危险 危机 机会 Our future is Asia 1 2 3 4 economic modeling is predicting
More informationRESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE
RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE THIS BROCHURE IS PRINTED ON SUSTAINABLY RESOURCED AND RECYCLED PAPER STOCK OUR APPROACH NOT ALL RESPONSIBLE INVESTING SOLUTIONS ARE CREATED
More informationThe Belt and Road Initiative: Seeking Deeper and Broader Cooperation -Key Takeaways from the Belt and Road Forum for International Cooperation
19 May 2017 The Belt and Road Initiative: Seeking Deeper and Broader Cooperation -Key Takeaways from the Belt and Road Forum for International Cooperation With a joint communique signed by the attending
More informationNavigator (1st Issue) From prospect to practice. Forging new opportunities for Hong Kong along the Belt and Road December 2017
Navigator (1st Issue) From prospect to practice Forging new opportunities for Hong Kong along the Belt and Road December 2017 Content Hong Kong Belt and Road ecosystem Overview of the Belt and Road 1 Industry
More informationUPDATE ON FINANCING CLIMATE MITIGATION IN DEVELOPING COUNTRIES AND THE ROLE OF THE WORLD BANK CARBON FINANCE UNIT
UPDATE ON FINANCING CLIMATE MITIGATION IN DEVELOPING COUNTRIES AND THE ROLE OF THE WORLD BANK CARBON FINANCE UNIT INTERNATIONAL MARITIME ORGANIZATION MARCH 30, 2011 SCOTT CANTOR CARBON FINANCE UNIT THE
More informationECONOMIC REVIEW(A Monthly Issue) April, 2014
ECONOMIC REVIEW(A Monthly Issue) April, 2014 September, 2018 Economics & Strategic Planning Department http://www.bochk.com Current Situation and Development Direction of Green Finance in Hong Kong Current
More informationMYANMAR: SYSTEMATIC COUNTRY DIAGNOSTIC (SCD)
MYANMAR: SYSTEMATIC COUNTRY DIAGNOSTIC (SCD) Ending Extreme Poverty in Myanmar World Bank Group, Myanmar Country Office Objective of the Consultation oto identify the most critical and pressing issues
More information27 th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...
Experience Next Generation Banking A monthly publication from South Indian Bank To kindle interest in economic affairs... To empower the student community... www.southindianbank.com Student s corner ho2099@sib.co.in
More informationRESPONSIBLE INVESTMENT FOR THE GEF TRUST FUND AS PART OF THE WORLD BANK TRUST FUND POOL
55th GEF Council Meeting December 17-20, 2018 Washington, D.C. GEF/C.55/13 December 4, 2018 RESPONSIBLE INVESTMENT FOR THE GEF TRUST FUND AS PART OF THE WORLD BANK TRUST FUND POOL (Discussion Note prepared
More informationWoHIT, Nice Thursday 3 April 2014
WoHIT, Nice Thursday 3 April 2014 Funding and Financial Models for Digital Health The ABC of European Funding Nicole Denjoy COCIR Secretary General What does COCIR do? COCIR is a non-profit trade association,
More informationEU budget For 500 million Europeans For growth and employment. Citizenship, freedom, security and justice. The EU as a global player
EU budget 2012 For 500 million Europeans For growth and employment 1.4 % Citizenship, freedom, security and justice Natural resources: rural development, environment and fisheries 10.9 % 40.8 % 6.4 % The
More informationGreen Bond Impact Reporting
2016 Green Bond Impact Reporting In 2015 and 2016 ABN AMRO issued green bonds focussed on sustainable real estate and renewable energy. These bonds enable investors to invest in mortgages of highly energy-efficient
More informationImage: The Caribbean Sea and Curacao RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE
Image: The Caribbean Sea and Curacao RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE OUR APPROACH NOT ALL RESPONSIBLE INVESTMENT SOLUTIONS ARE CREATED EQUAL Different organisations define
More informationFROM BILLIONS TO TRILLIONS:
98023 FROM BILLIONS TO TRILLIONS: MDB Contributions to Financing for Development In 2015, the international community is due to agree on a new set of comprehensive and universal sustainable development
More informationSeeking better outcomes.
RI summary report 2018 Seeking better outcomes. For investors, our communities and the planet. Nuveen believes that responsible investing principles can help provide enduring benefits for our clients and
More information