Amid the growing enthusiasm for carbon border taxes, Western policymakers have largely ignored the negative impact on the world’s poorest countries. For carbon-pricing policies to succeed, developed countries must show their commitment to shared prosperity by enabling knowledge-sharing and fostering equitable climate finance
17 Mar 2023
Despite the rising share of electric vehicle sales in China and elsewhere, it would be a mistake to leave matters to the market. Without more ambitious policy changes, the transition to emissions-free transportation will still be too slow to keep climate change in check
12 Mar 2023
As with many common resources, the high seas are not yet protected by a truly comprehensive, agreed-upon framework governing conservation and economic activities beyond national jurisdictions. But this must change if there is to be any hope of achieving global biodiversity goals
28 Feb 2023
The frontier Mekong economies of Cambodia, Laos and Vietnam face varying degrees of environmental, social and governance (ESG) risks with moderately to very highly negative impacts on their current sovereign ratings, according to Moody’s Investors Service.
1 Feb 2023
Regional regulators uniquely positioned to align, enhance ESG risk management, disclosure
13 Jan 2023
While some European policymakers are ambivalent about the US Democrats’ signature climate-change legislation, the American plan’s targeted, government-centred approach is far more credible than the market-based approach guiding the EU’s current green agenda. Instead of fighting the Inflation Reduction Act, Europe should embrace its pro-worker bent
11 Jan 2023
The world economy’s carbon intensity is declining at nowhere near the rate needed to limit global warming to 1.5°C. But while continuing to tout an unrealistic goal could hamper progress, as people become demotivated or simply stop viewing the effort as credible, setting a more feasible goal raises risks of its own
31 Dec 2022
Spurning ‘global pathway’, region aims to adopt one more tailored developing countries
19 Dec 2022
The transition to a carbon-neutral economy will make it impossible for competition authorities to keep operating as they have over the past few decades. To accelerate the clean energy revolution and ensure that dominant companies do not erect new barriers to market entry, policymakers must shed 40 years of conventional wisdom
15 Dec 2022
The Principles for Responsible Investment has announced the largest collaborative initiative on social issues and human rights, involving more than 220 institutional investors representing over US$30 trillion in assets under management. Launched last week at the PRI’s annual investor conference in Barcelona, the Advance initiative will involve active engagement between 120 of those investors and 40 initial focus companies within the mining and metals and renewable energy sectors.
5 Dec 2022
Efforts to reduce global greenhouse gas emissions must overcome the free-rider problem, and carbon border adjustment measures are the most effective way to level the playing field. But only a revived World Trade Organization could ensure that such a mechanism is applied fairly
2 Dec 2022
The US Securities and Exchange Commission is considering a proposal to require some companies to disclose information relating to the risks they face from climate change. But the agency is coming under pressure to scrap or water down the proposal because of a recent Supreme Court decision
25 Nov 2022
Southeast Asian parliaments have resolved to promote environmental, social and governance (ESG) approaches for both the public and private sectors while urging their governments to develop ESG performance indicators. Members of the Asean Inter-Parliamentary Assembly (AIPA) adopted an ESG resolution on Wednesday, the fourth day of a five-day meeting in Phnom Penh – the first face-to-face gathering of Asean lawmakers since 2019.
24 Nov 2022
A spotlight has been cast on the world’s wealthiest at the 27th United Nations Climate Change conference (COP27) in Sharm el-Sheikh, Egypt, where there have been renewed calls for their investments to be regulated. A wealth tax on the world’s super-rich could raise as much as US$1.4 trillion a year, an amount that could deployed towards supporting countries worst hit by the climate crisis, enabling them to adapt, address losses and damages, and transition to renewable energy.
11 Nov 2022
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