Sustainable Finance

China and the US say they are committed to working together and with other countries on tackling climate change. Both nations also agreed to help developing countries finance a switch to low-carbon energy.

ESG investment aims to encourage companies to consider environment (E), social (S), and corporate governance (G) issues by raising their long-term corporate value. To mitigate greenwashing and, thus, attract more investment, the world should collectively work on defining green taxonomy (environmentally sustainable or green activities) as well as transition activities that are not green but are needed in the transition process toward net-zero emissions.

The EU is racing to meet an April 21 deadline to publish the first section of its sustainable finance taxonomy, a list of economic activities that will decide which ones can be labelled as green investments in the EU from next year.

Digital Financial Inclusion and Farmers’ Vulnerability to Poverty: Evidence from Rural China

Bangladesh has approved its first green bond, to finance environmentally-friendly projects including renewables.

Happening tomorrow, 13 April — Debt-for-Climate Swaps for Small Island Developing States: An Innovative Approach to Preventing a SIDS Debt Crisis