Financial Markets iNSiGHTS’ Post

Malaysia Carbon Market Association Collaborates With Four ASEAN Bodies To Advance Regional Carbon Trading Goals The Malaysia Carbon Market Association (MCMA) has teamed up with key organizations from ASEAN countries to create a shared approach to carbon trading. The partnership includes the Singapore Sustainable Finance Association (SSFA), the Indonesia Carbon Trade Association, the ASEAN Alliance on Carbon Markets, and the Thailand Carbon Market Club. This collaboration, formalized through a Memorandum of Cooperation (MoC), aims to establish the ASEAN Common Carbon Framework (ACCF), a unified system to streamline carbon trading across the region. As the third-largest carbon trader globally, this agreement will boost efficiency, support the shift to green finance, and ensure ASEAN’s competitive edge on […] Read the full story here: https://lnkd.in/deUjyRSS #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #asia #cleanenergy #lowcarbon #malaysia #renewableenergy #renewableenergy #solarenergy

Angkor Resources' ESG Projects in Cambodia have recently received attention from different international agencies such as the European Union, CORD United Kingdom, and Cerise SPFT. These ESG projects are aimed at improving the financial literacy of the indigenous communities there. Learn more: https://loom.ly/mYnonrE #TSX #TSXV #ANK #OTCQB #ANKOF #ResourceManagement #AngkorResources

An exciting initiative is underway in #Asean as Bangchak Corporation Public Company Limited partners with Bursa Malaysia to spearhead the development of a #carboncredit market. Thailand and Malaysia are collaborating to establish the Asean Common Carbon Framework (#ACCF), fostering discussions with other Asean nations to promote carbon credit trading. Carbon credit trade serves as a crucial economic incentive for businesses looking to reduce their carbon dioxide emissions. This trade mechanism rewards environmental projects that lower carbon emissions, such as clean energy development, by generating credits that can be sold to companies to offset their carbon footprint. The ACCF aims to boost carbon credit trading across Asean countries, setting the stage for a regional carbon trading standard. This framework could offer a cost-effective alternative to the European Gold Standard, streamlining the process and making carbon trading more accessible for businesses in the region. #CarbonCredit #Asean #Sustainability

#SaudiArabia and the #UAE will continue to dominate the regional #greenbond market. 🌍 #Global bond issuance is expected to grow by 4.3% in #2024 , with #sustainability linked instruments contributing between $950 billion and $1.05 trillion to the overall surge 📈 According to S&P Global, green, social, sustainability and sustainability-linked bonds, in 2024 could account for 14% of the total issuance for the second consecutive year. Additionally, #sovereign issuance is expected to increase in 2024, driven by sustainability pledges and third-party support schemes. ESG Middle East Insights | Read More >>> https://lnkd.in/g9s8a6WK #ESGMiddleEast #ESGReporting #ESGMiddleEastInsights #ESGdata

📢 This week we look at the characteristic features of green bonds!   🌿Green bonds are specifically designed to finance projects that deliver environmental benefits, ensuring that the proceeds are allocated exclusively to eligible green initiatives. ✔Aligned with the Green Bonds Principles (GBP), green bonds focus on four core components: the use of proceeds, project evaluation, management of proceeds, and transparent reporting. 📈With an observed increase of 16 times in issuance from 2014-2023, they present a remarkable opportunity for investors to contribute to sustainable development while achieving competitive financial returns.   💰By investing in green bonds, stakeholders not only support innovative projects like renewable energy, energy efficiency, and sustainable agriculture but also play a crucial role in combating climate change.   💡 To know more about how green bonds work, take a look at this case study on Vietnam’s BIDV (Bank for Investment and Development of Vietnam), which raised USD 104 million to support the country’s net-zero ambitions and was facilitated by The World Bank: https://lnkd.in/d4AwMX6Q   #GreenBonds #SustainableFinance #NetZero #NDCs

Karbon Offsets 10 Things: Weekly Roundup of Carbon Market and Sustainability News 1. Senator Warren, Casten, Escobar & 23 lawmakers demand President Biden administration to finalize the Climate Risk Disclosure Rule for Federal Contractors. 2. Singapore Business Federation (SBF) unveils a Singapore ‘emission factors registry’ to aid with accurate carbon reporting. 3. APS ventures into the zero-carbon data centers business with a $150 million acquisition of Taiwan's #Mobii Genius Co., Ltd. 4. UpEnergy announces Tanzania’s first Article 6 authorization for #carboncredits from cleaner #cookstoves. 5. Rolls-Royce, ASCO CARBON DIOXIDE LTD and LMPH sign MoU on CO2 recovery for power generation solutions. 6. IFC - International Finance Corporation, BNP Paribas Bank Polska launch #SRT transaction to increase #climate finance in Poland (IFC mezzanine exposure to a $548 million-equivalent). 7. Swiss Federal Council allocates CHF 135 million to Green Climate Fund (GCF) replenishment for #climateaction (2024-2027). #Sustainability #CarbonOffsets #CarbonRemoval

This forum marks a pivotal step towards enhancing #transparency, #sustainability, and responsible #governance in Africa’s# investment landscape.

🌏 Singapore Economic Development Board (EDB) and the International Emissions Trading Association (IETA) recently launched the Singapore Carbon Market Alliance (SCMA). This platform aims to facilitate access to high-quality carbon credits under Article 6 of the Paris Agreement. SCMA is part of Singapore’s broader strategy to establish itself as a carbon services and trading hub in Asia, hosting over 120 firms in the carbon management sector and investing in research on nature-based solutions. ARE's Joie Ho dives into the integrity of carbon credits, especially nature-based ones, and explores what can be done to ensure their quality. 🔎 Swipe through the slides below to find out more. #CarbonCredits #Sustainability #Singapore #ClimateAction #EnvironmentalStewardship #CarbonManagement #NatureBasedSolutions 

I was pleased to join a panel on the sidelines of #PRIinPerson focused on energy transition in South East Asia, hosted by Capital Markets Malaysia (CMM) and Asia Investor Group on Climate Change (AIGCC). Asia holds the key to the energy transition and the global achievement of net zero. Whilst we have seen good progress, remaining pain points require collaboration from multiple stakeholders to resolve. One of the key challenges is how to enable the acceleration of coal phaseout. In the context of BNP Paribas Asset Management’s newly launched Equality Roadmap https://lnkd.in/eQM9tCwM, we discussed the costs and considerations of a Just Transition and the need for continued development of sustainable disclosures and financial regulations in the ASEAN region to support the flow of capital. A long-term mindset and understanding of the local contexts and pathways are critical to investor enabling of a successful, just transition. With a significant presence in the region, BNPP AM is committed to being part of the discussion. With thanks to my fellow panelists: -Datin Azalina Adham, Managing Director of the Securities Commission Malaysia -Muazzam Mohamad F Fin, Senior Vice President, Head of Investment Stewardship Division, Permodalan Nasional Berhad -Natalia Rajewska, Global Head of Sustainable Investment, Nikko Asset Management -Moderated by Monica B., Director, Investor Practice, Asia Investor Group on Climate Change (AIGCC) Principles for Responsible Investment

Let's meet on 6 November in Lagos for the second edition of the ESG Forum, where I will participate in a panel discussion entitled "The African Carbon Market: Discussing Carbon Credits": The value of traded global markets for carbon dioxide (CO2) permits reached a record €881 billion ($948.75 billion) in 2023, with the EU ETS accounting for 87% of the global total, or €770 billion. Africa's carbon market is still in its infancy, being part of the $2 billion voluntary carbon market. - Africa has immense potential for nature-based solutions, yet we have seen only 2% of this potential converted into carbon credits. Contrary to global trends, African carbon markets are still growing, with demand increasing by 11% and supply decreasing by only 1% in 2023. How do we use innovation to strengthen the integrity of carbon credits in Africa? How do we attract more buyers and investors to the continent? How can the African private sector take advantage of the opportunities offered by carbon markets? What role should African governments play in unlocking their carbon market potential?  Join me and other distinguish panelist Paul Muthaura Jackson Hegland and Eugene Itua under the moderation of Adamu G. as we discuss carbon credits in the African carbon market. Follow the link to register for your onsite participation https://lnkd.in/eVjDe57C kindly share with those who might be interested ESG Forum Green Bond Corporation African Development Bank Group Verra Gold Standard African Circular Economy Network (ACEN) ACEN Foundation United Nations Economic Commission for Africa UNDP United Nations Environment Programme Finance Initiative (UNEP FI) #GreenInvestmemt #CarbonImpact #Africa #Nigeria