How Asia is responding to the green challenge

Banking regulations have taken different forms in different markets. The China Banking Regulatory Commission Green Credit Guidelines was one of the first. More recently eight leading banks in Indonesia signed a commitment to implement sustainable finance.

" Momentum is growing in Asia behind regulations and initiatives to tackle the growing global problem of climate change."
Benjamin McCarron, Managing Director, Asia Research and Engagement

The table below outlines these initiatives and more. 

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The table is a part of the Investing for the climate in Asia report, undertaken by Asia Research and Engagement (ARE) with the support of Australia and New Zealand Banking Group Limited (ANZ) and released as part of the re-launch of the Asia Investor Group on Climate Change (AIGCC).

The report, available later in September, reviews the practices of 88 leading domestic financial institutions across the Asia Pacific to understand the state of the finance industry’s response to climate change.

Benjamin McCarron Managing Director, Asia Research and Engagement