Taxonomy

APAC faces a major decarbonisation challenge but is emerging as a leader in sustainable finance innovations

Speaking at PRI in Person, Canada's finance minister said initial eligibility criteria for first priority sectors will be released within a year of work commencing.

Meanwhile, energy companies Santos and Woodside voice concerns over exclusion of abated and natural gas in framework.

Australian government also urged to add pollution to headline ambitions in responses to first consultation on sustainable finance roadmap.

The latest ESG movers and shakers: Bugler starts as technical lead for climate risk at KPMG; Singapore announces taxonomy workstream co-leads.

The latest developments in sustainable finance: IOSCO to work on transition plans; Kenya publishes draft green finance taxonomy.

RI speaks to SFAC chair Kathy Bardswick, and Barbara Zvan, who chaired its taxonomy group, to discuss progress and challenges for Canadian sustainable finance as the group concludes its work.

The move could see the East African country become a leader on climate supervision.

The latest developments in sustainable finance: Brazil establishes committee to implement taxonomy; Former MAS director Menon named as Singapore’s climate action ambassador.

Australia launches consultation on assurance for climate reporting; Hesta engagement with Woodside fails; Rio Tinto promises more transparency on climate disclosures.