Sustainable Finance Regulatory Trends and Directions
Sustainability Finance Policies
Contact us to view the full report for the latest state of sustainable finance policies in APAC.
As of June 2024, China's green loan balance reached 34.8 trillion yuan, with green bonds issued totalling 3.71 trillion yuan and green financial bonds at 1.54 trillion yuan, providing stable funding sources for green credit. (Green Finance Organisation, 2024)
The latest "Opinions on Accelerating the Comprehensive Green Transition of Economic and Social Development" published on Aug 11, 2024, outlines strategies across five key areas and three major aspects to establish a resource-saving and environmentally protective spatial pattern, industrial structure, production methods, and lifestyle.
It emphasises the need for an integrated approach to green and transition finance, which is crucial for fostering the growth of green low-carbon industries and managing the low-carbon transformation of high-emission sectors.
Financial institutions are encouraged to develop their green and transition finance systems in alignment with these guidelines to seize green transition opportunities.
Sustainability Reporting
Contact GC Insights at: info@gc-insights.com for more case studies and gap analysis on your alignment with Basel Pillar 3, IFRS-ISSB, and other international frameworks and sustainability-related strategies.