S1E47: Green Finance 101 (Pt 1): Directing capital to meet climate goals - Green Pulse Ep 47

Green Pulse Ep 47: Green Finance 101 (Pt 1): Directing capital to
meet climate goals 


19:10 mins


Synopsis: Every first and third Monday of the month, The
Straits Times analyses the beat of the changing environment, from
biodiversity conservation to climate change in this podcast
series.


Finance is the fuel that keeps economies humming. And with
countries now wanting to build back better from the economic
fall-out from Covid-19, there is now a global momentum to ensure
that finance is green. In March 2021, an Asean taxonomy board was
established to provide a framework to guide green investments in
the region. But what exactly does green finance entail, and why
is it important for various nations to adopt? And how will it
help the world avoid the harshest impacts of climate change?


In the first of a two-part episode on green finance, ST
environment correspondent Audrey Tan and climate change editor
David Fogarty discuss the topic with two experts in the field of
sustainable finance. Hear from Mr Eugene Wong, chief executive of
the Sustainable Finance Institute Asia, as well as Mr Anders
Nordheim, who is senior vice president for Asia sustainable
finance at the World Wild Fund for Nature Singapore. 


They discuss the following points:
Difference between green, climate and sustainable finance, and
how they differ from usual financing schemes (1:09)  Measures
in place to prevent green finance from being used for unsustainable
or climate-unfriendly projects  (8:18)  Importance of
hammering out definitions on what constitutes a “green” project for
the region (9:03)  How can retail investors participate in
green finance? (15:05)

Listen to Pt 2: Green Finance 101 (Pt 2) - Understanding carbon
services
https://omny.fm/shows/green-pulse-1/understanding-carbon-services-green-pulse-ep-48


Produced by: Audrey Tan (audreyt@sph.com.sg), David Fogarty
(dfogarty@sph.com.sg), Ernest Luis and Adam Azlee


Edited by: Adam Azlee


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#GreenFinance


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