If 2024 is the year when people started talking earnestly about transition finance, the conversation is likely to extend into the new year.
The segment, referring to financing vehicles that are created to help high emitting industries through their green transition journey, is still filled with great uncertainty, from regulation, technology to costs.
Standardised taxonomies from regulatory bodies remain key, with progress last year such as the multi-jurisdiction common ground taxonomy recognised jointly by the European Union EU, Singapore and China, announced during COP29 held in Baku, Azerbaijan.
Such initiatives will provide international investors with a standardised reference on what counts...
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