majority and sheer number of parties, governing could prove difficult. A large stimulus package is expected and large-scale projects are likely to go ahead. This should help boost the economy going forward
solutions ✓ Climate Adaptation solutions Copyright © 2022 by GMO LLC. All rights reserved. For Institutional Use Only | 20 INCORPORATING SUSTAINABILITY IN VALUATIONS Uncertain cash flows; difficult to
://ourworldindata.org/co2-emissions, IPCC climate science report (2021), Climate Action Tracker https://ourworldindata.org/co2-emissions 8 Burning fossil fuels ● Driving / flying ● Making goods ● Growing food
) Covered under section 4.1.5 Not Covered 3. Color your activities Categorize the activities, see if they are in line with green / amber criteria defined in the Taxonomy. Fossil fuel-based activities can
crucial to ensure this infrastructure is not supporting continued fossil fuel electricity generation. At the same time, this infrastructure is vital for the decarbonisation of other sectors. For industrial
exempting fees for application and filing submitted during February 1, 2021 and December 31, 2023. We hope this exemption will further reduce a burden to private sector in this difficult time.”
green asset for the ASEAN region, and shall not be used for fossil fuel power generation projects The ICMA’s Green Bond Principles (GBP) are voluntary process guidelines that recommend transparency and
flaring Early fossil fuel plant closure Upgrading gas networks for green hydrogen e.g. For Electrical utility: Financing credible transitions Climate Bonds Initiative 2020 3 Who should use the transition
example is climate change risk and opportunity. The Ceres-led Carbon Asset Risk Initiative is posing tough questions to fossil fuel–based energy majors about their risk scenarios, and plans to devote new
in unabated coal in the portfolio adopt phase out plans by 2030 or sooner; an end to investment in new fossil fuel infrastructure assets, or exploration of new oil and gas fields/expansion of oil and