emissions as green, as long as the vehicles are not used to transport fossil fuels. Heavy-duty vehicles that have specific CO2 emissions of less than half of the reference CO2 emissions of all vehicles in the
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
% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle
trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing
depreciation which does not been included for tolling service. However, the Company still had gross loss because cost per ton still high which resulted from depreciation, idle cost which was fixed cost of the
green asset class for the ASEAN region, the Issuer or issuance of the green bond must have a geographical or economic connection to the region. • Ineligible Projects Fossil fuel power generation projects
://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
projects such as wind or solar energy generation are common, and achieve avoided emissions compared to energy generation using fossil fuels. Banking (Bank): Financial institutions that mostly undertake
went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with