Asian hopes for sustainable finance will rest on more credible taxonomies

  • 20/09/2021

  • Institute for Energy Economics and Financial Analysis (IEEFA)

Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise to avoid.