Innovation – Green revenues-R&D-Capex Tag

Singaporean investment company Temasek Holdings [TMSK:SP] will allocate SGD5bn (USD3.64bn) to set up a green investment company called GenZero, as reported by Nikkei Asia on June 7. GenZero will help accelerate the growth of Temasek’s energy-saving and emission-reduction businesses by investing in carbon-reducing technologies as...

Investment management firm VanEck will list the first carbon credit exchange traded fund (ETF) on the Australian Securities Exchange (ASX), as reported by the Australian Financial Review on May 24. The fund, VanEck Global Carbon Credits ETF (Synthetic), may begin trading under the ticker XC02...

Japan has laid out a plan on May 19 to issue JPY20tr (USD157bn) in green transition bonds to accelerate its transition to carbon neutrality, as reported by Reuters on the same day. Details of the green transition bonds will undergo further discussion later this year....

BNP Paribas Asset Management (BNPP AM), the asset management arm of BNP Paribas [BNP:FP], has launched the Sustainable Asian Cities Bond, a new fixed income strategy aiming to support sustainable urbanization in Asian cities, as reported by ESG Today on May 9. The fund is...

Honda Motor [HMC:US] announced a JPY5tr (USD40bn) investment in electric vehicles (EVs) development over the next ten years, as reported by Nikkei Asia on April 12. The spending is part of the Japanese company’s next-decade budget for research and development (R&D) worth JPY8tr (USD64bn). According...

POSCO Chemical [003670:KS], the chemical and battery material unit of South Korean steelmaker POSCO Group [005490:KS], will issue green bonds worth KRW300bn (USD244.4m), as reported by the Korea Economic Daily on April 8. The bond will encompass five-year bonds worth KRW100bn (USD81m) and three-year bonds...

The European Union (EU) has entered the second year of implementing the Sustainable Finance Disclosure Regulation (SFDR), a part of a legislative package on sustainable finance. The measures also include the Regulation (EU) 2020/852 (Taxonomy Regulation, hereinafter referred to as “TR”). In order to provide...

Hong Kong's financial secretary Paul Chan Mo-Po stated that the city will shortly restart the issuing of retail green bonds, as reported by Reuters on April 10. The retail green bond offering is worth HKD15bn (USD1.9bn) and can be subscribed for up to HKD20bn (USD2.55bn)....

Singapore and Indonesia signed a memorandum of understanding (MOU) regarding partnerships on climate change and sustainability on March 21, as reported by Strait Times on the same day. Under the MOU, the two countries will collaborate in four key areas, including carbon pricing and markets,...

India is mulling a revamp of the country’s production-linked incentive (PLI) scheme for the solar power equipment sector to promote manufacturing of all solar components and include more players, as reported by Economic Times on March 18. Specifically, the PLI scheme could be split into...

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