Transboundary Haze Financing.pdf

8e2bf1_fd4277c79a3542b59e75f22fcc13e580.pdf
Preview of Transboundary Haze Financing
🔗 Source: pmhaze.org
📊 Size: 977 KB
👤 Author: taybe
⬇️ Downloads: 170

Summary

Singaporean financial institutions have a key role in preventing transboundary haze by demanding sustainability from the palm oil industry, with USD 142.69 million invested as of 2018. Despite shortcomings in voluntary certification schemes like the Roundtable on Sustainable Palm Oil (RSPO), financial institutions can exert pressure through investment policies and activism, with 15 banks providing 72% of direct loans to major palm oil companies from 2006 to 2015. Recent developments, including increased awareness among Singaporean financial institutions, government commitment to green finance, and recognition of climate change financial risks, may shift the dynamic towards more sustainable investment practices.

Description

Singaporean financial institutions have a key role in preventing transboundary haze by demanding sustainability from the palm oil industry, with USD 142.69...

Technical Information

  • File Format: PDF
  • File Size: 977 KB
  • Pages: 28
  • Language: EN
  • Author: taybe
  • Total Downloads: 170
  • Last Updated: 1 week ago

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