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ESG: Green Finance Tag

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10 Feb [Premium] ESG Update: 1 -15 February 2020

Resources Sustainability   Mobile App simplifies peatland restoration monitoring efforts in Indonesia An inexpensive, community-based monitoring system is enhancing land management strategies in the Indonesian province of Riau as the government rolls out techniques aimed at strengthening the ability of local people to reduce their vulnerability to fire....

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10 Feb [Premium] ESG Update: 15 – 31 January 2020

Resources Sustainability   U.S. biofuels not to blame for Indonesia and Malaysia deforestation (24 Jan) Since 1990, the United States has ramped up its production of biofuels—to about 16 billion gallons of ethanol and 1.6 billion gallons of biodiesel in 2017. At the same time, production of palm...

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10 Feb [Premium] ESG Update: 1 – 14 January 2020

Resource Sustainability   Palm oil processors top plantations in destroying proboscis monkey habitat (8 Jan) The oil palm processing industry has overtaken palm plantations as the biggest cause of the loss of habitat for the endangered proboscis monkey in Indonesia’s Balikpapan Bay. A new study pinpoints the shift...

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10 Feb [Premium] ESG Update: 23 November – 6 December 2019

Resource Sustainability Indonesia fires emitted double the carbon of Amazon fires (25 Nov) Fires from land and forest fires across Indonesia this year have pumped at least 708 million tons of greenhouse gases into the atmosphere — almost double the emissions from the fires that swept through...

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09 Dec [Premium] ESG Update: 9 – 22 November 2019

Resources Sustainability    Indonesia to launch voluntary carbon market (13 Nov) Indonesia, one of the world’s biggest emitters of greenhouse gases, is planning to launch a voluntary carbon trading scheme that could link to other countries if successful, a senior government official said on Tuesday. The South East...

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19 Nov Commentary: Next steps to finance a green economy

By Simon Tay and Lau Xin Yi For The Business Times Opportunities to grow the financial sector as well as to respond to climate concerns are being boosted. Recent announcements made by the Monetary Authority of Singapore (MAS) at the Singapore FinTech Festival can help create green...

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13 Nov [Premium] ESG Update: 26 October – 8 November 2019

Resources Sustainability   Indonesian Court Fines Palm Oil Firm $18.5m Over Forest Fires In 2015 (28 Oct) An Indonesian court has fined a palm oil company $18.5 million for fires that destroyed 970 hectares (2,400 acres) of forest on its concession in Borneo in 2015. The judgment is...

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13 Nov [Premium] ESG Update: 12 October – 25 October 2019

Resource Sector    Malaysia Warns New EU Rules Could Hurt Palm Oil Used In Food (15-22 Oct) The European Parliament will proceed with phasing out palm oil-based biofuel by 2030 despite threats of retaliatory action by Indonesia and Malaysia, the world’s biggest producers of the ubiquitous vegetable oil....

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15 Oct [Premium] ESG Update: 28 September – 11 October 2019

Resource Sector   Indonesia Finds One-Fifth of Palm Oil Plantations Are Illegal (10 - 11 Oct) Last year President Joko Widodo issued a ban on new permits for palm plantations for three years, aiming to protect the country's forests. The order also gave the government authority to review...

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