Thursday , 21 May 2026

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Southeast Asia weighs benchmarks for $3trn green financing

Bloomberg The Association of Southeast Asian Nations (Asean) is seeking to establish a framework for green investments in the region that could be worth as much as $3 trillion. The countries set up the Asean Taxonomy board this week, which will develop and maintain a set of categories and definitions to guide its members on sustainable economic activities, according to …

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South Africa to cut carbon emissions

Bloomberg South Africa, the world’s 12th biggest producer of greenhouse gases, has committed to improving its target for reducing its projected emissions of the pollutants by 17% in 2025. The environment ministry said in a presentation on Tuesday that it will, after consultation, present a revised so-called Nationally Determined Contribution to the United Nations Framework Convention on Climate Change. That …

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H&M should lay low until China anger blows over: EU chamber

Bloomberg Chinese anger at Hennes & Mauritz AB (H&M) and other brands who refuse to use cotton from Xinjiang will pass but businesses will continue to face risks from political issues, the head of the European Union Chamber of Commerce in China said. “You really have to just let it happen, lay low and see when it blows over and …

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