China has, in the past few years, adopted various energy efficient measures to decarbonise its economy which was heavily dependent on fossil fuels for decades.
The three firms include women-focused e-commerce firm Even Cargo; mental healthcare startup Trust Circle, which leverages mobile AI tech for emotional resilience; and affordable medical device startup Incredible Devices.
Australia, China and Japan are the three large markets for ETFs focused on environmental, social and governance criteria in Asia
The fund would aim to offer an access to a core fixed income exposure to global fixed income securities for environmental, social, governance aware investors
“Climate change was, and is, the number one threat to all of the things we care most deeply about,” she told her audience at the Asian Venture Philanthropy Network Conference 2019 in Singapore last week.
ESG options tend to underperform over three and five-year periods, Rainmaker said, noting the gap was only 20 and 30 basis points respectively.
In particular, the framework details guidelines for the evaluation and selection of eligible projects, management of proceeds and reporting of any green bonds or loans to be issued by BPI.