An overview of global SI regulations, insights from COP16 & COP29, and key trends and outlook on sustainable finance. Regulators focused on enhancing transparency, accountability, and sustainability in financial and corporate sectors.
In 2024, significant strides continued to be made globally towards enhanced integration of sustainability considerations. In Asia, Hong Kong has launched a roadmap for sustainability disclosures, mandating publicly accountable entities to adopt ISSB Standards. China has enacted a new Energy Law prioritizing renewable energy. Japan is emphasizing nonfinancial factors in investments with new „Asset Owner Principles.“ Singapore has expanded its taxonomy to enhance interoperability with China and the EU. Korea is updating its carbon neutrality framework and has passed climate-related financial disclosure legislation.
