High emitters are recognising an opportunity to address their transition to a low carbon future, through the use of green, social, sustainable and sustainable-linked (GSSS) debt. The real estate sector is taking advantage of the opportunity.
Through its investment into Clarity AI, a sustainability technology platform, Blackrock will provide private market investors with the ability to assess the ESG characteristics of alternative investment portfolios.
ESG investments are to grow across all asset classes, according to a survey of 300 investment fund companies sponsored by the Index Industry Association (IIA).
The Monetary Authority of Singapore (MAS) said that it has raised S$2.4 billion ($1.75 billion) in its inaugural green bond offering, kicking off a multi-year program aimed at raising up to S$35 billion to fund the country’s sustainable transition strategy. It follows the launch of Singapore’s Green Bond Framework launched in June 2022.