Transition credits, a new type of carbon credit that provides financial rewards for retiring carbon-intensive assets, could gain traction if enough buyers can be found.
The Hong Kong-headquartered insurer sets near-term climate transition targets for its investments, validated by the Science Based Targets initiative (SBTi).
HSBC Asset Management’s global CEO told AsianInvestor that he sees surging demand from asset owners for stakes in China's green transition, especially alternative investments in renewable energy and climate tech.
The Inflation Reduction Act of 2022 aims to lower energy and health care costs for American families while helping the United States to achieve its net zero ambitions. The Act includes important provisions that promote the use of renewable energy and reduce greenhouse gas emissions, which may create opportunities for companies and investors.