Investing in the future: How companies are minding their own greening business

Quick Summary:

With the high interest-rate environment, banks nowadays are more keen on arranging sustainability-linked financing as many regular deals soured due to the high yield demanded by various investment instruments.

To address the various climate related challenges and financial risks and opportunities facing  the Philippines, the financial sector regulatory authorities, which include the SEC and the central bank, has set up an  extensive  engagement on greening the financial sector in the country.

It has high exposure to natural hazards such as typhoons, landslides, floods,  droughts,  earthquakes,  volcanic  eruptions,  strong  dependence  on  a  climate-sensitive agricultural  sector  and huge coastlines where all major cities and most of the population reside.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: PhilippinesThailand

Topics: Philippines Sector Finance Financing Financial Data Philippine Sustainability Investment Sustainable

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 16:04:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1315 words

Reading Time: 8 minutes read

Sentences: 36 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23340489

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 49 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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