News Snapshot:
[IEEFA: Accepting gas power plants as sustainable investments in Asian taxonomies heightens greenwash risk] Accommodating the gas sector risks diluting standards and discouraging new pools of green capital 21 September 2021 (IEEFA Asia): Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise to avoid. This is particularly important as Europe and the U.S. ramp...
