ASEAN Financial Regulators Shoring Up Regulatory Safeguards Against Climate and Environmental Emergencies

New report issued by WWF-Singapore finds that financial regulators in Indonesia, Malaysia, Singapore, Thailand and Vietnam – representing 85% of the region’s GDP – are shoring up regulatory safeguards against mounting environmental and social (E&S) risks. The report assesses regulations and guidelines issued by financial regulators or banking associations, based on a framework with 25 indicators divided across six pillars: scope, strategy & governance, policies & processes, portfolio risks & impacts, disclosure & transparency and enabling environment.