Reported about 1 year ago
Wang Jiawei, Chief Researcher at the Taiwan Institute of Financial Research, discusses the funding focus of climate finance on carbon reduction and climate change adaptation. Amid rising temperatures in the summer, recent domestic research indicates that global warming and the urban heat island effect will make heat dissipation more difficult, leading to potentially worsened living environments. Various sectors have been calling for immediate concrete actions to address the adverse impacts of climate change. In particular, the role of finance is crucial in developing climate finance to inject funds and guide enterprises to accelerate transformation to reduce climate impact. The private financial sector's active involvement in developing diverse climate finance services or products is seen as a key factor in achieving this goal.
Source: YAHOO