BDO Unibank Inc. (BDO), along with leading Asian banks, has released the Asia Transition Finance Annual Report 2023 to help Asian economies achieve a “just and orderly transition” toward a more sustainable future.
BDO is a member of The Asian Transition Finance (ATF) Study Group, a private-led initiative whose core participants are banks with operations in Asia. The ATF Study Group was set up in recognition of the important role that transition finance (TF) will play in helping Asian economies address challenges as they move toward net-zero emissions. Its goal is to create practical recommendations to supplement existing frameworks, including global standards and taxonomies, when financial institutions (FIs) consider and assess TF cases, as well as to understand challenges and explore potential enablers to transition finance.