The concept of environmental, social, and governance (ESG) reporting standards has gone mainstream. Major Wall Street firms have adopted ESG standards as a guide to responsible investment, compelling the thousands of corporations in which they invest to do so as well. But is ESG helping investors and corporations that operate in the Global South allocate capital more efficiently?
Asian energy officials on Wednesday disputed a call from the International Energy Agency (IEA) for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow.The IEA, which has previously championed the oil and gas industry, this week outlined a path to net-zero emissions that suggested stopping new investments in oil, gas and coal supply, retiring coal-fired plants in advanced economies by 2030, and ba
Australia’s China problem – official contacts frozen and many of our exports under siege – is now gaining attention far beyond our shores.
Two years ago, global research and development (R&D) spending grew by 5.2 percent, significantly faster than global gross domestic product (GDP) growth, after rebounding strongly from the 2008-2009 financial crisis. Venture capital (VC) and the use of intellectual property (IP) were also at an all-time high. However, the coronavirus pandemic has hit the innovation landscape at a time when innovation was flourishing.
The start-up ecosystem in Southeast Asia is thriving and maturing at a rapid pace, with capital increasingly being allocated to up-and-coming players.
Vietnam is going through a transformative period. The economic reforms undertaken by the ruling Communist Party have transformed the country into one of the fastest growing economies in the world.This year in particular has seen the communist country’s business environment grow tremendously with over 26,000 new enterprises established.
