By Hanh Le | 8 Feb 2023
Just energy transition refers to the process of shifting from fossil fuels to renewable energy sources in a way that ensures that no one is left behind. It involves taking into account the social, economic, and environmental impacts of the transition and addressing any potential inequalities that may arise. Two countries in Southeast Asia that are currently working towards just energy transitions are Vietnam and Indonesia….
By Hanh Le | 25 April 2023
On April 25, 2023, Ms. Hanh Le, CEO of Empacte, joined leading financial institutions in the region and discussed risks and opportunities with regards to sustainable and transition finance at the Risk ASEAN 2023 event, held in Bangkok, Thailand. The event featured experienced risk experts from banks and institutions in the region such as ….
By Hanh Le | 15 March 2023
A green finance taxonomy is a system that identifies, categorizes, and classifies economic activities and investments that are considered environmentally sustainable. The taxonomy provides a framework for defining what constitutes a “green” activity or investment by specifying the environmental objectives, criteria, and thresholds that must be met. The goal of a green finance taxonomy is to ….
By Hanh Le | 2 April 2023
The carbon market is a mechanism that aims to reduce greenhouse gas (GHG) emissions by putting a price on carbon. The concept is simple: by placing a cost on carbon emissions, businesses are incentivized to reduce their carbon footprint, while at the same time, creating a financial incentive for others to invest in carbon offset projects that reduce GHG emissions. In Southeast Asia, the carbon market is still in its infancy….
