TOKYO -- MUFG Bank and other Asian lenders will focus on how projects designed to reduce carbon emissions in Southeast Asia fit into national decarbonization strategies when making financing decisions, according to guidelines released Monday.
Climate Change
Top lenders set finance guidelines for ASEAN's green transition
MUFG Bank, others to ensure projects match national decarbonization strategies
Excavators pile coal in a storage area at the Suralaya power plant in Indonesia. Renewable sources alone might be unable to meet surging demand for energy in Southeast Asia. © Reuters
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