Policy & Advocacy We contribute to the collective effort to influence policy that enables investors across Asia to allocate capital in a transition to net zero. Our People Anjali Viswamohanan, Director, Policy Nigel DeCoopman, Policy Manager Joy Wang, Senior Associate Lin Kang, Manager, Policy and Stakeholder Initiatives Tianjiao Hu, Manager, Investor Engagement Emerging Policy Issues Energy Transition Supporting government policy that unlocks a rapid clean energy transition. Disclosures Working alongside regulators and governments to reform climate disclosure rules. Climate Financing Including taxonomies and other legislation to support the flow of sustainable finance. Physical Risk Understanding the implications of the physical impacts of climate change and helping build resilience to protect economies. Global Engagement International Forums Bringing the Asian investor perspective to discussions with; United Nations forums including COP, G20, G7, ASEAN. Peer Network Collaborations We facilitate a global voice on climate and finance policy with; IGCC in Australia, Ceres in the USA, IIGCC in Europe, PRI and CDP internationally. Regional Engagement Advocating for policies that will unlock the billions that investors can allocate to climate solutions. The Asian Utilities Engagement Program AIGCC’s program to help investors and service providers engage with Asia’s systematically important electric utilities on climate. Read more… Roundtables Bringing together investors, policy-makers and regulators. Submissions Providing the investor perspective on policies that are currently in development. View all submissions Direct 1:1 Engagement In-depth discussion with key government decision-makers on current and emerging policy themes. The Asian Utilities Engagement Program Decarbonising Asia’s energy system is crucial to protecting our economies. In 2021 AIGCC launched the AUEP program to help investors and service providers engage effectively with Asia’s systematically important electric utilities on climate. Find out more Working Groups Members can collaborate and learn more about climate policy in these specialist groups. Engagement & Policy Working Group Physical Risk & Resilience Working Group Energy Transition Working Group Forest & Land Use Working Group China Working Group Japan Working Group Key Resources Greenwashing and how to avoid it: an introductory guide for Asia’s finance industry. April 2023. Download This is an introductory guide intended for players in the Asian finance sector, including asset managers, banks, institutional investors, and regulators, to understand issues surrounding the growing phenomenon of greenwashing in the industry. The report addresses the prevalence of greenwashing in financial markets in Asia, and provides an overview of the various forms of regulation and guidance being developed to address it. provides a typology of enforcement action being taken by a variety of regulatory bodies and actors against greenwashing across the globe, and identifies cases at the greenwashing frontier. provides guidance on measures to guard against greenwashing risk. Carbon Capture and Storage In The Decision Decade For Decarbonisation November 2022 Download The large-scale adoption of carbon, capture and storage (CCS) continues to be a key assumption underlying major decarbonization pathways as a means to bridge the emissions gap, resulting in projected CCS capacity requirements that are an order of magnitude greater than present capacity. AIGCC leverages selected findings and figures from a Wood Mackenzie’s report to draw conclusions for these sectors: Power Generation Steel Production Investor Expectations of National Adaptation Plans in Asia November 2022 Download The members of AIGCC’s Physical Risks Working Group have put together the following list of key asks from governments on the various elements of the National Adaptation Plan process: Outline a consistent, national view of physical climate risk Base national adaptation plans on scenario analysis Identify and prioritise vulnerable systems, groups and communities in NAPs in adaptation planning and implementation. Ensure corporate disclosure on physical risks Consult with members of the finance sector as part of the NAP process Include inter-regional effects in developing NAPs Include action-oriented points on implementation and financing strategies in NAPs AIGCC’s Submission to the International Sustainability Standards Board July 2022 Download AIGCC supports the development of consistent sustainability reporting standards globally. There is some level of fragmentation in the standards that are being implemented in many markets, however it is important now more than ever to develop a comprehensive and globally interoperable standard for sustainability reporting. Further delays in developing a global standard for sustainability disclosures will result in increasing costs, risks for the investment community as well as reporting entities operating internationally, and ultimately result in difficulties to give effect to the much-needed sustainability transition. Collaborative Global Policy Initiative: Global Investor Statement to Governments The Asia Investor Group on Climate Change is a founding member of the Investor Agenda, who submitted the 2022 Global Investor Statement to COP27. The 2022 Global Investor Statement to Governments on the Climate Crisis is the most ambitious statement to date in terms of the policy recommendations contained within it, calling on governments to raise their climate ambition in line with the goal of limiting global temperature rise to 1.5°C. The most ambitious actions called for include mandated climate transition plans from investors. 602 Institutional investors $42 T USD AUM COP27 Joint statement submission Latest Policy & Advocacy News, Resources, and Events. Japan should set ambitious energy transition targets through the 7th Strategic Energy Plan – AIGCC position paper 19 September 2024 AIGCC recently submitted a position paper on Japan’s Strategic Energy Plan to Japan’s Basic Policy Subcommittee of the Advisory Committee for Natural Resources and Energy. Asia Utilities Engagement ProgramClimate Action 100+EnergyEngagement & Policy Working GroupGovernance & DisclosureJapanPolicy & Advocacy Position Paper on Japan’s Strategic Energy Plan (Executive Summary) Policy Submissions | Asia Investor Group on Climate Change | September 2024 AIGCC recently submitted a position paper on Japan’s Strategic Energy Plan to Japan’s Basic Policy Subcommittee of the Advisory Committee for Natural Resources and Energy.Read the Paper Decarbonising the EconomyEnergyEngagement & Policy Working GroupJapanPhysical Impacts & ResiliencePolicy & Advocacy New Global Investor Statement launches with the backing of hundreds of investors urging a whole-of-government approach to addressing the climate crisis 17 September 2024 The 2024 Global Investor Statement to Governments on the Climate Crisis, publicly launched today, comes one week ahead of Climate Week NYC where investors will encourage their peers worldwide to support the global call for government action. It has already been signed by 534 financial institutions and their representatives, with more than USD$29 trillion in assets under management. The statement will remain open until 1st November, ahead of the UN Climate Conference (COP29) in Baku, Azerbaijan, where it will be presented to governments with the final list of signatures. ChinaEngagement & Policy Working GroupGovernance & DisclosureHong KongIndiaIndonesiaInvestor Agenda and ICAPsJapanMalaysiaPhilippinesPolicy & AdvocacySingaporeSouth KoreaTaiwanThailandVietnam AIGCC Policy Updates – September 2024 Policy Briefings | Asia Investor Group on Climate Change | September 2024 AIGCC rounds up key policy highlights in the region for Q3 2024.Download ChinaHong KongIndiaIndonesiaJapanMalaysiaPolicy & AdvocacySingaporeSouth KoreaTaiwanVietnam Investors See Climate Progress for Asian Electricity Companies 4 September 2024 Key Asian energy companies have made important progress this year in their difficult path to net zero, according to a new report released today by the Asia Investor Group on Climate Change. Asia Utilities Engagement ProgramChinaDecarbonising the EconomyEnergyEnergy Transition Working GroupEngagement & Policy Working GroupHong KongIndonesiaInvestor Practice & Capacity BuildingJapanMalaysiaPolicy & AdvocacyStewardship & Corporate Engagement