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 Huang, China Consultant Tianjiao Hu, Project Manager, China 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. AIGCC & ClientEarth present: Greenwashing and how to avoid it: a focus on Asia’s financial industry, a breakfast side event at PRI in Person Partner Event | Tokyo, Japan | 4 October 2023 @ 7:30 am - 8:45 am Timezone: Asia/Tokyo This side event will bring together a distinguished panel of legal experts, investors, and regulators to discuss the many shades of greenwashing, from brand greenwashing to the mislabelling of financial products and funds, and the consequences of such acts, including regulatory enforcement and private litigation. The panel will also discuss what actions financial actors can take to avoid greenwashing risks. Governance & DisclosureJapanPolicy & Advocacy Lin Kang New Investor Agenda report identifies eight features for global climate policy required to catalyse greater climate action 6 September 2023 A new report by The Investor Agenda takes the opportunity provided by the UNFCCC Global Stocktake to summarize how global climate policy has developed and to describe the core features that should underpin climate policy going forward. Governance & DisclosureInvestor Agenda and ICAPsJust TransitionPolicy & Advocacy The Investor Agenda Global Policy Assessment Report Report | The Investor Agenda | 6 September 2023 A new report by The Investor Agenda takes the opportunity provided by the UNFCCC Global Stocktake to summarize how global climate policy has developed and to describe the core features that should underpin climate policy going forward.Download Investor Agenda and ICAPsPolicy & Advocacy Key Asian Banks’ Stress Tests Miss Coastal Threats, say Investors and Think Tank 21 August 2023 In an open letter to the sector AIGCC and CWR say banks’ stress tests should be enhanced to keep up with the latest science on the Asia Pacific’s high and rising exposure to climate damage and disruption from sea level rise. Engagement & Policy Working GroupPhysical Risk & Resilience Working GroupPolicy & Advocacy