The report “ASEAN economies exposure to climate transition risks: Applying taxonomy to enhance climate disclosures” examines ASEAN exposure to transition risks. The report describes the major channels by which these risks will be transmitted through to the financial economy and examines possible local and global sources of transition risk.
Sources of transition risk vulnerability are revealed through analysis of ASEAN bond and loan data, with a particular focus on Indonesia, the Philippines and Viet Nam. The report provides recommendations on how taxonomies can be used to address these risks and follows the 2021 report Embedding Sustainability into the COVID recovery: A Primer for ASEAN Central Banks.
Access the report here