March 21, 2023

BDO, MUFG Bank of Japan to put forward energy transition finance

The financial institutions aim to collectively move towards a sustainable future.

BDO Unibank, MUFG Bank of Japan, and banks in the region are pushing for more energy transition finance initiatives, along with the publication of the Asia Transition Finance Guidelines and the Asia Transition Finance Activity Report.

BDO said the publications intend to further push Asian countries towards a more just and orderly transition to sustainable future. The bank is part of the Asian Transition Finance Study Group (ATF Study Group) that wrote the guidelines in pursuit of an Asian version of transition finance that is more representative and attainable for the countries in the region.