The U.S. Government is taking #climate action to the next level. The Biden Administration is directing federal agencies to factor in the social cost of greenhouse gases in their decisions. Could this inspire climate action across Asia too?tinyurl.com/5n7y8se4

The HK Green Finance Association calls for a global quality assessment system to boost trust in voluntary carbon credit markets.The Integrity Council for the Voluntary Carbon Market's "Core Carbon Principles" set rigorous standards for credits...tinyurl.com/zr4aswjy

Climate change may pack a much bigger financial punch than expected. New evidence suggests economists have underestimated its impact. Models predict a minor GDP hit, but they often rely on localized past events. It can unleash simultaneous global crises... tinyurl.com/jpurtcsy

New research shows climate change intensified the recent NYC storm by 10-20%,leading to dangerous flash floods. It's a reminder of our warming planet's impact. In HK,similar events are a growing concern. Increasing temperatures result in heavier rainfall...tinyurl.com/3a5myfbn

The UN's #climate fund is falling $700M short of its $10B 1st stage target,with major contributors e.g. the US and China reluctant to contribute.Should this trend continue,progress towards the annual $200-$250B target by 2030 would be impeded. READ MORE:tinyurl.com/y8dnnu9s

What #environmental policies were unveiled in Hong Kong's recent policy address? And are they sufficient for our city's #sustainability? Our friends at the Green Earth HK shares their view in this opinion piece.tinyurl.com/yck4cycx

#Climatechange cost the world $280 billion in 2022, primarily due to lives lost, and data gaps in poorer nations likely underestimate the figure as well. As the world focus on recovery, it is irresponsible to disregard such a drain on economic resources...tinyurl.com/5n7mnru4

With #COP28 set to begin in the UAE on Nov 30, key topics on the 198 participating nations' agenda will include Global Stocktake, paradigm shifts towards cleaner energy and fairer finance, and the challenge of climate aid shortfalls...tinyurl.com/bde376zh

Ahead of world leaders meeting at #COP28, Pope Francis released a powerful 7,000-word statement on the #climatecrisis, his second papal encyclical on the topic. Taking big industries, world leaders, and Western living to task for the climate crisis...tinyurl.com/c7br9s67

In the latet warning from scientists, 20 of the 35 planetary vital signs they use to track the climate crisis are at record extremes. Life on planet is in peril, and the survival of humankind with it. A rapid and just transition to a sustainable future...tinyurl.com/3m64m75p

We are happy to see growing support for Terratai, a nature venture builder we incubated, which is now operating independently in Indonesia. Congratulations to Matt and the team for your hard work! tinyurl.com/mv926kxz

Our Chair Annie Chen will be speaking at the “Building Back Greener: Addressing Climate Change in Asia” hosted by Centre for Asian Philanthropy and Society (CAPS) , discuss how private sectors address climate challenges in Asia, and how HK can build back greener with the region. Register now! bitly.ws/33PNe

Are you interested in building a career in the family office world with one of the leading ESG and Impact investors in Asia? Check out our JD, and share with anyone who you feel would be a good fit as well! tinyurl.com/yrddwu8u

HK's Northern Metropolis need to balance conservation and development, and nature-based solutions could be a path to a "win-win" solution. Local NBS initiatives, from oyster reef restoration to reforestation proposals...tinyurl.com/yeyr28vz

We are pleased to be a part of @ ADM Capital's Asia Climate-smart Landscapes Fund (ACLF), launched last week. It marks the growth of our support for the natural capital sector in SE Asia, as well as the continuation of our long partnership with ADM Capital bitly.ws/35tjR

It was our pleasure to host former Vice President Gore in this joint breakfast event with Sustainable Finance Initiative, where VP Gore shared his deep insights on the pivotal role of finance in combating the #climatecrisis, as well as his inisghts from #COP28. tinyurl.com/2bwca36r

HK's pivotal role as China's offshore capital hub for green finance deserves increased attention and recognition. UN Coordinator Siddharth Chatterjee urges China's swift action on #greenfinance, highlighting Hong Kong's role...bitly.ws/36uUV

#COP28 ended last week but can we call it a successful one? Fossil fuels were finally accepted as a major cause of climate change and included in the text, which is a historic achievement! But will we see concrete actions by governments now? tinyurl.com/37fphzkj

Much of Asia do not have time to wait for the tepid response to climate change seen at #COP28 to speed up. The region urgently needs more action and financing to help brace itself and undertake adaptation measures against the onslaught of climate crisis...tinyurl.com/mpkucwjm

📢 With another year behind us, we at RS Group feel ever more acutely the need to talk less and take more action. We will be reducing the frequency of our updates, so keep an eye on LinkedIn and our website for our latest news! Thank you for your support🌟rsgroup.asia