Understanding Climate Risks: Launch of The ASEAN Climate Governance Network

CGM is delighted to announce the launch of the ASEAN Network for Climate Governance. Climate Governance Initiative is a project in collaboration with the World Economic Forum with the aim of promoting the Principles for Effective Climate Governance.

After months of dialogue and consultation with directors and institutes of directors in ASEAN, we have resolved to launch this network to raise awareness of climate risks which will disproportionately affect this region. As responsible long-term stewards of the organization, this network is intended to mobilize boards and directors to focus on the climate crisis and climate transition priorities.

Business are responsible for most of the emissions around the world and when considering the decarbonisation which the world has committed to [via the Paris Agreement], directors, as long-term stewards need to be mindful of their responsibilities in curbing these emissions; identifying financial risks arising from climate risks; managing a smooth transition to…