Countries in Asia-Pacific are recommended to adopt standardized rules on climate-related financial disclosures by companies, as sustainability is increasingly becoming an important consideration in investment decisions.
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Adopting the disclosure norms recommended by the Task Force on Climate-related Financial Disclosures, or TCFD, can be a step as countries in the region set net-zero goals for carbon emissions. Japan, New Zealand and Australia are aiming net-zero by 2050, and China by 2060.
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