Abbreviations and acronyms

ACMF

ASEAN Capital Markets Forum

ACT

Assessing low-Carbon Transition initiative

ADB

Asian Development Bank

ADEME

Agence de l'environnement et de la maîtrise de l'énergie

AEC

Absolute Emissions Contraction

APLMA

Asian Pacific Loan Market Association

ASEAN

Association of Southeast Asian Nations

BAT

Best-available technologies

BIS

Bank for International Settlements

BF

Blast furnace

CapEx

Capital expenditure

CCGT

Combined cycle power plant

CCUS

Carbon capture, utilisation and storage

CHP

Combined heat and power plant

CO₂

Carbon dioxide

CBI

Climate Bonds Initiative

CDP

Carbon Disclosure Project

CIF-ACT

Climate Investment Funds Accelerating Coal Transition

COP

Conference of the Parties

DNSH

Do-No-Significant-Harm

DRI

Direct-reduced-iron

EBRD

European Bank for Reconstruction and Development

ECB

European Central Bank

EIB

European Investment Bank

EIC

Economic Intensity Contraction

EMDE

Emerging markets and developing economies

EPA

U.S. Environmental Protection Agency

EPOC

Environment Policy Committee

ESG

Environmental, Social and Governance

ESMA

European Securities and Markets Authority

ETM

Energy Transition Mechanism

EU

European Union

FCAFSA

UK Financial Conduct Authority

Japan’s Financial Services Agency

FT

Financial Times

GDP

Gross Domestic Product

GFANZ

Glasgow Financial Alliance for Net Zero

GFIT

Green Finance Industry Taskforce

GHG

Greenhouse gas

I4CE

Institute for Climate Economics

ICMA

International Capital Markets Association

IEA

International Energy Agency

IFC

International Finance Corporation

IIGCC

Institutional Investors Group on Climate Change

ILO

International Labour Organization

IMF

International Monetary Fund

IPCC

Intergovernmental Panel on Climate Change

IPP

Independent power producer

IPSF

International Platform on Sustainable Finance

IRENA

International Renewable Energy Agency

ISSB

International Sustainability Standards Board

JETP

Just Energy Transition Partnership

KPI

Key Performance Indicator

LGX

Luxembourg Green Exchange

LMA

Loan Market Association

LSTA

Loan Syndications and Trading Association

LTS

Long-Term Climate Strategy

MAS

Monetary Authority of Singapore

MDB

Multilateral development bank

METI

Ministry of Economy, Trade and Industry (Japan)

MtCO2e

Metric tons of carbon dioxide equivalent

MSME

Micro, small and medium-sized enterprise

NDC

Nationally-Determined Contribution

NGFS

Network for Greening the Financial System

NZE

Net-zero emissions

OECD

Organisation for Economic Co-operation and Development

OJK

Otoritas Jasa Keuangan

OpEx

Operational expenditure

PATH

Paris Alignment for Counterparties

PPA

Power Purchase Agreement

Q1

First quarter

Q3

Third quarter

RBC

Responsible Business Conduct

R&D&I

Research, development, and innovation

RRF

Recovery and Resilience Facility

SBTi

Science Based Targets initiative

SDA

Sectoral decarbonisation approach

SEBI

Securities and Exchange Board of India

SEC

Securities and Exchange Commission

SFWG

Sustainable Finance Working Group

SLB

Sustainability-linked bond

SLL

Sustainability-linked loan

SPO

Second-party opinion

SPT

Sustainability performance target

TCFD

Task Force on Climate-related Financial Disclosures

TPT

Transition Plan Taskforce

UN

United Nations

UK

United Kingdom

US

United States

UNFCCC

UN Framework Convention on Climate Change

VRE

Variable renewable energy

WPCID

Working Party on Climate, Investment and Development

WWF

World Wildlife Fund