Asia’s climate finance priorities are shifting beyond emissions cuts, banks say

Climate finance in Asia is no longer just about cutting emissions, banks say. This comes as rising heat, floods and energy shocks force governments and businesses to rethink investment priorities. Speaking to CNA at Ecosperity Week 2026 in Singapore, DBS chief sustainability officer Kelvin Wong says climate adaptation financing is becoming increasingly important as physical climate risks grow, while HSBC chief sustainability officer Julian Wentzel points to rising electricity demand and energy security concerns as strengthening the case for renewables. Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia