Sustainability has emerged as one of the most pressing issues of our time and ESG is no longer just a nice-to-have. Nearly 90% finance executives surveyed in Hong Kong and Singapore by Finastra think it’s important for the financial services and banking sector to support ESG initiatives, while PwC, found that 65% of APAC institutional investors plan to increase allocations to ESG products over the next two years. With this momentum, there is a strong opportunity for the world’s development banks to promote sustainability by financing projects and encouraging private funding in support of climate-related initiatives. However, with a lack…