It has been a turbulent year in global politics with governments and multi-nationals slowing down on climate action. On a positive note, convergence has been achieved around the disclosures set by the International Sustainability Standards Board (ISSB), including in the Asia-Pacific (APAC) region. The region has witnessed landmark transition finance deals, such as the world’s first sovereign climate transition bonds from Japan, but challenges remain around the availability and quality of ESG data.