The 27th edition of Climate & Finance explores the tensions between institutional commitments and geopolitical rivalries that define today’s climate finance landscape. From Southeast Asia’s clean energy investment gap and Korea’s ambitious new climate agenda, to the Asian Development Bank’s Paris-alignment challenges, this issue traces how governance and trust are tested on multiple fronts.

We also examine Australia’s debut green sovereign bond, the hurdles for ASEAN green bond standards, and the implications of the SB62 talks ahead of COP30 in Belém. Together, these pieces reveal how finance, policy, and politics converge in shaping the pathways toward a low-carbon future.