State electricity firm PLN has slowed renewables deployment, says the deputy head of the country's Just Energy Transition Partnership secretariat. Investors should back captive power instead of grid-based projects, she suggests.
Six out of 11 cities which endured heat strongly influenced by climate change for 30 days or more from last December to February 2025 were in Asia, including in Tamil Nadu, Manila and Jakarta, according to data from nonprofit Climate Central.
A fifth of the lender’s portfolio faces high nature-related risks, says sustainability head Eric Lim, noting water’s broad impact and the lack of target-setting tools. Oil and gas, though a focus sector, was excluded from its analysis.