The operationalisation of Article 6 at COP29 can be a critical lever to enable Asia Pacific’s transition to a low-carbon economy. Fragmented standards across countries, however, still present implementation challenges amid global geopolitical shifts.
Cambodia, Vietnam, Thailand and Malaysia's solar panel makers face varying tariff rates. Chinese manufacturers have already moved operations elsewhere, and smaller local players and workers will bear the brunt of the fallout.
The republic will not “capitulate”, but will forge global cooperation to tackle challenges like climate change, says prime minister Lawrence Wong. His speech was made a day after it was confirmed Singapore will head to the polls on 3 May.
Nearly half of Indonesia’s peatlands are vulnerable to flooding due to degradation from exploitation, with 6 million hectares (15 million acres) – twice the size of Belgium – highly at risk.