Eco-Business

Eco-Business takes a look at the key issues being pushed at the pavilions of Asean countries at the climate summit in Baku.

Cirebon 1’s financial advisor says the model "might not be replicable" nationwide as grid stability costs were overlooked early on and transition credits – being trialled in the Philippines – may not apply. Updates on the pending transaction are expected at COP29.

He dislikes spending climate money, but opportunities could arise where interests align. Observers also hope the private market can pull through if the US disengages.

As nations assemble at COP29 in Baku, Azerbaijan, one issue is expected to dominate the summit: climate finance.

Oleh Peng Liqun, Lin Jiang, He Gang

Oleh Vincent Tan

Thomson Reuters Foundation

Oleh Simon Evans, Verner Viisainen

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Climate campaigners hold a protest action near the US embassy in Manila

Geopolitical turmoil must not be allowed to distract global decision-makers from the urgent imperative of tackling climate change. There is no excuse for letting COP29 conclude without delivering ambitious, credible financing commitments to support climate action – including the clean-energy transition – in developing economies. Oleh Ana Palacio

A street in South Jakarta, with exposed electrical infrastructure

To achieve net zero emissions in Southeast Asia, addressing the significant financing gap is crucial, requiring bold targets and more international support. Oleh Trang Nguyen

A balance between emission and growth warrants integrated energy planning, leading to a low-cost transition pathway for sustainable growth. Oleh Vaibhav Chowdhary dan Venugopal Mothkoor

While shipping is essential to the global economy, so is reducing the associated pollution. Requiring shipping companies to pay for their vessels’ greenhouse-gas emissions would go a long way toward advancing this objective, while generating much-needed revenues for climate-vulnerable developing countries. Oleh Shania Scotland

Oleh Laurence Tubiana dan Ana Toni

Oleh Christina Ng

Oleh Woochong Um

Oleh Christopher Len

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Transition credits explainer video_title card

There is consensus that coal needs to be retired early in Asia, but the mechanisms for financing the phase-out are not clear. This mini-documentary examines how transition credits work and whether they can fund Southeast Asia's equitable switch to clean power.

Studio EB Our urban infrastructure is responsible for almost 40 per cent of global carbon emissions. Climate solutions need to include the biggest energy guzzlers, clean energy and retrofitting old buildings.

Vietnam's wind market is thriving, but more work lies ahead if the country wants to power its booming economy without imperilling its people and the planet.

Southeast Asian nations are racing to bring clean, affordable power to their people, but one country is outrunning them all. How can states make their renewable energy transition a success?

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David Antonioli says current rules spur piecemeal offsetting instead of enabling faster growth of climate ventures. He expects pushback to his ideas in a market polarised over integrity issues, but wants players to think big-picture.

Climate tech podcast with Steve Melhuish

Entrepreneur Steve Melhuish tells the EB Podcast where the biggest opportunities to reduce emissions and make money are in Southeast Asia, and why finding the right economic incentives is critical for climate tech startups.

The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.

Laos has announced the construction of two new coal plants for this year, despite growing evidence that coal power comes with significant financial risk. What is holding back the country from tapping its rich clean energy resources instead?

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