Thirty-six international banks, including Japanese and Singapore funders, are closer to following the trajectory of the International Maritime Organization’s emissions goal, found a report by the Poseidon Principles.
The latest Global Environment Outlook report emphasised the need to invest against the trillion-dollar losses from climate change, biodiversity loss and land degradation. This includes overhauling fossil fuel subsidies and pricing in pollution.
Studio EB
AI is reshaping how buildings are run, from cooling systems to construction planning. Yet experts warn that the technology’s heavy electricity demand could undermine sustainability gains.
COP30 delivered gains on climate finance and forests but stalled on fossil fuel phaseout – exposing both the limits of consensus talks and the growing role of action outside negotiations.
Oleh
Jacqueline Peel
Much of the international community has been under the illusion that climate action and development are different pursuits. But to make progress on both agendas, the delegates at this year’s United Nations Climate Change Conference must recognise that they are one and the same, and begin building an integrated financing system.
Oleh
Mahmoud Mohieldin
As the host of this year's UN Climate Change Conference, Brazil seeks to make COP30 the “COP of implementation.” Translating commitments into robust action should include providing indigenous peoples with direct access to predictable and sustainable finance, and treating them as equal partners, rather than as beneficiaries.
Oleh
Eileen Mairena Cunningham
In this wide-ranging fireside chat moderated by Eco-Business CEO Jessica Cheam, AIA Group's chief investment officer Dr Mark Konyn asserts there is “no U-turn” among corporates invested for the long term, even as political regimes change amid a new world order.
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
Investors are starting to feel the effects of climate change in an unexpected place – their financial returns. There are now growing calls within the business community to improve the quality and coverage of climate risk disclosure.
After 20 years without electricity, more than 50 households in Cebu's poorest district have been provided with solar energy, financed by carbon offsets.
At the close of COP30, nations agreed to triple adaptation finance by 2035, while the fund for loss and damage appeared to remain sidelined. Lidy Nacpil, a long-time attendee of the climate conference, explains why.
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.
ADX's chief strategy and transformation officer Matthias Büchler tells the Eco-Business podcast why sustainability is a key growth strategy and how the COP summit shaped ESG reporting for listed companies on the exchange.