Studio EB
While green finance has more than tripled globally since the adoption of the Paris Agreement, investments to decarbonise the hard-to-abate industries have not kept pace. Directing finance flows to these emissions-intensive sectors, particularly in emerging markets, will be crucial for global decarbonisation efforts.
Article 6 of the Paris Agreement leaves a lot of flexibility for countries to trade carbon credits but a standardised playbook is needed to guide how countries can meet their climate goals while selling carbon offsets, says a city-state official, adding that bilateral deals become "flimsy" otherwise. The republic has struggled to buy eligible credits from its two partner nations.
As declining oil output increases reliance on on foreign supply, the region’s oil import bill could exceed US$200 billion by 2050, posing major economic and energy security risks without a faster renewables shift, says the global energy authority.
Despite a 14 per cent increase in renewable energy capacity last year, progress on lowering emissions is hindered by increased fossil fuel consumption.
Allowing private firms to sell clean power directly to consumers via PLN's networks could help the country meet its targets without burdening the national budget and to let the state-owned electricity utility focus on grid modernisation.
Oleh
Mutya Yustika
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
Although most people care deeply about addressing the climate crisis, only a minority of respondents in recent surveys trust their governments to achieve a fair and just net-zero transition.
Oleh
Laurence Tubiana dan
Ana Toni
The idea that we can exceed global warming targets then fix the problem with technology is a dangerous myth, scientists warn.
Oleh
Robert Watson, James Dyke dan Wolfgang Knorr
Eksklusif
Jack Johnson says yes, but it is a long road ahead. In this exclusive interview, we ask the American singer-songwriter and UNEP Goodwill Ambassador about his hopes for the state of the world and how music plays a role in providing a dose of optimism in dark times.
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.
The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.
"We have a choice about the speed of sea-level rise." The Eco-Business Podcast talks to climate scientist Professor Ben Horton about how close the world is to reaching crucial climate tipping points, and what can be done to stop runaway climate change.
Eksklusif
In this new podcast series 'Climate Tech in Asia', Eco-Business speaks to Gogoro chairman and CEO Horace Luke about the company's recent listing on the Nasdaq and its quest to electrify Asia's ubiquitous two-wheelers and make battery swapping mainstream.