Despite Rempang residents rejecting eviction to develop the Indonesian island into a solar hub tied to a deal exporting clean power to Singapore, authorities have begun house demolitions – some unannounced – under the project's “new phase”.
Rich nations have the “legal and moral obligation” to pay the US$1.3 trillion that developing countries are asking for to endure climate impacts, say advocates. But some Southeast Asian countries may no longer rely on it to adapt to climate change.
At COP29, the city-state unveiled a third investment theme to decarbonise hard-to-abate sectors under its national blended finance scheme and pledged to match partner concessional capital dollar-for-dollar.