As Asia Pacific sees its first net-zero banking alliance exits, the Singapore lender looks to draw up decarbonisation pathways for two more sectors and has clarified what activities count as transition financing.
Indonesian president Prabowo Subianto’s pledge to retire the country’s fossil fuel plants last year was “misquoted by the media”, claims the leader’s brother Hashim Djojohadikusumo, arguing that such a move would be “economic suicide”.