Sizeable coal power projects are costly and heavily reliant on foreign capital, but international investors are increasingly hesitant to finance coal projects.
The current pace of renewable-energy adoption still falls short of what it will take to hit the Paris agreement’s mid-century net-zero targets, and to meet the immediate development needs of those living in energy poverty.
As the frontrunner for green hydrogen projects in Southeast Asia, Sarawak’s success or failure in the next two years will serve as a bellwether for Malaysia’s hydrogen economy goals, Asean’s hydrogen future and global clean hydrogen demand.
As the Asian Development Bank holds its premiere clean energy event this week, human rights activist Lidy Nacpil argues it is not acceptable merely to accelerate the transition.