Eco-Business

The government has ambitious plans for renewable energy but coal power is still on the rise.

The number of new coal plants under development in the Organisation for Economic Co-operation and Development (OECD) region has reached record lows since the signing of the Paris Agreement in 2015.

Ending the damaging price war may require fundamental reform. How did the industry get here, and how can it recover?

The new Partnership for Carbon Accounting Financials guidance goes beyond the dominant financed emissions metric and could be used to quantify avoided emissions from financing the early phase-out of coal, which has gained momentum in Asia.

Oleh Siva Selan

Oleh Samantha Ho

Oleh Jeremy Chan

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Indonesian president Prabowo Subianto G20

The Indonesian leader promised to retire all coal power plants in the country within 15 years, but the country’s delegation at Baku failed to mention the funding gaps and access barriers in order to achieve it. Oleh Benita Sashia Jayanti

44th and 45th Asean summits and related summits in Lao PDR

Asean needs to develop a collective response to the geopolitics of renewable energy in order to address resource nationalism and the adverse impacts of growing US-China rivalry on Southeast Asia's energy transition. Oleh Mirza Sadaqat Huda

Climate campaigners hold a protest action near the US embassy in Manila

Geopolitical turmoil must not be allowed to distract global decision-makers from the urgent imperative of tackling climate change. There is no excuse for letting COP29 conclude without delivering ambitious, credible financing commitments to support climate action – including the clean-energy transition – in developing economies. Oleh Ana Palacio

A street in South Jakarta, with exposed electrical infrastructure

To achieve net zero emissions in Southeast Asia, addressing the significant financing gap is crucial, requiring bold targets and more international support. Oleh Trang Nguyen

Oleh Vaibhav Chowdhary dan Venugopal Mothkoor

Oleh Shania Scotland

Oleh Laurence Tubiana dan Ana Toni

Oleh Christina Ng

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Transition credits explainer video_title card

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 Our urban infrastructure is responsible for almost 40 per cent of global carbon emissions. Climate solutions need to include the biggest energy guzzlers, clean energy and retrofitting old buildings.

Vietnam's wind market is thriving, but more work lies ahead if the country wants to power its booming economy without imperilling its people and the planet.

Southeast Asian nations are racing to bring clean, affordable power to their people, but one country is outrunning them all. How can states make their renewable energy transition a success?

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David Antonioli says current rules spur piecemeal offsetting instead of enabling faster growth of climate ventures. He expects pushback to his ideas in a market polarised over integrity issues, but wants players to think big-picture.

Climate tech podcast with Steve Melhuish

Entrepreneur Steve Melhuish tells the EB Podcast where the biggest opportunities to reduce emissions and make money are in Southeast Asia, and why finding the right economic incentives is critical for climate tech startups.

The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.

Laos has announced the construction of two new coal plants for this year, despite growing evidence that coal power comes with significant financial risk. What is holding back the country from tapping its rich clean energy resources instead?

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