Unlocking capital for sustainability
Stories inspired by Eco-Business's annual sustainable finance forum, Unlocking Capital for Sustainability.
News / Carbon & Climate
US-China rivalry driven by irrationality could derail climate action: former diplomat Kishore Mahbubani
When geopolitics interferes, humanity cannot choose the best leaders to tackle climate change, warned the Singaporean ex-diplomat at the Unlocking capital for sustainability forum.
News / Policy & Finance
Stopping deforestation ‘not costly’, must be Asia’s top priority with focus on integrity: Singapore’s climate action ambassador
Citing estimates, former central banker Ravi Menon says a carbon price of just US$20 per tonne could halve Southeast Asia's deforestation rate. At the Unlocking capital for sustainability 2024 summit, he cautioned that Asia cannot compromise on emissions cuts even as it pursues growth. The loss of carbon sinks has "serious implications".
News / Carbon & Climate
Carbon tax ‘less costly’, more effective than emissions trading for the Philippines: WWF exec
Putting a direct and pre-defined price on fossil fuel emissions will generate more revenue and is not as expensive as setting up a cap and trade scheme, mooted under a new low carbon economy bill, says Edgardo Tongson, WWF Philippines' sustainable finance lead.
News / Policy & Finance
Treat low carbon bill as investment pact to tap on cost-competitive deals, Philippine lawmaker urges private sector
The Philippines has no formal net-zero commitment, reminds congresswoman Anna Victoria Veloso-Tuazon at the Unlocking capital for sustainability event held in Taguig. The new bill can bridge the climate investment gap and help businesses become Paris-aligned.
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News / Food & Agriculture
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News / Policy & Finance
Are biodiversity credits doomed to repeat the voluntary carbon market’s flaws?
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News / Energy
Aramco CEO: Developing Asia cannot afford clean energy, region should invest in ‘improving’ oil and gas
The CEO of the world's biggest oil company said the energy transition is "way off the pace" and … -
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News / Carbon & Climate
Climate scientist sounds alarm on emissions growth: ‘Every day in Singapore will be beyond the limits of human existence’
Singapore could be virtually unliveable by the end of the century unless emissions reduce, warns climate scientist Ben … -
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News / Policy & Finance
‘Ambition’ problem: Why most Southeast Asian nations missed the COP16 biodiversity pledges deadline
Most Southeast Asian nations missed the COP16 deadline to submit updated biodiversity pledges. Competing priorities and financing gaps … -
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News / Carbon & Climate
Scientists warn of ‘irreversible climate disaster’ as 25 Earth vital signs worsen
Tracking 35 planetary vital signs – used to gauge Earth’s response to human activities – researchers found 25 …
