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13. Climate action
Climate change is now affecting every country on every continent. It is disrupting national economies and affecting lives, costing people, communities and countries dearly today and even more tomorrow. The world continues to experience rising sea levels, extreme weather conditions (the North Atlantic hurricane season was the costliest ever recorded) and increasing concentrations of greenhouse gases. This calls for urgent and accelerated action by countries as they implement their commitments to the Paris Agreement on Climate Change.
Read our stories to learn more about SDG Goal 13: Climate action
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![[2] Laos said that it will temporarily suspend imports of petrol- and diesel-powered vehicles until the end of 2026.](https://eco-business.imgix.net/ebmedia/fileuploads/jean-baptiste-nore-4ds0e_VJSOY-unsplash_uohHYaF.jpg?ar=16%3A9&auto=format&fit=crop&ixlib=django-1.2.0&q=85&width=300)
A ban through end-2026 aims to reduce fossil fuel dependence, control EV prices and expand charging infrastructure as Southeast Asia’s electric vehicle market grows.
Policy & Finance
Transition finance needs ‘realism’, not reliance on private capital alone, says Prudential chair
Emerging markets face gaps in equity financing, currency risk protection and scalable investment structures, say experts, who warn that climate projects will not be bankable without stronger policy support and financial reform.
Growing focus on resilience comes as funding needs for climate adaptation outpace available capital.
Exclusive
Singapore-based circular clothing enterprise Cloop said it does not want to encourage dumping of cheap, disposable clothing that cannot be resold.
Opinion
Corporate Responsibility
ESG is fragmenting – how should businesses respond?
ESG is meant to align environmental, social and governance priorities. But companies are increasingly being forced to choose between competing issues as ESG starts to break apart. How should companies rethink their approach?
Policy & Finance
Sustainable economies will own the future
The Covid-19 pandemic and the wars in Ukraine and Iran have reframed the issue of sustainability, which is now as much about sovereignty and economic security as it is about planetary health. Countries and companies that fail to recognise this have everything to lose in the coming years.
While tensions around the Strait of Hormuz are rattling global oil markets, energy security is no longer defined solely by access to fossil fuels. What China has understood, and Europe has not, is that security now depends on electricity systems that can deliver low-cost power at scale and support heavy industry.
New research finds urban trees can cut city heat almost in half, though unequal tree cover and rising temperatures mean greening alone will not shield cities from worsening climate extremes.
Policy & Finance
Asia's economic diplomacy for tumultuous times
Food & Agriculture
China’s next strategic edge? Sustainable protein
Videos
Carbon & Climate
‘Resilience is not a buzzword’: Palm oil leaders call for industry reset amid global shocks
In the inaugural episode of Eco-Business's new Resilience podcast series, industry leaders say the palm oil sector's ability to weather disruption will depend not on certification alone, but on rethinking the relationships that underpin the entire supply chain.
Watch our panelists discuss the current landscape and challenges of Scope 3 disclosures, and the enabling role of technology and organisational buy-in to close the reporting gap.
The impact documentary exploring Asia's mounting waste crisis – and its solutions – is now streaming exclusively for Eco-Business subscribers.
In the latest episode of the Climate Tech in Asia series, we speak to Breakthrough Energy and Green COP about what the shifting geopolitical landscape means for the climate tech ecosystem in Asia.
Podcasts
The Malaysia-headquartered bank's sustainability chief tells the EB Podcast about the discipline's mandate to prove value, wrestling with NGOs, and greenwashing in finance.
Energy
Geothermal is no longer an underdog technology, but a strategic advantage for the Philippines
EB Studio
Critical to the country’s energy security in the 1970s, geothermal is now re-emerging as the Philippines’ biggest clean energy advantage at a time when countries are seeking reliable, round-the-clock renewable power, says Francis Giles B. Puno, president and chief operating officer of First Gen Corporation.
Former Yale-NUS environmental social sciences professor Michael Maniates tells the Eco-Business Podcast that individual actions like going vegetarian, reducing plastic use or avoiding air travel are not only insufficient to address the climate crisis – they are counterproductive.
In the latest episode of the Climate Tech in Asia series, we speak to Breakthrough Energy and Green COP about what the shifting geopolitical landscape means for the climate tech ecosystem in Asia.
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