Eco-Business

EB Studio The operationalisation of Article 6 at COP29 can be a critical lever to enable Asia Pacific’s transition to a low-carbon economy. Fragmented standards across countries, however, still present implementation challenges amid global geopolitical shifts.

The global fund’s fifth meeting closed with the amount available to help vulnerable nations cope with climate risk reduced by more than US$50 million.

Increasing allocations and giving states more freedom on how they can spend EFT funds could make this mechanism more effective, say conservationists. Malaysia's environmental sustainability minister Nik Nazmi also agrees there is a good basis to make the scheme more permanent, but in-depth discussions must be held with the states, he told Eco-Business.

She succeeds Thomas Brzostowski, who was interim Singapore country director, and will be a senior advisor for regional climate and conservation initiatives.

By Samantha Ho

By Gabrielle See

By Shalinee Kumari

Thomson Reuters Foundation

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There is scepticism around climate finance through private investments, and if private finance is to play a bigger role, policy reforms ahead of this year’s COP30 are needed. Alternatively, could the G20 or BRICS lead on climate finance? By Montek Singh Ahluwalia

The rise of 'greenhushing' – when companies downplay environmental risks for financial or political reasons – reflects not just changing communications strategies, but rising tensions between competing priorities. By Bertrand Badré and Thomas Crampton

After spinning off its thermal coal assets, Adaro Energy Group, the world’s sixth-largest coal mining company, will have access to financing from two banks that previously withdrew funding for its aluminum smelter project in February 2023. By Ghee Peh and Mutya Yustika

The UN has declared 2025 the International Year of Glaciers' Preservation as climate change speeds up ice loss not only in the Arctic and Antarctica, but in Asia's Hindu Kush Himalayas, which is warming three times the global average rate. By Masatsugu Asakawa

By Serge Ekué and Javier Díaz Fajardo

By Stuart P.M. Mackintosh

By Prapimphan Chiengkul

By Gernot Wagner

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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.

EB Studio From sponge cities to coastal forests, Asia is seeking ways to work with nature and prepare for the risks in a warmer-than-expected future. This Eco-Business video looks at what else cities need to do to strengthen climate resilience.

Rich nations need to shift investments into renewables instead, they say. The civic space for demonstrations at this year's climate summit, held in Egypt, is more restricted than the Scotland event last year.

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Jessica Cheam, Mervyn Tang and Jocelyn Dove speaking at the Sharpening the ESG focus 2025 event

Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.

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.

Asia lags the world in natural catastrophe protection. Part of the problem could be counting extreme weather losses only after they happen, industry insiders tell the Eco-Business podcast.

The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.

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