As a global climate banking alliance softened its stance on mandatory targets, some chief sustainability officers of Southeast Asian banks think it is time to 'come back to earth' on transition pathways and reporting requirements.
Nearly 60 countries have drastically scaled back their plans for building coal-fired power plants since the Paris Agreement in 2015, according to figures released by Global Energy Monitor (GEM).
Global power-sector emissions hit an 'all-time high' in 2024, despite solar and wind power continuing to grow at record speed, according to analysis from thinktank Ember.
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There may be hope for methane abatement with recently proposed guidelines and funding pledges. But with the United States back-pedalling on climate policies, will they be enough?