House Bill 7705, the low carbon economy bill, could help the climate-vulnerable nation seize the economic opportunities that come with decarbonisation.
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As Asian countries move to cut their emissions, businesses must both decarbonise and look beyond their value chains for credible and impactful climate action.
Now that the developed world has finally accepted a degree of financial responsibility for the loss and damage caused by climate change, the broader climate debate will henceforth turn on the question of liability.