While several projects have been suspended in the past year, the Japanese megabank still expects growing domestic demand for the gas, due to the need to clean up the power, mobility, chemical and steel sectors.
Our feature report on the use of transition credits to phase out coal-fired power in the Philippines was recognised among other regional newsrooms for editorial excellence.
As support for credits tied to shutting Asia’s coal plants early grows, a buyers alliance has been formed. Efforts to boost confidence in the new asset class have borne fruit and proponents are now looking at strengthening “the demand side of the equation” by end of the year, said Rockerfeller Foundation's climate lead Joseph Curtin.
The mechanism could also financially benefit the state utility company PT Perusahaan Listrik Negara (PLN) and attract private investments without burdening the state budget to scale renewable energy.
Energy transition research addressing the range of equity concerns across India’s socioeconomic groups and regions is rare. This needs to change.
By
Dr Aishwarya Ramachandran, Animesh Ghosh and Vaibhav Chowdhary
A handful of fashion brands – H&M, Ralph Lauren, Decathlon and Adidas – are working to stop using coal to power their factories in 2025, while others are prioritising decarbonisation at lower levels of ambition.
By
Peter Ford
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.
Exclusive
Jack Johnson says yes, but it is a long road ahead. In this exclusive interview, we ask the American singer-songwriter and UNEP Goodwill Ambassador about his hopes for the state of the world and how music plays a role in providing a dose of optimism in dark times.
Andrew Buay, vice president for group corporate sustainability at Singtel, tells the EB Podcast that CSOs should not be precious about losing part of their job as the function evolves.
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.
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.
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.