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.
As climate tech funding cools, the Singapore state-owned investor has launched an investment scheme betting on long-term returns from green assets, such as early-stage decarbonisation solutions in green steel and battery storage.
India's key export industries such as steel could be hit by the EU’s Carbon Border Adjustment Mechanism, which are designed to make sure Europe’s decarbonisation efforts are not undermined by trade partners with weaker pollution standards.
While many fear that Donald Trump’s re-election to office in the United States will undermine efforts to combat climate change, there have been two major steps toward widespread carbon pricing where it is needed most since March.
By
Adair Turner