The bulk of funding will be used to address intermittency and variability of renewables in off-grid areas, says Asian Development Bank’s energy director Keiju Mitsuhashi. The Philippines alone will require $10 billion to improve its domestic grid.
Indonesia received the most funding from China over the last decade, according to a new report by Zero Carbon Analytics. But uncertainties caused by US-driven tariff plans could see Southeast Asian countries retract green investments, said an analyst.
Data centre hubs in the region can meet at least 30 per cent of their electricity demand by the end of the decade with wind and solar, without the need for battery storage, finds a new report by Ember.
Multilateral development banks can help derisk the costs of decarbonisation and interconnections, with tech companies like Google playing a key role as large offtakers of clean energy. But the Asean Centre of Energy needs the mandate of the region's leaders to develop feasibility studies and optimisation scenarios.
Given the US administration’s ambition to “drill, baby, drill” for oil and gas, its withdrawal from JETP could be good news for the energy transition.
作者
Grant Hauber
The financing gap is huge, but time is short. Given the inadequacy of a promised new climate finance goal, Southeast Asia should look beyond UN-led conferences to crowd in other sources of capital to tackle the climate crisis.
作者
Prapimphan Chiengkul
Asean needs to develop a collective response to the geopolitics of renewable energy in order to address resource nationalism and the adverse impacts of growing US-China rivalry on Southeast Asia's energy transition.
作者
Mirza Sadaqat Huda
To achieve net zero emissions in Southeast Asia, addressing the significant financing gap is crucial, requiring bold targets and more international support.
作者
Trang Nguyen
While some companies greenhush, others are upfront about their inability to meet sustainability targets. Eco-Business asked experts at the Ecosperity conference if it pays for businesses to be "vulnerable" about sustainability progress.
Campaigning for the city-state's general elections has crossed the halfway mark, but climate has hardly featured as an electoral issue. Eco-Business hits the streets to ask Singaporeans from a range of socioeconomic groups: Would they vote for a party that promises bolder climate action?
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.
Gaurav Sant, founder of startup SeaChange, tells Eco-Business about a technology he hopes will give the world's oceans the capacity to absorb additional carbon dioxide from the atmosphere.
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CapitaLand sustainability chiefs Vinamra Srivastava and Giovanni Cossu tell the Eco-Business Podcast that there is a viable path to net zero for the world's fastest growing cities.
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.
The new head of Japan and Southeast Asia for ClientEarth tells the Eco-Business Podcast how the law can be used to hold polluters to account in the world's biggest emitting region. She also says it's time the legal profession faced scrutiny for greenwashing.
Former petrochemicals industry executives Steve Willis and Genevieve Hilton have written a novel set 50 years into the future that has a happy ending. They tell the Eco-Business podcast that the book is a pitch to carbon-intensive industries to try workable climate solutions.