The private sector is promised returns for power generation, but not grid deployment. State-owned PLN wants more innovative financing tools to build a 50,000 kilometre-long transmission network to distribute its growing green energy supply.
The greenhouse gas footprints of Southeast Asia's two largest ride-hailing companies went in opposite directions in 2023. Grab said increased demand for its services led to its emissions spike. GoTo said its emissions drop was a result of improved routing and operational efficiencies.
Accounting and finance departments across Asia Pacific must wake up to the impact that evolving sustainability standards have on their profession, said experts at a regional accounting forum.
Wind and solar expansion in the archipelago could mean renewables targets are met, but it has also worried environmentalists. A proposed wind farm in the Masungi Georeserve in Rizal province could impact up to a thousand hectares of karst landscape.