Singapore's DBS Bank is newly listed among the top 60 banks globally which committed US$705 trillion into fossil fuel financing in 2023, a new report shows.
A phase-out of diesel subsidies does not come without political risk and short-term pain for consumers, but could position Malaysia as a regional frontrunner for clean energy policy, say academics and business owners.
As COP29 president Mukhtar Babayev outlines climate plans for the upcoming negotiations during the Petersberg Climate Dialogue in Berlin, Azerbaijan president Ilham Aliyev said at the same event that it won’t stop investing in oil and gas.