News / #decarbonisation
Ocean-based goals in submitted Nationally Determined Contributions overlook tougher targets including fossil fuel phase-out.
Polisi & Kewangan
Resilient and ready: Thai businesses don’t see climate action as a burden but a ‘competitive edge’
Studio EB
A new Climate Change Act expected to introduce mandatory emissions reporting and reshape the nation’s business landscape will further accelerate Thai companies’ push to decarbonise and stay globally competitive, says UOB Thailand sustainability chief Chow Wong Yuen.
Over 70 per cent of organisations are investing more than 10 per cent of their capital expenditure in low-carbon initiatives as digitalisation and automation take centre stage.
However, a sharp drop in recent solar installations could create structural headwinds towards peaking emissions. Greenpeace East Asia urged Chinese policymakers to plan for more renewables substitution and consider a just transition.
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