Eco-Business

Move brings the country’s advanced emissions trading scheme closer to EU model as Seoul tightens 2035 emissions-cut target.

In a tense closing plenary, countries protested the lack of finance and new adaptation indicators, amid a failure to include fossil fuels in the final agreement. The hard-won inclusion of the just transition work programme was overshadowed by vague funding promises and the exclusion of critical minerals.

From pandas and K-pop to reused materials and a debut pavilion at a United Nations climate COP for Asean, Eco-Business reports what the region’s countries put on show this year to steer the climate conversations.

Producing green ammonia can be commercially viable without domestic subsidies, but obstacles to scaling remain.

Oleh Cecilia Keating, Robert McSweeney

Oleh Hannah Alcoseba Fernandez

Oleh Shen Xinyi, Li Yedan

Oleh Samantha Ho

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With the planet headed for well beyond 1.5°C of warming, the stakes for business are rising. Those who confront climate risk now could unlock what many economists say is the growth story of the century. Oleh Eric Usher

The real drivers of the climate transition are no longer sitting in the sustainability department – they're in finance, as sustainability shifts from the realm of storytelling to accountability. Oleh Kaushik Sridhar

Tailors working in a local garment factory in Bangladesh

The fashion industry business will not come from diplomacy or presidential handshakes, but from trust-based relationships built on fair purchasing practices, sustainability concerns, and other ethical commitments. Oleh Joleen Ong

Thailand’s Climate Change Act is timely and responsive to public concern, but the current version is a frail gesture addressing a complex problem. Oleh Watcharapol Supajakwattana dan Paul Chambers

Oleh Peter Singer

Oleh Injy Johnstone

Oleh Julie de los Reyes dan Katrina Navallo

Oleh John Lang

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Wily Salim, founder and director, PT Karmic Virya Abadi

The convergence of the compliance and voluntary markets, demand for high-quality carbon credits and efforts to raise the bar on project credibility mean the conditions are right for a market rebound, observers said at the GenZero Climate Summit in Singapore.

Achim Steiner talking at the Responsible Business Forum in Singapore. Image UNDP Asia Pacific

The IPCC's climate warning is an opportunity for the business world to show leadership, said UNDP's Achim Steiner in the opening speech at the Responsible Business Forum in Singapore.

Breakthrough casts aside fear that carbon captured and stored underground can seep back into the air and explode.

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Studio EB With alternatives such as sustainable aviation fuel still too expensive and low in demand for the aviation industry to consider, carbon offsets could be a way to reduce emissions – if used right. EcoSecurities and the International Air Transport Association tell the Eco-Business podcast how airlines can ensure compliance when new regulations become mandatory

David Antonioli says current rules spur piecemeal offsetting instead of enabling faster growth of climate ventures. He expects pushback to his ideas in a market polarised over integrity issues, but wants players to think big-picture.

The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.

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