The Just Energy Transition Community, a new philanthropic coalition, is channeling capital into frontline energy projects for farming and fishing villages in the Philippines and Indonesia.
Although they are also increasing their investments into climate solutions and transition finance, few have a plan to address high-emitting sectors, including fossil fuels, a new study by the Asian Investor Group on Climate Change found.
As national systems rapidly expand in the region, the challenge and opportunity is to align them into an interoperable network that can unlock efficient, trusted, and scalable global climate finance.
Oleh
Mandy Rambharos
The 48th Asean Summit in Cebu closed last week vowing “just” energy transition yet fossil fuel dependence and “green extractivism” deepen inequalities.
Oleh
Aryanto Nugroho dan
Angela Asuncion
Carbon credits to be tabled under Malaysia’s new climate change bill should serve as a bridge towards decarbonisation rather than a substitute for it.
Oleh
Renard Siew
In this wide-ranging fireside chat moderated by Eco-Business CEO Jessica Cheam, AIA Group's chief investment officer Dr Mark Konyn asserts there is “no U-turn” among corporates invested for the long term, even as political regimes change amid a new world order.
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.
Studio EB
Investors are starting to feel the effects of climate change in an unexpected place – their financial returns. There are now growing calls within the business community to improve the quality and coverage of climate risk disclosure.
After 20 years without electricity, more than 50 households in Cebu's poorest district have been provided with solar energy, financed by carbon offsets.
Government must call on development finance institutions to tap on risk management tools to make the capital-intensive technology more investible, Global Wind Energy Council’s Ann Margret Francisco tells the EB Podcast.
Eksklusif
The economist and president of the UN Sustainable Development Solutions Network told the Eco-Business Podcast how China’s green industrial and financial capabilities can help accelerate Southeast Asia's transition to net zero.
At the close of COP30, nations agreed to triple adaptation finance by 2035, while the fund for loss and damage appeared to remain sidelined. Lidy Nacpil, a long-time attendee of the climate conference, explains why.
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.