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.
Floating solar deals, cross-border energy plans and a new carbon credit framework highlight early progress, but achieving net zero will require rapid capacity expansion and a more resilient, modernised grid.
Redirecting the energy funding Indonesia receives from China entirely into renewables could mobilise up to US$9 billion over the next decade. But enabling Chinese investment will require stronger industrial policies, a study finds.
Indonesia is the “most blatant example yet of corporate capture by a developing country” at this year’s climate summit in Brazil, a non-profit said. Meanwhile, Indonesia has reaffirmed its 2060 net zero target.
In Vietnam, an impasse over feed-in-tariffs for renewable energy producers threatens foreign investors’ confidence in government policies.
Oleh
Le Hong Hiep
Even as political denial and regulatory paralysis grip parts of the West, a different message has been resounding across Asia – it is not retreating, but rising to the occasion.
Oleh
Jessica Cheam
Resource nationalism can impede energy cooperation in Southeast Asia. Asean can use a mix of carrots and sticks to deal with it.
Oleh
Mirza Sadaqat Huda
Progress towards Indonesia's renewables target has been slow. Rethinking energy subsidies and carbon pricing can hasten the shift of Southeast Asia's largest economy away from coal.
Oleh
M. Arief Virgy
While some companies greenhush, others are upfront about their inability to meet sustainability targets. Eco-Business asked experts at the Ecosperity conference if it pays for businesses to be "vulnerable" about sustainability progress.
Campaigning for the city-state's general elections has crossed the halfway mark, but climate has hardly featured as an electoral issue. Eco-Business hits the streets to ask Singaporeans from a range of socioeconomic groups: Would they vote for a party that promises bolder climate action?
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.
Gaurav Sant, founder of startup SeaChange, tells Eco-Business about a technology he hopes will give the world's oceans the capacity to absorb additional carbon dioxide from the atmosphere.
As the Philippines gears up to chair Asean next year, Michael Sinocruz says the government will push offshore wind to bolster cross-border renewable energy trade, while protecting marine life impacted by infrastructure.
Southeast Asian energy ministers will meet in October to discuss the future of the region’s power grid. GEAPP’s Kitty Bu tells the Eco-Business podcast what areas they must collaborate on, and how finance and industry can help.
In the first of a podcast series featuring Southeast Asia's clean energy entrepreneurs, the CEO of Gurin Energy says that Asean countries will be left behind in artificial intelligence and robotics if the region does not connect its grid and deploy renewables at speed and scale.
Studio EB
CapitaLand sustainability chiefs Vinamra Srivastava and Giovanni Cossu tell the Eco-Business Podcast that there is a viable path to net zero for the world's fastest growing cities.