News / Asia Pacific
Policy & Finance
Saying ‘no new coal’ is not enough: Singapore’s central bank puts managed coal phase-out high on agenda
The Monetary Authority of Singapore will launch a public consultation in the coming weeks on its proposal to include additional criteria for a managed coal phase-out in the Singapore-Asia taxonomy, says the central bank’s newly-appointed chief sustainability officer Gillian Tan.
As talks start this week on a global pact to end plastic trash, informal waste pickers groups from Asia and Africa call to make social and economic benefits for those who earn a living from collecting recyclables to be part of the agenda.
Gas and coal demand is up in South and Southeast Asia, as governments look to get people enough power for live-saving air-conditioning. Greener solutions come with steep price tags, and policy momentum is not guaranteed, experts say.
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