The archipelagic state's ability to meet its 2060 net-zero target hinges on linking diverse, far-flung electricity networks. A connected grid will also enable regional power sharing, said experts at the Unlocking capital for sustainability event in Jakarta.
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Federico P. Tancongco, senior vice president and chief compliance officer of the Philippines' largest lender, tells Eco-Business why he does not foresee the bank walking back on its commitments to tighten coal-related financing.
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While transition finance is becoming more well-accepted in Asia, UOB's Eric Lim says that clear sectoral and national regulatory guidance are needed to help companies publish high-quality transition plans they can feel confident to execute.
What the role of the board in the just transition? Board directors unpack the complex transition required and how to bridge the divide at a recent dialogue at Unlocking capital for sustainability.