Singapore state investment firm Temasek announced that it has accelerated investments towards sustainability solutions and raised its internal carbon price. But green groups remain concerned about the company’s continued support for carbon-intensive sectors.
A recent joint study by the Council on Energy, Environment and Water and International Institute of Sustainable Development claims that subsidies for India’s renewable energy sector have decreased by 59 per cent since 2017.
The Indonesian export ban on palm oil comes in as the world grapples with high cooking oil prices with the loss of sunflower oils following the conflict in Ukraine.
Spurred on by hefty new tax exemptions for electric vehicle imports, an ambitious policy to cut carbon emissions and urban pollution is picking up speed.