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Editor's Choice

Dear reader,

As the world prepares for the upcoming climate talks in Glasgow, reports seeking to paint what's at stake are coming fast and furious. Our top story this week features IEA's latest report which predicts fossil fuel use will peak by 2025, but warns that clean energy investment needs to be tripled.

The complex global transition is well underway, and next week, we will be putting the spotlight on barriers and opportunities in Australia's energy transition. Climate ambition by its government is ranked lowest in the world, yet Australia has seen strong corporate action. What is the roadmap for its decarbonisation journey? Join the conversation on 21st October by registering here.

On 27 October, we will shift the focus to Indonesia to discuss the nation's circular economy opportunity — estimated to generate a trillion dollars in GDP while creating 4.4 million jobs by 2030 — in a forum with our partners United Nations Environment Programme. Find us here. 

Next month, we will be hosting our flagship Cities: Possibilities event to discuss the pathways we can take to achieve net zero cities and raise climate ambition. If you'd like to be involved, get in touch at partners@eco-business.com.

Finally, don't forget to send in your nominations for the Eco-Business A List of the inspiring individuals and youth who have been driving the agenda on sustainability amid this pandemic.

Enjoy this week's read.

Jessica Cheam

Editor's Choice

Investment in renewables must triple by end of decade to curb climate change

Investment in renewables must triple by end of decade to curb climate change

A new report by global energy watchdog IEA projects fossil fuel use to peak by 2025, but warns that clean energy investment needs to increase as part of the rebound in global energy spending post-pandemic to avert a climate catastrophe.

Deforestation from palm oil falls to three-year low

Deforestation from palm oil falls to three-year low

Zero-deforestation commitments from multinational consumer brands may be helping to slow tropical forest destruction in Indonesia, Malaysia and Papua, meanwhile the region's top deforesters are expanding plantations to produce biofuel.

Google, YouTube ban climate change denial ads

Google, YouTube ban climate change denial ads

In a bid to clamp down on climate change misinformation, Google has announced a new policy prohibiting users from being able to monetise climate denial content on its platforms.

The next big ESG issue? Employee well-being

The next big ESG issue? Employee well-being

Green finance experts debated how to integrate ESG into mainstream business at Ecosperity Week with worker wellbeing pegged as the issue to watch. But the complexity and paucity of ESG data remains an obstacle for corporate sustainability.

How much do Southeast Asians care about environmental and social issues?

How much do Southeast Asians care about environmental and social issues?

A new study finds deep concern for environmental and social issues in Southeast Asia, with youth, gender and affluence key factors influencing how strongly people feel. Filipinos seem to care the most, Singaporeans the least. Why?

New gas development threatens Philippine marine protected area

New gas development threatens Philippine marine protected area

Activists and locals near the Verde Island Passage, a marine biodiversity-rich region in Batangas, protest against San Miguel Corp and Linseed’s gas facilities, which they say will be detrimental to the area and the surrounding community.

WEF’s head of nature and biodiversity: we are using public funds to destroy public goods

WEF’s head of nature and biodiversity: we are using public funds to destroy public goods

As the United Nations Biodiversity Conference begins, Eco-Business sits down with Akanksha Khatri to talk about the importance of natural capital accounting and her dream of countries adopting a Global Ecosystem Product (GEP).

PropertyGuru co-founder Steve Melhuish joins Eco-Business as strategic investor

PropertyGuru co-founder Steve Melhuish joins Eco-Business as strategic investor

Eco-Business has welcomed a new strategic investor - Steve Melhuish, co-founder of Southeast Asia's largest proptech platform PropertyGuru - who has taken an equity stake in Eco-Business.

Sustainability targets: where are companies getting stuck?

Sustainability targets: where are companies getting stuck?

More Asian companies are setting goals to boost their sustainability, but some may be stymied by insufficient data on their operations to craft effective plans.

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