Carbon capture and storage has been hailed as a potential way to reduce emissions, but it is more likely to increase them by boosting oil and gas extraction. The cheaper and more effective solution is to move to cleaner forms of energy.
The concept of a just transition has become mainstream, as seen from initiatives across the world, from Dubai to China, New Zealand, and the Philippines. However, the role that private actors can and should play in this remains unclear.
As the Asian Development Bank holds its premiere clean energy event this week, human rights activist Lidy Nacpil argues it is not acceptable merely to accelerate the transition.