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Press Releases / The World Bank

East Asia and Pacific: Sustained growth, momentum slowing

...powering development in the region,” said World Bank East Asia and Pacific Chief Economist Aaditya Mattoo.

2 Oct 2023

East Asia and Pacific: Sustained growth, momentum slowing

News / Energy

Can Indonesia ditch coal and improve lives with new green deal?

...power and boost the share of renewables in the sector. They include creating an independent power grid manager and an independent regulator for the power market, he said. Deforestation risks As the...

23 Nov 2022

Can Indonesia ditch coal and improve lives with new green deal?

News / Food & Agriculture

Solar pumps increase productivity, profits of West Bengal farmers

...powered pump user at Bererpara village in Hanskhali block. A relatively big farmer owning around 13 acres of land altogether in multiple plots, one of Karmakar’s two electricity-powered irrigation pum...

14 Jul 2023

Solar pumps increase productivity, profits of West Bengal farmers

News / Energy

Can Nepal’s new wildlife rules balance development and conservation?

...power sector. Uttam Bhlon, vice president of the Independent Power Producers’ Association, Nepal (IPPAN), tells The Third Pole that the new regulation encourages the private sector to develop more hyd...

15 Feb 2024

Can Nepal’s new wildlife rules balance development and conservation?

News / Energy

Bangladesh puts energy hopes in first nuclear power plant, despite delay

...power production - although it is ramping up coal-fired power in the short term to fill the gap. Last year the power ministry announced an ambitious goal to source 40 per cent of the nation's electric...

12 Jan 2023

Bangladesh puts energy hopes in first nuclear power plant, despite delay

News / Energy

Indonesia’s coal burning reaches record high amid rise of industrial smelting

...power sector at 290 million metric tons by 2030, faster than its initial goal of 2037. This is supposed to be achieved by retiring existing coal-fired power plants and freezing new power plant project...

17 Jul 2023

Indonesia’s coal burning reaches record high amid rise of industrial smelting

News / Energy

Ambitious solar project to join string of coal plants in Pakistan’s Thar district

...PowerChina, a Fortune 500-listed construction group. According to an agreement signed between Oracle and PowerChina in April 2023, the companies will work together in conducting the project’s necessar...

10 Jul 2023

Ambitious solar project to join string of coal plants in Pakistan’s Thar district

News / Policy & Finance

Bursa Carbon Exchange aims to trade Malaysia's first nature-based carbon credit by first half of 2024

...power Sustainability Alliance at the COP28 climate talks last year. While carbon credits can be used to offset a company's Scope 1, 2 and 3 emissions, renewable energy certificates can only be used t...

7 Feb 2024

Bursa Carbon Exchange aims to trade Malaysia's first nature-based carbon credit by first half of 2024

News / Carbon & Climate

‘Significant shift’ away from coal as most new steelmaking is now electric

...power this amount of steel production. While the country does build a lot of EAFs, it builds up to 250mtpa of clean iron making over time, making the short-term shortfall with clean HBI iron imports.”...

19 Jul 2024

‘Significant shift’ away from coal as most new steelmaking is now electric

Gibran Rakabuming Raka, the 36-year-old son of President Joko Widodo

News / Policy & Finance

Which of Indonesia's election hopefuls has the most climate credibility?

...power. Though Indonesia has received international acclaim for slowing the rate of deforestation during Jokowi’s administration, 3.1 million hectares of rainforest were lost between 2015 and 2022. The...

5 Feb 2024

Which of Indonesia's election hopefuls has the most climate credibility?

News / Carbon & Climate

As China’s carbon market turns two, how has it performed?

...power companies can emit in total,” Chen notes. “This is different from the positioning of the EU ETS, which puts a cap on companies’ overall emissions.” With the market’s launch, China’s power compan...

5 Sep 2023

As China’s carbon market turns two, how has it performed?

News / Cities

Disaster deaths decline but damage rises on hotter planet

...powerful cyclone surprised few in a fast-warming world, disaster experts highlighted the relatively low number of deaths - estimated at several hundred in worst-affected Myanmar and zero in Bangladesh...

26 May 2023

Disaster deaths decline but damage rises on hotter planet

Press Releases / Energy Development Corporation

EDC launches first Geo 24/7-powered vehicle

...powered by geothermal, which makes it a 100 per cent renewable energy-powered vehicle. Others are powered by electricity that usually comes from carbon-intensive coal. This EV is the vehicle of the fu...

14 Dec 2022

EDC launches first Geo 24/7-powered vehicle

News / Cities

Singapore embraces AI to solve everyday problems

...powered by generative artificial intelligence to help residents find free courts in the city-state's four official languages. The booking chatbot, which could be rolled out shortly, is among more than...

26 Feb 2024

Singapore embraces AI to solve everyday problems

News / Energy

‘Don’t disturb our economic growth’: Asian leaders weigh energy transition, development at Davos

...power technologies. “We will make sure that nuclear power will be used as a main energy source in the international community, as a major clean energy [source],” Yoon said. Interest in nuclear power i...

25 Jan 2023

‘Don’t disturb our economic growth’: Asian leaders weigh energy transition, development at Davos

Press Releases / EB Impact

Youth recipients of the first-of-its-kind sustainability education grant unveiled

...powering them to take leadership, equipping them with the tools, resources and aspirations to effect positive change in their communities.” “We are also grateful for this partnership with...

6 Nov 2024

Youth recipients of the first-of-its-kind sustainability education grant unveiled

News / Energy

Sun Cable troubles not an indictment of large renewables projects in Asia, say analysts

...adstock said that newer technologies such as hydrogen and nuclear energy could also creep in and displace investments from solar power in Asia. But he said that it is “very punishing” for Sun Cable to...

18 Jan 2023

Sun Cable troubles not an indictment of large renewables projects in Asia, say analysts

News / Policy & Finance

India's green credit scheme needs strong regulation to work

...power plants to demonstrate compliance by installing energy saving measures,” the study found, adding that thermal power plants that didn’t comply weren’t always penalised. Similarly, another market-b...

19 Jul 2023

India's green credit scheme needs strong regulation to work

Press Releases / Zuno Carbon

Singapore-based climate tech startup Zuno Carbon raises US$2.5 million in seed funding

...powered platform analyses the data collected, generates sustainability reports based on global regulatory frameworks, and provides actionable recommendations. “When it comes to climate-related ...

25 Jul 2023

Singapore-based climate tech startup Zuno Carbon raises US$2.5 million in seed funding

News / Energy

India has big clean energy goals – so why is it banking on coal?

...power goals. But the IEA said that growth could be held back by low levels of investment in emerging economies due to factors such as higher interest rates, unclear policy frameworks, weak power grids...

29 May 2023

India has big clean energy goals – so why is it banking on coal?

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