There is a disconnect between brands' pursuit of decarbonisation targets and the provision of financing to their suppliers. Companies such as H&M are now working with banks in the region on new loan structures to support factory upgrades. Will that make a difference?
As floating photovoltaic systems emerge as a bright spot in the Philippines' renewable energy quest, how can the archipelago push expansion while minding the technology's potential environmental and social impacts?
The region leads the world in the growth of solar and wind certificate issuances. Such deals are helping developers secure funding and take off in nascent markets, amid accusation that companies buying RECs inflate their green claims.
Asia’s sustainability heads foresee some relief from reporting burdens this year, but articulating the financial value of social, biodiversity and climate-related impacts, engaging suppliers and staying ahead of regulations will keep them busy.
Just Energy Transition deals have been “long on promise but short on progress”, the US-based philanthropic group says. It recommends countries iron out investment plans before making big political statements.
The country’s largest utilities could have 11 million more tonnes of liquefied natural gas per year than needed by 2030. The resultant gas exports could create overcapacity and fry climate targets in emerging Asian markets, analysts say.
There is a disconnect between brands' pursuit of decarbonisation targets and the provision of financing to their suppliers. Companies such as H&M are now working with banks in the region on new loan structures to support factory upgrades. Will that make a difference?
The Singapore lender, which has cut a third of its coal exposure since 2021, said that its pledge to cease financing new coal assets remains unchanged. It is still undecided on how to account for this emerging emissions category.
This year's budget, which includes a S$5 billion energy fund and investment sweeteners for sustainability initiatives, is seen as one that will signal the future priorities for the city-state's new generation of leaders.