7. Affordable and clean energy
Energy is central to nearly every major challenge and opportunity the world faces today. Be it for jobs, security, climate change, food production or increasing incomes, access to energy for all is essential. Ensuring access to affordable, reliable and modern energy for all has come one step closer due to recent progress in electrification, particularly in LDCs, and improvements in industrial energy efficiency. However, national priorities and policy ambitions still need to be strengthened to put the world on track to meet the energy targets for 2030.
Read our stories to learn more about SDG Goal 7: Affordable and clean energy
To adopt SDG 7 Affordable and clean energy, in support of the 17 Sustainable Development Goals, please contact us at partners@eco-business.com
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Progress towards the construction of a China-funded coal power plant in Gwadar raises questions about the climate pledges of both China and Pakistan.
Policy & Finance
Credit rating methods are failing to give investors early warning of climate risks: study
The world’s top three credit rating agencies – S&P Global, Moody’s, and Fitch – still assign high investment-grade ratings to companies with weak ESG credit scores. This could expose investors looking for long-term returns to abrupt rating downgrades, a new study says.
Just one river is due to have 36 hydropower projects, with local people saying the impacts of tunnelling the mountainside are already forcing them to leave their homes.
Bhutan planned to have 10,000 MW of hydropower capacity by 2020; the delayed projects are costing over a billion dollars more than they were supposed to.
Opinion
In a bid to switch to greener fuels, Sarawak has ambitious plans to produce and export hydrogen. Given a slew of challenges, however, it remains to be seen if its plans will be realised.
To accelerate the net-zero transition and reduce Russia and China's global influence as the world’s leading providers of nuclear projects, shareholder governments must reconsider their outdated stance against the technology.
Policy & Finance
JETP in Indonesia after Jokowi
Last year, Indonesia and G7 announced a new energy transition funding mechanism called the Just Energy Transition Partnership (JETP). However, Indonesia’s 2024 general elections and the oligarchy have added uncertainty to its implementation.
Asean countries can take advantage of climate financing opportunities that emerged at the latest COP and prepare an investment-ready environment for clean energy development.
Policy & Finance
Smarter climate finance for the developing world
Videos
After 20 years without electricity, more than 50 households in Cebu's poorest district have been provided with solar energy, financed by carbon offsets.
Vietnam's wind market is thriving, but more work lies ahead if the country wants to power its booming economy without imperilling its people and the planet.
Southeast Asian nations are racing to bring clean, affordable power to their people, but one country is outrunning them all. How can states make their renewable energy transition a success?
In gridlocked, smoggy Southeast Asian cities, change is afoot to electrify transport and clear some of the world's most polluted skies. This video documents the pockets of hope for e-mobility around the most climate-vulnerable region.
Podcasts
Energy
‘Carrots, sticks, and hugs’: Scrutinising Indonesia’s US$20 billion just transition challenge
The populous coal-rich powerhouse has six months to tell investors how it plans to spend G7 money to decarbonise equitably. We ask experts about the risks, strategy, and opportunities.
Ambitious plans to transmit clean energy from India, China and Australia into Southeast Asia have been proposed in recent years. Eco-Business speaks with two energy experts on the prospects, challenges and ingredients for success.
Exclusive
In this new podcast series 'Climate Tech in Asia', Eco-Business speaks to Gogoro chairman and CEO Horace Luke about the company's recent listing on the Nasdaq and its quest to electrify Asia's ubiquitous two-wheelers and make battery swapping mainstream.
Carbon & Climate
Is the world decarbonising fast enough?
It is no longer business as usual when it comes to how we tackle climate change and rising global temperatures. Eco-Business speaks to Elena Philipova of Refinitiv about how data can ensure countries and businesses are delivering on pledges to decarbonise.
