13. Climate action
Climate change is now affecting every country on every continent. It is disrupting national economies and affecting lives, costing people, communities and countries dearly today and even more tomorrow. The world continues to experience rising sea levels, extreme weather conditions (the North Atlantic hurricane season was the costliest ever recorded) and increasing concentrations of greenhouse gases. This calls for urgent and accelerated action by countries as they implement their commitments to the Paris Agreement on Climate Change.
Read our stories to learn more about SDG Goal 13: Climate action
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Policy & Finance
Stopping deforestation ‘not costly’, must be Asia’s top priority with focus on integrity: Singapore’s climate action ambassador
Citing estimates, former central banker Ravi Menon says a carbon price of just US$20 per tonne could halve Southeast Asia's deforestation rate. At the Unlocking capital for sustainability 2024 summit, he cautioned that Asia cannot compromise on emissions cuts even as it pursues growth. The loss of carbon sinks has "serious implications".
Carbon & Climate
Q&A: Why methane levels are rising with no ‘hint of a decline’
Levels of methane in the atmosphere have soared by record-breaking amounts since 2020, according to new research.
Carbon & Climate
Explainer: Why the Philippines does not have a net zero target
As the country releases its plan to reduce harmful greenhouse gas emissions by 2030, it does not mention a net zero target like most of its Southeast Asian neighbours. Eco-Business examines the possible scientific and political reasons behind the decision.
Carbon & Climate
Trust issues, lack of verifiable credits slowing investment in Singapore’s carbon market: study
The survey of energy executives in Southeast Asia found uncertainty over the effectiveness of carbon pricing and trading in reducing emissions. Better carbon accounting and transparent regulatory frameworks need to be in place to solidify Singapore's claim to be Asia's carbon hub.
Carbon & Climate
China is fostering a ‘climate generation’ but more support is needed
Opinion
The poor and their waste management practices are often condemned for being one of the main reasons behind flooding in the Philippines. Research shows such stereotypes are false and harmful.
Carbon & Climate
Breaking the green ceiling: Women in the Middle East are redefining sustainability leadership
Women are emerging as formidable forces leading the way towards a more sustainable and climate-aligned world in the region. For example, more women are taking on the role of chief sustainability officers.
Policy & Finance
Climate impacts are crippling insurance and Big Oil must pay up
From Greek wildfires to African floods, the costs of extreme weather is making insurance unsustainable.
Sizeable coal power projects are costly and heavily reliant on foreign capital, but international investors are increasingly hesitant to finance coal projects.
Policy & Finance
Climate adaptation is as imperative as mitigation
Carbon & Climate
Three ways Pacific nations are adapting to climate change
Videos
EB Studio
From sponge cities to coastal forests, Asia is seeking ways to work with nature and prepare for the risks in a warmer-than-expected future. This Eco-Business video looks at what else cities need to do to strengthen climate resilience.
Exclusive
Jack Johnson says yes, but it is a long road ahead. In this exclusive interview, we ask the American singer-songwriter and UNEP Goodwill Ambassador about his hopes for the state of the world and how music plays a role in providing a dose of optimism in dark times.
Carbon & Climate
Greenpeace activists block Shell facility in Philippine port to demand climate reparations
The action comes despite the oil giant suing the environmental group for US$2.1 million after demonstrators boarded the company’s vessel at the Atlantic Ocean in January.
Launched as policymakers lock horns with petrochemicals lobbyists over a treaty to end plastic pollution, the documentary produced by Eco-Business asks why opportunities to solve humanity's waste crisis are being wasted. It will premiere in Singapore and screen on the sidelines of the upcoming COP28 climate summit.
Podcasts
Goumbook launched a regional oceans network that brought discussions on the blue economy to the forefront at the last COP summit. Founder Tatiana Abella tells the Eco-Business Podcast why healthy oceans are important for the Middle East.
Policy & Finance
‘We can’t keep asking more questions’: CDP acknowledges it needs to do more with less ESG data
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.
David Antonioli says current rules spur piecemeal offsetting instead of enabling faster growth of climate ventures. He expects pushback to his ideas in a market polarised over integrity issues, but wants players to think big-picture.
Carbon & Climate
‘The problem is not that young people are eco-anxious. It’s that people in positions of power are not’: activist Clover Hogan
Eco-anxiety is a healthy psychological response, says 24-year-old activist Clover Hogan. The founder of nonprofit Force of Nature tells the Eco-Business Podcast how to respond to anxiety in a world that is "numb" to the climate crisis.
