The war's economic impact extends beyond oil production to include global food and industrial supply chains, as fertiliser and petrochemical costs feed into agriculture and plastics, found a study by the Asian Development Bank.
The renewable energy resource, which has received loan financing for exploration and early-stage drilling, could help shield the country from energy security risks brought about by the conflict in the Middle East, said Philippine energy secretary Sharon Garin.
Finalising ambitious climate targets, being self-reliant for climate funding and striving to uphold human rights aspects of critical minerals are ways the new Asean chair can steer the region to meet low carbon ambitions, amid geopolitical upheaval.
Even as political denial and regulatory paralysis grip parts of the West, a different message has been resounding across Asia – it is not retreating, but rising to the occasion.
By
Jessica Cheam
With one of the weakest carbon taxes globally, the region’s largest economy risks becoming the world's leading enabler of carbon leakage, where emissions aren't reduced, just outsourced to nations with weaker policies.
By
Rizka Nugrahaeni
The financing gap is huge, but time is short. Given the inadequacy of a promised new climate finance goal, Southeast Asia should look beyond UN-led conferences to crowd in other sources of capital to tackle the climate crisis.
By
Prapimphan Chiengkul
Following the letdown of COP29, Asean needs to step up and lead the way in controlling emissions from Southeast Asia’s agri-food system.
By
Elyssa Kaur Ludher and
Paul Teng
Yeb Saño, head of the Climate Change Commission of the Philippines, attributes typhoon to climate change and calls for international community to implement a 'loss and damage' mechanism
At the close of COP30, nations agreed to triple adaptation finance by 2035, while the fund for loss and damage appeared to remain sidelined. Lidy Nacpil, a long-time attendee of the climate conference, explains why.
Southeast Asian energy ministers will meet in October to discuss the future of the region’s power grid. GEAPP’s Kitty Bu tells the Eco-Business podcast what areas they must collaborate on, and how finance and industry can help.