Carbon dioxide (CO2) emissions from fossil fuels and cement will rise around 1.1 per cent in 2025, reaching a record 38.1 billion tonnes of CO2 (GtCO2), according to the latest figures from the Global Carbon Project.
Indonesia is the “most blatant example yet of corporate capture by a developing country” at this year’s climate summit in Brazil, a non-profit said. Meanwhile, Indonesia has reaffirmed its 2060 net zero target.
The amount of forest lost around the world has reduced by millions of hectares each year in recent decades, but countries are still off track to meet “important” deforestation targets.
With the planet headed for well beyond 1.5°C of warming, the stakes for business are rising. Those who confront climate risk now could unlock what many economists say is the growth story of the century.
By
Eric Usher
Australia's latest climate risk assessment highlights what could happen at 1.5, 2, and 3°C of warming in 2050 and 2090. The risks are alarming. But the rewards of limiting warming are worth fighting for.
By
Vaidehi Shah
As commitment to climate action unwinds in some parts of the world, companies in Asia could play an important role in the decarbonisation story. But sourcing the right tools to reduce emissions is critical.
By
Paul Chow
It is risky to assume the many high-level standard-setting initiatives today can provide blanket improvements. Asian businesses all have a part to play to create a trusted carbon market that benefits climate, nature and stakeholders.
By
Jessica Cheam and
Liang Lei
EB Studio
Thinking about your carbon footprint can be mind-boggling. Even if you wanted to do something about it, where do you start? With this mobile app, all the information you need is at your fingertips.
EB Studio
With alternatives such as sustainable aviation fuel still too expensive and low in demand for the aviation industry to consider, carbon offsets could be a way to reduce emissions – if used right. EcoSecurities and the International Air Transport Association tell the Eco-Business podcast how airlines can ensure compliance when new regulations become mandatory
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.
GoTo sustainability head Tanah Sullivan tells the Eco-Business Podcast that regulating net-zero claims would decarbonise Southeast Asia faster. Indonesia's biggest internet firm aims to cut emissions to zero by 2030 — a target critics say is unrealistic.
The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.