Eco-Business

Scheme will cover up to 400 major emitters and set a floor and ceiling on CO2 prices ahead of 2027 market launch.

He cited ministerial bureaucracy and the pace of government processes behind his decision, saying he is most comfortable contributing to projects on the ground.

From flood control scandals that swallowed billions in public funds to Indigenous resistance against palm oil bulldozers, Eco-Business’ 10 most-read stories show how extreme weather, geopolitics and rushed renewables are sharpening the urgency – and complexity – of climate action across Asia.

This year, ‘greenrinsing’ – shifting climate targets after luring investment – cast a shadow over corporate decarbonisation efforts, while fossil fuel firms leaned on carbon capture technologies to justify ongoing expansion and promoted natural gas as "clean".

By Taejun Kang

By Samantha Ho

By Niu Yuhan

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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

The real drivers of the climate transition are no longer sitting in the sustainability department – they're in finance, as sustainability shifts from the realm of storytelling to accountability. By Kaushik Sridhar

Tailors working in a local garment factory in Bangladesh

The fashion industry business will not come from diplomacy or presidential handshakes, but from trust-based relationships built on fair purchasing practices, sustainability concerns, and other ethical commitments. By Joleen Ong

Thailand’s Climate Change Act is timely and responsive to public concern, but the current version is a frail gesture addressing a complex problem. By Watcharapol Supajakwattana and Paul Chambers

By Peter Singer

By Injy Johnstone

By Julie de los Reyes and Katrina Navallo

By John Lang

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Wily Salim, founder and director, PT Karmic Virya Abadi

The convergence of the compliance and voluntary markets, demand for high-quality carbon credits and efforts to raise the bar on project credibility mean the conditions are right for a market rebound, observers said at the GenZero Climate Summit in Singapore.

Achim Steiner talking at the Responsible Business Forum in Singapore. Image UNDP Asia Pacific

The IPCC's climate warning is an opportunity for the business world to show leadership, said UNDP's Achim Steiner in the opening speech at the Responsible Business Forum in Singapore.

Breakthrough casts aside fear that carbon captured and stored underground can seep back into the air and explode.

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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.

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.

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