#economy News

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A record surge of clean energy kept China’s carbon dioxide (CO2) emissions below the previous year’s levels in the last 10 months of 2024.
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Indonesia is considering withdrawing from the Paris Agreement, arguing it is unfair for developing nations to comply when a major polluter like the US has pulled out, again.
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The country should approach gas-fired power development with caution, write the authors of a new report from the Institute for Energy Economics and Financial Analysis.
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The year is likely to see cooperation between China and the European Union become more important, but both sides will have to carefully navigate developments that could lead to more trade friction. Transition finance is expected to grow.
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#economy Opinion

NEDA facade
There are plans to transform the Philippines’ socioeconomic planning agency, NEDA, into a new Cabinet department. But this proposal fails to address its declining relevance and inability to implement inclusive development projects.
Students Malaysia
Universities, not beholden to election cycles or shareholder demands, can invest in research to generate long-term climate data and transcend disciplinary silos, unlike other traditional institutions.
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Indonesia’s capital has poor water infrastructure. Existing water resources should be reused to avoid a water crisis.
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Developing countries like Pakistan must grasp the finance architecture for operationalising loss and damage, as it will be key at the upcoming COP.
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#economy Videos

EB NVPC Corporate Purpose Video
EB Studio Amid fresh debates about what corporate purpose should be, there is mounting evidence that corporate purpose leads to stronger brand reputation, better talent attraction and more resilience, leading to improved financial performance.
solar gili air id
Southeast Asia's largest energy consumer has been slow to transition to renewables, but recent policies point to greater expansion of the country's solar, tidal and geothermal energy production.
System change not climate change
Pension funds are some of the world's largest investors—holding trillions in assets—billions of which are pumped into fossil fuel companies like Shell, BP, and Total.
migrant fishermen fishing southeast asia
On International Human Rights Day, Greenpeace releases shocking testimonies from Southeast Asian migrants working on board foreign fishing vessels, plying the remote waters to meet Asia's surging demand for seafood.
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#economy Podcasts

Jessica Cheam, Mervyn Tang and Jocelyn Dove speaking at the Sharpening the ESG focus 2025 event
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.
Gojek vehicle in Indonesia
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.
Filipino commuters during Covid. Image: Commuters of Metro Manila
Exclusive As the country plunges into a recession borne out of the pandemic, how can it get back on its feet? On this podcast, Eco-Business spoke to top Filipino environmentalist Loren Legarda on how conservation should not take a backseat to economic development.
People using ATM machines in Singapore. Image: Robin Hicks/Eco-Business
Fossil fuels, tobacco, weapons—our banks could be spending our money on things we don't want them to. Eco-Business talks to finance expert Mayur Singh about why consumers in Asia should asking banks how they spend their money.
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