Financing News
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Deforestation surges 43 per cent despite global pledge to cut it in halfThe rate of natural forest loss was supposed to decrease between 2014 and 2020. Instead, we continue to lose a forest area the size of the United Kingdom per year, according to a new report released on the eve of a global climate summit in New York. -
Is the future of renewable energy in Asia to share it?If Asia is to rise to the clean energy challenge then sharing energy between countries will be one way to deal with intermittency issues. But political obstacles aside, how will it work?
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Major Norway pension fund weighs Brazil divestment over Amazon deforestationKLP, Norway’s largest pension fund with over US$80 billion in assets, said it may divest from transnational commodities companies operating in Brazil like Cargill, Bunge, and ADM if they work with producers who contribute to deforestation. -
The costs of heightened conflict in the HimalayasAs a series of conflicts in the Hindu Kush Himalayan region come into sharp focus, sidelining local populations, the long-term environmental costs may leave the region degraded, poor and desperate.
Financing Opinion
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The fast track to clean energy– One of the biggest questions for policymakers, investors, and ordinary citizens is whether the development and adoption of clean-energy technologies will take place slowly or rapidly. There is ample evidence to suggest that it will happen quickly, and that those beholden to fossil fuels will soon be throwing good money after bad. -
Ensuring sustainable finance for family planning– The Trump administration's defunding of sexual and reproductive health services worldwide has underscored developing countries' vulnerability to the whim of donors. Given the importance of sexual and reproductive health to development, governments must take action to ensure adequate funding. -
Why 'bold action' on climate in Asia means nothing short of a moratorium on fossil fuel financePolicy & Finance
Why 'bold action' on climate in Asia means nothing short of a moratorium on fossil fuel finance
– While Japanese and Singapore banks have begun to recognise climate risks as bad for business, policies adopted are far too lenient to meet the targets set by the science, argues Shin Furuno.
Videos
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Highlights from Ecosperity Week 2019– Eminent speakers and thousands of attendees discussed strategies for a resource-efficient future at Ecosperity Week 2019. As they heard about the science of global warming, delegates were called upon to be part of the solution.
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Ideas to tackle the existential threat of global warming– Suggestions by delegates at the World Bank's recent Innovate4Climate event in Singapore included: Supporting developing countries in their efforts to conserve the forests, and launching more incubators for climate-friendly solutions.
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An electrifying solution to improve livelihoods– In line with the Sustainable Development Goals' aim to eradicate poverty, a Japanese multinational electronics firm is providing power supply stations, solar storage and products to countries with little or no access to electricity.
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How is China’s overseas energy investment impacting the Global South?– China has provided huge funding supposedly to help developing countries mitigate and adapt to climate impacts, but it is also financing coal projects included in the Belt & Road Initiative (BRI). What do recipient countries make of this?
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