Singapore inked a deal with the United States on the same day Indonesia nudged Russia for help. Analysts worry of geopolitical rivalries splitting the region and call for faster work on Asean safeguards – or simply focusing on renewables.
Several commitments have been made in 2023 to boost clean energy in the region, and observers are now looking for signs of real action. Meanwhile, solar manufacturers could be in for a bumpy ride.
Bhutan planned to have 10,000 MW of hydropower capacity by 2020; the delayed projects are costing over a billion dollars more than they were supposed to.
Investors now need to be fully aware of the environmental and social implications of geopolitics – or else remain oblivious to the risks and opportunities. ESG must become ESGG.
By
Steven Okun, Gillian Meyers
In today’s world, forging the shared sense of purpose needed to tackle the climate and nature crisis appears almost impossible. And yet, far from building bridges, many – particularly in the Global North – are exacerbating divisions.
By
Simon Zadek