Although global warming is on course to rise by 3-5 degrees Celsius by the end of the century and global emissions continue to rise, there are genuine reasons for hope for our planet. Even Assaad Razzouk, the CEO of Sindicatum, thinks that we are now winning the climate fight.
Southeast Asia's largest bank has signed up to the Equator Principles, a set of rules for responsible financing in infrastructure. Does this mean that DBS is no longer financing coal-fired power plants?
The bank's move away from the 1,200-megawatt Vung Ang 2 coal plant in Vietnam has been praised by environmentalists, who say that unlike rivals that have claimed to stop funding the single biggest contributor to greenhouse gas emissions, OCBC is "walking the talk".
The number of green solutions on the market has exploded as industry looks for ways to fight climate change. But do they really live up to the marketing hype? Eco-Business asks the experts about four much talked about green products on the market.
Zafirah Zein –
Our current socio-economic system is built on the exploitation of both people and planet, causing inequality and environmental devastation. To save a world on the brink of ecological and social disaster, calls for greener, more efficient capitalism won’t cut it, writes Zafirah Zein.
Fernando Cabrera –
The South American country wants to expand the role of natural gas in the economy in "supporting transitions towards lower-emission energy systems"—but has ignored the environmental impacts of fracking.
Greenwashing can take many forms, including companies that use their political clout to block green regulations while preaching the message of conservation. Tom Lyon and Magali Delmas explain why corporate political transparency is key.
While the US$379 million promised for investment in the protection of the Great Barrier Reef seems promising, Blair Palese of 350.org reveals how the government's latest budget prioritises fossil fuels instead.
Zafirah Zein –
In the video, environmental law group ClientEarth compares the oil and gas giant's advertisements on its low-carbon investments to a burger chain claiming that they’re vegan because they’ve got salad on the menu.