Greening the financing of a US$12 trillion development project that promises to help 60 per cent of humanity is necessary to avoid runaway climate change, a new report by Tsinghua University has cautioned.
The Malolos-Clark Railway Project spells hope for long-suffering Filipino commuters in Metro Manila and its suburbs. Expected to be ready in 2022, it could benefit 342,000 passengers per day and cut greenhouse gas emissions by 60,000 tonnes a year.
In his first months in office, Prime Minister Mahathir Mohamad suspended Chinese projects like a railway line that raised serious concerns for environmentalists. But since then, the Malaysian leader has seemed to have changed his anti-Chinese stance.
Crispin C Maslog –
Asia’s poorly regulated urban growth impacts the economy and the environment, putting pressure on public spaces, transportation, garbage disposal, and air pollution. Self-contained, self-sufficient urban communities can solve the chaos.
Bambang Susantono –
In Asia's growing megacities, an infrastructure finance gap is slowing mass transport development, resulting in thousands of hours wasted in horrendous traffic. Land value capture could unlock finance, writes ADB's Bambang Susantono.
Susanne Becken –
Part of an industry that produces 8 per cent of global emissions, tourism operators and destinations are oblivious to the climate risks they are buying into, writes Griffith University's Susanne Becken.
Progress in reducing Australia's emissions has stalled in most sectors of the economy and reversed overall. ClimateWorks Australia's Anna Skarbek looks at the country's chances of meeting its Paris commitment.
Vaidehi Shah –
In a bid to ease population pressure on Sydney and Melbourne and revive regional economies, an ambitious private sector plan aims to build eight new cities in inland Australia and connect them with a high speed rail—all without a cent of public money.
The Chinese industrial city hopes to become a model of sustainability for other metropolitan areas in China through the Urban Infrastructure Initiative of the World Business Council for Sustainable Development.
The city of Suzhou in China clinches the biennial Lee Kuan Yew World City Prize for balancing sustainable economic development with cultural conservation, showing cities in China and other developing countries that urban challenges can be addressed responsibly.