The more palm oil they buy, the more they contribute to a US$1 billion fund that aims to protect 500,000 hectares of forest in Southeast Asia. Consumer goods giants PepsiCo, Nestle, and P&G are working with Wilmar on the venture, called Rimba Collective.
Unlike large independent power firms, smaller developers struggle to attract finance for their green projects. Industry experts discuss how they can overcome the barriers to production and help the country meet its climate goal.
Eco-Business speaks with wind developer Theo Sunico of Triconti ECC, which has tapped into the Philippines' nascent wind market. Wind has the potential to meet soaring consumer demand for power, but will policy disconnect stall growth?
This week, at the annual 'two sessions' political gathering in Beijing, the Chinese government approved a key policy document that will heavily influence the nation’s economic development — and climate policies — over the next decade and beyond.
Roan du Feu –
Investors are wary of palm oil due to its social and environmental ills. But given the lack of viable alternatives and the possibility of sustainable production, investors may wish to view certified palm oil in a different light.
Rachel Kyte and Ana Toni
and Bernice Lee –
Joe Biden's arrival in the White House, and the United Kingdom's role as host of this year's United Nations climate summit, gives the Anglo-Saxon world a unique opportunity to demonstrate climate leadership in 2021.
Joseph Curtin and Deepali Khanna –
Although great strides have been made in funding large-scale renewable projects, investment trends remain misaligned with the world's future needs. Distributed renewable energy have great potential to fill the gap but face challenges.
The world has to stop using coal if it is to avert dangerous heating. Asian banks have begun ditching the fossil fuel, but most lenders with coal policies in the region do currently not restrict corporate loans dished out to coal developers.
The climate crisis demands that the European Union turn its world-leading climate agenda into foreign policy. By deploying the financial, market, and diplomatic tools, Europe can lead the rest of the world towards a sustainable future.