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As concerns over the environmental impacts of data centres grow, firms including Equinix, AirTrunk and ST Telemedia have backed a new regional initiative aimed at advancing sustainability across the sector.
Progress on reducing PM2.5 air pollution was led by Laos, Myanmar, Indonesia, Thailand, Malaysia, and Cambodia, while the Philippines, Singapore and Vietnam recorded declining air quality, a new report showed.
The proposed document will unify the central bank and securities commission’s existing taxonomies, as well as align the national sustainable finance taxonomy with Asean's.
Long-term energy security is also a concern for Malaysia, the Philippines and Vietnam, which have been expanding LNG infrastructure. Experts say that a shift to renewables is worthwhile, but policies are diverging across the region.
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Policy shift comes as renewables lag targets and power demand rises, sparking political backlash.
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