A levy on carbon majors is being pushed by green groups as one of the sources to operationalise the loss and damage fund in ongoing board meetings leading up to COP29.
A phase-out of diesel subsidies does not come without political risk and short-term pain for consumers, but could position Malaysia as a regional frontrunner for clean energy policy, say academics and business owners.
A new study by civic society groups accuses the Asian Development Bank of indirectly financing coal power plants in Indonesia as the multilateral holds its annual general meeting in Tbilisi, Georgia. ADB insists the loan does not violate its energy policy.