Opinion / #power plants
If they are serious about a sustainable future, they must close loopholes and extend coal policies across clients’ entire value chains, denying new financing to companies using coal unless they have credible, time-bound clean energy plans.
Southeast Asian countries have struggled to stick to their promises to reduce coal use in their energy mix. High-level commitments must be translated into enforceable roadmaps, and private demand unlocked to acceelerate clean energy investments.
The Asia-Pacific is at the forefront of green industrial policies and must accelerate the transition through multilateral efforts to serve as a model for a greener future.
India’s clean energy transition is often portrayed as prohibitively expensive. But a new study finds that actual financing needs are far more modest and concentrated in just four sectors, including steel and cement.
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