Southeast Asia's Clean Energy Transition

One of the hardest industries to decarbonise is deploying a carbon measurement system that could enable a more reliable path to net-zero.

Environmental sustainability is top of the bloc’s latest agenda and investors are keen to finance Asean’s climate goals. There is, however, a severe lack of ‘bankable projects’, say observers.

Less than one-third of APAC companies reporting to carbon measurement non-profit CDP have committed to science-based targets. CDP's latest report also finds growth in climate disclosure slower in APAC than the global average.

Most believe that emissions have dropped since 2005 — when they have grown by 50 per cent, according to a survey conducted at the recently-concluded Asia Pacific Energy Week. The findings reveal "a major gap between perception and reality".

Clean energy alternatives are a crucial hedge against future disruptions in global commodity markets.

Unproven technologies such as carbon capture and ammonia re-firing are helping Japanese policymakers rebrand the fossil fuel as "clean". But they have limited carbon-cutting potential and undermine Japan's decarbonisation targets, a report from TransitionZero cautions.

The region will need to spend the equivalent of half of the GDP of Japan every year on low-carbon infrastructure, to avoid the unthinkable consequences of climate change, according to McKinsey.

Realising it’s now or never, the global gas industry is making a determined push to develop infrastructure across Asia as climate targets tighten and renewables become more competitive.

The pledge makes it the first Singapore bank to commit to a zero coal exposure target. Experts praised the announcement, but highlighted the climate legacy the lender’s coal funding will leave behind.

独家 The race to net zero-emissions ride-hailing in Southeast Asia is on. Gojek and now Grab are embarking on decarbonisation drives — just as Singapore announces a new policy to promote lower-carbon travel.

The region's energy companies have been scarce in the race to cut emissions. How can they join the conservation—and with genuinely ambitious net zero commitments?