Asian Development Bank

The system is expected to supply 1,500 local residents amongst others. 

The company will divest its shares in SLTEC for P3.7b. 

Japan’s decision to align with other G7 nations ending financing of fossil fuels in other countries sounded a clear note of unity amid the tangled, conflicting commitments that are the norm in the global climate debate. The unified effort needed to create effective climate change action will however test Japan’s leadership role as it works to navigate competing interests successfully.

This is to ensure no country is left behind in the transition.

Some 45GW of additional coal in the next decade could pose risks to ADB’s 15-year plan.

With such a price, the 36.4 Gt of carbon emissions in 2019 would amount to about 4% of the world GDP.

The ETM Southeast Asia partnership is the first of its kind in APAC.

Implementation challenges could lead to a loss of credibility for the bank.