Environment
MENA region is poised to become global leader in green steel
This comes amidst the shift to direct reduced iron and green hydrogen in reducing emissions.
MENA region is poised to become global leader in green steel
This comes amidst the shift to direct reduced iron and green hydrogen in reducing emissions.
IRENA, industry leaders establish Alliance for Industry Decarbonisation
The industrial sector is responsible for around 28% of GHG emissions.
ReNew Power, HSBC India provide solar power to 75 schools
The partnership also includes pioneering a climate education.
TNB eyes early retirement for coal plants to accelerate sustainability goals
It plans to retire 1400MW plants up to one year before the expiration of the PPAs.
Tata Power, JLL India partner to power realty space with green energy
The industry contributes nearly 40% of greenhouse gas emissions.
Asia to lead solar PV recycling markets
It will be followed by North America and Europe.
Power amongst top sectors focused on ESG investments
Around 91% of executives in power companies expect ESG investments to rise.
World may reach net-zero by 2057: report
More than 1,000 executives expect to cut emissions by 28% by 2030.
SEA gas demand to more than double to 350 bcm by 2050
This is driven by the power generation sector due to the electricity demand.
Urgent action needed for a ‘resilient’ energy transition: WEF
Countries should diversify their energy mix and make binding climate commitments.
UN-Energy Plan of Action to support energy transition launched
The plan committed to supporting providing electricity access to 500 million people.
Three focus areas of Indonesia’s ‘PLN Empower’
It is the country’s main CSR program to achieve its sustainability goals by 2030.
‘It’s now or never’: UN panel urges immediate action on climate change
Gas emissions globally should be reduced by 43% by 2030.
Energy-related CO2 emissions reach all-time high in 2021: IEA
Global emissions reached 36.3 billion tonnes, led largely by China.
Net-zero track needs $4.18t annual investment in 2026-2030
This is double the required $2.06t annual investment between 2022-2025.
India struggles to meet 2030 climate targets: Fitch Solutions
The country plans to generate 50% of its power from renewable sources by 2030.
Carbon pricing of $75 per tonne to ‘shock’ economy: ADB
With such a price, the 36.4 Gt of carbon emissions in 2019 would amount to about 4% of the world GDP.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises