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.

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.