As support for credits tied to shutting Asia’s coal plants early grows, a buyers alliance has been formed. Efforts to boost confidence in the new asset class have borne fruit and proponents are now looking at strengthening “the demand side of the equation” by end of the year, said Rockerfeller Foundation's climate lead Joseph Curtin.
While the public sector is expected to account for the bulk of adaptation funding, a new study by Temasek and BCG identifies six investable segments for private investors, from climate risk data providers to flood defense infrastructure.
Across the region, private investments in green projects saw a substantial 43-per-cent increase year on year, led by solar deals. But progress is uneven and Southeast Asia still struggles to close an annual funding gap of US$50 billion by 2030.
Chinese and American firms are seeking to export their autonomous driving technologies to Southeast Asia. The signal lesson is that their data-driven models require sensitivity and adaptation to the region’s diverse markets.
Oleh
Shi Youwei
China's DeepSeek demonstrates that AI can be trained in a more efficient way and has enormous implications for Big Tech, which will be pressured to justify efforts to reduce climate impact.
Oleh
Jon Truby
The financing gap is huge, but time is short. Given the inadequacy of a promised new climate finance goal, Southeast Asia should look beyond UN-led conferences to crowd in other sources of capital to tackle the climate crisis.
Oleh
Prapimphan Chiengkul
Asean's growing carbon trading initiatives present vast opportunities for emissions reduction and economic growth, but equitable frameworks and robust regulations are critical to their success.
Oleh
Julie de los Reyes dan
Katrina Navallo
The convergence of the compliance and voluntary markets, demand for high-quality carbon credits and efforts to raise the bar on project credibility mean the conditions are right for a market rebound, observers said at the GenZero Climate Summit in Singapore.
Campaigning for the city-state's general elections has crossed the halfway mark, but climate has hardly featured as an electoral issue. Eco-Business hits the streets to ask Singaporeans from a range of socioeconomic groups: Would they vote for a party that promises bolder climate action?
Studio EB
Amid fresh debates about what corporate purpose should be, there is mounting evidence that corporate purpose leads to stronger brand reputation, better talent attraction and more resilience, leading to improved financial performance.
Launched as policymakers lock horns with petrochemicals lobbyists over a treaty to end plastic pollution, the documentary produced by Eco-Business asks why opportunities to solve humanity's waste crisis are being wasted. It will premiere in Singapore and screen on the sidelines of the upcoming COP28 climate summit.
The sea-level rise expert has moved to Hong Kong – now seen as a gateway to more collaboration with China on climate science. But he tells the EB Podcast that data from US agencies is still critical for calculating climate defences in Asia.
The Eco-Business Podcast speaks to reporters Nadiah Rosli, Adelia Dinda Sani, Gerald Flynn and Hannah Alcoseba Fernandez about funding limits, data access, and reporting against the odds in one of the world's most climate-vulnerable regions.
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.
Indonesian environmental campaigners took a novel approach to raising climate awareness by publishing five children's books about the country's environmental issues. This podcast explores their creative process and the public's response.