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.
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.
The Philippines is set to hold its midterm elections on 12 May. Candidates have been championing energy security – an issue that has gained prominence as the archipelago struggles to ensure stable power during the election process.
As the United States sets unprecedented new import duties, pressure mounts on Asia to buy American natural gas to address trade imbalances. Experts urge tapping into solar and wind potential to counter economic uncertainty in the region.
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.
By
Shi Youwei
Farm labourers returning from overseas can, if empowered, form a pool of experienced talent that Southeast Asia’s vulnerable agricultural sector can tap into for food security.
By
Elyssa Kaur Ludher
New methodologies for approving carbon credits based on early coal plant retirement do not address the inherent flaws of avoided emission offsets.
By
Patrick McCully
There are plans to transform the Philippines’ socioeconomic planning agency, NEDA, into a new Cabinet department. But this proposal fails to address its declining relevance and inability to implement inclusive development projects.
By
JC Punongbayan
The action comes despite the oil giant suing the environmental group for US$2.1 million after demonstrators boarded the company’s vessel at the Atlantic Ocean in January.
The veteran journalist talks to Eco-Business about how his Emmy-nominated documentary depicts the lives of environmental crusaders in Asia's deadliest country for guardians of the seas and forests.
Video footage appears to show protestors, who were demonstrating against mining operations, being dragged away by police near Ipilan Nickel Mine in Brooke’s Point, Palawan. Mining insiders are calling for maximum tolerance in similar standoffs.
A coalition of scientists and environmentalists found “widespread economic impacts” for communities in the Philippine province, heightening calls for accountability from the sunken tanker reportedly chartered by a San Miguel Corp subsidiary.
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.
EB Studio
Plastic waste is flooding the planet. Instead of waiting for regulation to drive change, give value to recyclables and mobilise the people, says Plastic Bank.
In celebration of Indigenous Peoples' month in the Philippines, the former United Nations special rapporteur tells the Eco-Business Podcast about her lifelong work to empower communities in Asia’s most dangerous country for environmental defenders.
The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.