Asean Companies Get Serious About Climate Change, but Room for Improvement
As Southeast Asia’s largest companies get more serious about climate change as sustainability requirements emerge across the region, those in countries with stricter reporting rules are taking the lead in disclosure, a new study showed.
Emerging nations warn high energy costs could threaten emissions targets
NUSA DUA, Indonesia, July 14 (Reuters) – Indonesia and India on Thursday underscored a call by emerging nations for more climate change financing, warning that rising energy prices due to the Ukraine war would make it difficult for countries to cut emissions.
Vietnam needs roughly US$368 billion to develop climate-resilient, low-carbon economy
HANOI: Vietnam needs to invest approximately US$368 billion from now until 2040 to build a climate resilient and low-carbon economy, according to the Vietnam Country Climate and Development Report (CCDR) released by the World Bank on July 13.
ASEAN has a better future being neutral
Two recent conferences highlighted the United States’ antagonism toward Russia and China. The first was the meeting of the leaders of the 10-member Association of Southeast Asian Nations with the US, which US President Joe Biden hosted in Washington in May. The second was the Shangri-La Dialogue in Singapore on June 10-12.
Norway eyes introducing offshore wind energy to Philippines — envoy
Norwegian Ambassador to the Philippines Bjorn Jahnsen said on Wednesday that Norway has committed to helping the Philippines when it comes to renewable energy sources. Speaking to reporters after his courtesy call on President-elect Ferdinand “Bongbong” Marcos Jr., Jahnsen said he mentioned to Marcos the offshore wind energy that could provide job opportunities for Filipinos.
More philanthropy funds focusing on climate change needed: Reports
To support green causes and efforts to further climate action, Mr David Heng, chief executive of a private equity fund, set up the Mind the Gap 200 – Sustainable Earth fund in 2019. It is part of a project Mr Heng, who is in his 50s, undertook with nine friends and the Community Foundation of Singapore.
Malaysia and UK ink new partnership on climate action
The new agreement provides a framework for the two countries to work together on climate and biodiversity, which includes reducing emissions by sharing knowledge and technical expertise. The UK and Malaysia have signed a new memorandum of understanding to strengthen co-operation on climate action.
UK-Malaysia climate ties strengthened with new Climate Partnership
FCDO Minister for the Pacific and International Environment, Lord Zac Goldsmith, has today (7 June), signed a new Partnership with the Malaysian Environment and Water Minister, Dato Sri Tuan Ibrahim Tuan Man, to strengthen co-operation on climate action.
