Asian Development Bank to stop financing coal plants
The Asian Development Bank (ADB) will stop financing new coal power plants under a draft energy policy released Friday, a move that was cautiously welcomed by environmental groups.
Myanmar’s junta approves $2.8 billion investment, including gas power plant
Myanmar‘s military rulers have approved new investment in projects worth nearly $2.8 billion, including a liquefied natural gas (LNG) power plant that will cost $2.5 billion, the country’s investment body said. Approvals for 15 projects were given on Friday by the Myanmar Investment Commission, according to a statement on the website of the Directorate of […]
Malaysia’s Maybank to stop financing new coal activities
KUALA LUMPUR, May 6 (Reuters) – Malaysia’s Malayan Banking Bhd (Maybank) on Thursday said it will no longer finance new coal activities as part of a five-year strategy that will also see the bank committing 50 billion ringgit ($12 billion) in sustainable financing.
Rockefeller Foundation to invest $1.5m in clean energy
The Rockefeller Foundation has pledged $1.5m to support developing countries in their move away from fossil fuels. The fund is part of a facility launched by the Energy Transition Council, a global coalition of leaders committed to achieving net-zero emissions by mid-century
Forum discusses challenges to sustainable energy transition
Vietnam has substantial potential in offshore wind and solar power, with huge opportunities for the integration of different energy technologies and the combination of renewable energies and agriculture, experts said at the event on Tuesday.
ASEAN Needs A Green New Deal
Tropical cyclones that form over Southeast Asia’s Savu Sea do not typically hit land. But in early April, Cyclone Seroja created a path of destruction across Indonesian islands and East Timor. Within days, more than 200 people were dead or missing and 2,000 buildings damaged. Seroja is the latest reminder of Southeast Asia’s extreme vulnerability […]
Philippines is the second highest investment destination for renewables across Southeast Asia – report
With resources that can generate up to 3,000 gigawatts (GW), and a “highly-liberalized” active spot market, the Philippines is touted as second best investment destination for renewable energy across Southeast Asia according to a report from HSBC Global Research.
Gojek Pledges to Achieve Zero Emissions, Zero Waste & Zero Barriers by 2030 in First Annual Sustainability Report
JAKARTA, INDONESIA – Media OutReach – 30 April 2021 – As part of its sustainability mission to create positive impact and long-term value for people and the planet, Gojek, Southeast Asia’s leading mobile on demand services and payments platform, today announced commitments to Three Zeros: Zero Emissions, Zero Waste and Zero Barriers, to be achieved […]
