IFC scales up climate financing in Vietnam to support green transition
Boosting its support for Vietnam’s green transition and sustainable development, the International Finance Corporation (IFC) has scaled up its long-term investment in the country with a strong focus on climate finance in the last fiscal year.
Malaysia to deliver 1st green electricity package to Singapore by year-end
MALAYSIA is expected to make its first green electricity delivery to Singapore, from its cross-border renewable energy (RE) auction under the Energy Exchange Malaysia (ENEGEM) platform by year-end.
Malaysia eyes nuclear power as part of energy transition strategy
KUALA LUMPUR: Malaysia is considering nuclear energy as a primary energy source to achieve carbon neutrality by 2025, in line with the National Energy Transition Roadmap and the National Energy Policy.
Indonesia sets $235 billion investment for 100 GW of renewable power
Baku, Azerbaijan (ANTARA) – The Indonesian government is promoting a new program for developing 100 gigawatts of renewable energy at the 29th UN Climate Change Conference (COP29).
Philippines, Saudi Arabia to release energy roadmap in 2025
MANILA, Philippines — The Philippines and Saudi Arabia are set to develop a roadmap implementing their recently signed energy cooperation agreement that is expected to be finalized early next year.
Solar energy boosts commitment to sustainability
Bank Islam Brunei Darussalam’s (BIBD) new 60kWh photovoltaic (PV) system, inaugurated yesterday, marks a significant stride in the bank’s journey towards sustainability and environmental stewardship. As the first financial institution in Bandar Seri Begawan to install rooftop solar panels, BIBD demonstrates its commitment to a greener and more resilient future for Brunei.
Cambodia reaffirms commitment to climate action at CCCS 2024
Minister of Environment Eang Sophalleth has underscored Cambodia’s climate action priorities and achievements at the recently concluded Cambodia Climate Change Summit 2024 (CCCS 2024).
Green energy sector can attract foreign direct investment to Malaysia
KUALA LUMPUR: The green energy sector has major potential to attract more foreign direct investment (FDI) to Malaysia as the world moves toward sustainable energy sources.
