ADB, Infrastructure Asia agree to promote green finance for sustainable infrastructure in Southeast Asia
The agreement will allow ADB and Infrastructure Asia to help state-owned enterprises, regional and municipal governments, in Southeast Asia in improving their institutional, financial, and governance capacities for developing innovative and green infrastructure programs and projects The Asian Development Bank (ADB) and Singapore’s Infrastructure Asia today signed a cooperation agreement to help governments in Southeast […]
Can Southeast Asia Ditch Coal?
The world’s dirtiest fossil fuel is in decline from the United States to western Europe. But in Southeast Asia coal has found one of its final frontiers: last year it was the only region where coal’s share of power generation grew. Yet the growing urgency of the climate crisis and increasingly affordable renewable power could help catalyze […]
Analysis: Southeast Asia’s LNG balancing role in focus, as Thailand agrees import capacity expansion
Singapore — Thailand’s Map Ta Phut phase 3 expansion has turned focus to Southeast Asia’s demand growth potential and future balancing role in global LNG, as oversupply concerns extend into the mid-2020s. Thailand’s Gulf PTT Tank Consortium signed a 30-year contract with the Industrial Estate Authority of Thailand (IEAT) on Tuesday for the third phase of […]
‘Coal is still king’ in Southeast Asia even as countries work toward cleaner energy
Coal is still a dominant fuel in the rapidly growing economies of Southeast Asia, even amid a general global move toward cleaner energy sources, data from several recent reports show. “The narrative surrounding coal has been pessimistic across the world. This will result in the gradual slowdown of new coal-fired capacity in Southeast Asia,” said Jacqueline Tao, […]
2.2m jobs by 2030: Clean energy’s employment promise for Asean
Before his father entered the operating theatre for emergency heart surgery in 2008, Robin Pho promised he would join the family’s business, an Indonesian supplier of manpower for the oil and gas industry, which had been struggling to stay afloat in the wake of that year’s financial crisis. When oil prices collapsed in 2014, many […]
Renewable race
As the world’s population continues to expand, our hunger for energy shows no signs of slowing. But it has become clear to (almost) everyone that the sources of that energy must change if we are to avoid the catastrophic impact of climate change in the next few decades. Carbon dioxide (CO2) emissions from energy production, […]
Are ASEAN banks ignoring climate change?
ASEAN banks are not doing enough to tackle climate change and environmental degradation. Largely unaware of the climate-related risks embedded in their portfolios, most of them do not have a strategy to manage these risks. Despite being home to some of the world’s largest deforestation hotspots such as the Greater Mekong, Sumatra and Borneo, only […]
Is the future of renewable energy in Asia to share it?
What if countries in Asia, with their shared wealth of sun, wind and tidal potential, could improve energy security and ramp up renewable energy consumption by sharing clean energy across their borders? From June to October, Nepal and Bhutan could export large amounts of hydropower to India, where energy demand peaks amid the summer heat. […]
