Why is green bond growth in Southeast Asia so weak?
Much of the growth in Asian green bond issuance is in China, with Southeast Asian countries gaining momentum. What can the finance industry do to boost green investments in developing nations in Southeast Asia? While the global market for green bonds reached a record of more than US$155 billion last year, there are still only a few banks in developing countries in […]
The ‘Asean century’ for renewable energy
THE coming years could be a watershed moment for renewable energy (RE) in the Asean region. Although South-East Asia is considered a laggard in terms of RE deployment, the region is, arguably, where the most significant potential for sustainably-sourced energy lie. The conditions for the development of RE here, particularly solar energy, could not be […]
ASEAN countries lag on renewable energy
The bad news is that oil prices have gone up after years of low prices. The good news is that this will drive green energy up to its highest levels in the next decade or sooner. It is good to note that the rising prices of oil have prompted tidal moves towards renewable energy development, […]
Southeast Asia one of the most vulnerable regions to climate change: Eco-Business report
Southeast Asia is one of the most vulnerable regions in the world to climate change, with coastlines and densely populated low-lying areas that are increasingly threatened by rising sea levels, according to a study by Eco-Business. The new report on Asean’s energy landscape titled “Power Trip: Southeast Asia’s journey to a low carbon economy” found […]
Pence in Southeast Asia: Ways forward for U.S.-ASEAN cooperation on infrastructure development
Vice President Pence’s speeches in Singapore and Papua New Guinea in mid-November not only reaffirmed Washington’s commitment in the Indo-Pacific, but also articulated U.S. economic strategy toward the region more generally. He said, among other things, that Washington will seek to reform U.S. development finance institutions and create a U.S.-ASEAN Smart Cities Partnership. While such […]
Southeast Asia’s electric car revolution
Driving attitudes across the region has changed dramatically with the introduction of electric vehicles into the personal mobility market. As more and more consumers become environmentally conscious, the demand for electric vehicles has seen an uptick. A report by Bloomberg New Energy Finance (BNEF) indicates that in 2040, 54 percent of cars sold will be […]
PM: Malaysia to promote potential of green industries and jobs in Asean
KUALA LUMPUR: Malaysia hopes to promote the identification of potentials and prospects for green industries and jobs in Asean member states besides developing corresponding policies. Prime Minister Tun Dr Mahathir Mohamad said this while referring to the Malaysia’s role as the chair of the association’s labour sector from 2018 to 2020. “Going further, we look […]
Sindicatum Blockchain Technologies launches renewable energy investment platform Reneum
Paris, 12 November 2018. Singapore-headquartered Sindicatum Blockchain Technologies today launched its Reneum platform at the Paris Peace Forum. Reneum’s aim is to mobilise additional investments in renewable energy of $100bn by 2030, when 60 per cent of the world’s energy use should come from renewable sources if we don’t want to all fry from climate […]
