Singapore’s Temasek working with portfolio firms in green transition
SINGAPORE, Dec 2 (Reuters) – Singapore state investor Temasek is working with its portfolio companies to help them become more green as advancing sustainability goals becomes the new normal, the firm’s chief sustainability officer said on Thursday.
PT Pertamina Geothermal Energy IPO to be launched in 2022
The Indonesian Minister of State-Owned Enterprises (BUMN) Erick Thohir has announced that PT Pertamina Geothermal Energy (PGE) will launch an initial public offering (IPO) in the second quarter of 2022. The capital raised from the sales will help fund PGE’s target to double their current installed capacity within the next five years.
RHB completes Malaysia’s first ESG-linked cross currency interest rate swap
KUALA LUMPUR: RHB Banking Group has successfully structured Malaysia’s first Green Cross Currency Interest Rate Swap transaction set against environmental, social and governance (ESG) linked key performance indicators (KPIs) to hedge a US$100mil 2-year sustainable loan.
Myanmar And Bangladesh Can Benefit From Strengthening Trade And Connectivity Ties
Myanmar is one of the closest neighbors of Bangladesh. Which is also known as Burma. Before the Second World War, many people from Bangladesh used to travel to Burma in search of livelihood. Since then, the people of this country have developed an economic and social relationship with Burma. Apart from India, Bangladesh shares a […]
Vietnam targets 75 pct energy from renewables by 2045
Vietnam plans to have renewables account for 75 percent of national power production capacity and 70 percent of actual production by 2045 under its COP 26 commitments.
How Asean economies can capitalise on carbon markets to reduce emissions and turbocharge growth
Asean is home to an abundance of natural resources that economies have harnessed to support growth and advance global trade. However, the region is overlooking perhaps its most important commodity, carbon, given that the economic bloc accounts for a quarter of the world’s total abatement potential of Natural Climate Solutions (NCS).
Climate danger grows in ‘vulnerable’ Myanmar after military coup
Yangon/Taipei – There is increasing concern that Myanmar is at risk of a serious environmental crisis, as the generals who seized power in a coup on February 1 focus on cementing their control and shoring up their position by stepping up lucrative but devastating policies of exploiting the country’s vast natural wealth.
UNDP pledges fund raising for energy projects in Cambodia
The United Nations Development Programme (UNDP) in Cambodia has pledged to seek assistance from other development partners for the development of Cambodia’s energy sector, focusing particularly on energy efficiency projects and the fight against climate change.
