Asia

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23 10 2021 | 09:36

Why the silence on key climate change report, Putrajaya asked

PETALING JAYA: Umno information chief Shahril Hamdan has questioned the government’s silence on a key United Nations (UN) report on climate change and its effects. Released last Monday by the Inter-…

23 10 2021 | 09:05

Malaysia pledges spending, green goals in 5-year economic plan

  PM Ismail Sabri tables 12th Malaysia Plan Expects 4.5%-5.5% average annual GDP until 2025 Govt to spend over $95 bln on developments in 2021-2025 Carbon tax, no more coal power to reach 2050…

23 10 2021 | 08:36

Climate change threatens to squeeze out Indonesia’s medicinal plants

More than half of medicinal plant species in Indonesia won’t be able to grow in most of their current range by 2050 due to climate change, a new study says. Researchers say medicinal plant species…

01 10 2021 | 12:44

CLP Holdings promises to exit coal from Asian operations by 2040

Power plant operator CLP Holdings pledged on Thursday to phase coal out of its Asian operations by 2040, accelerating its previous commitment by a decade. The Hong Kong-based group also said it aims…

24 09 2021 | 15:40

Accepting gas power plants as sustainable investments in Asian taxonomies heightens greenwash risk

Accommodating the gas sector risks diluting standards and discouraging new pools of green capital. 21 September 2021 (IEEFA Asia): Incorporating gas-powered generation as a sustainable investment…

09 08 2021 | 15:53

Finance firms, ADB drafting plan to close Asian coal plants early

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the…

09 08 2021 | 15:15

Earlier Coal Shutdowns on the Agenda as Finance Giants Develop Buyout Plan

Some of the world’s biggest financial and investment firms are hatching a plan to speed up coal power plant closures in Asia, according to an exclusive report published yesterday by the Reuters news…

05 07 2021 | 10:41

Five Asian countries account for 80% of new coal power investment

China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new…

10 06 2021 | 15:24

Funds with $8.8 trillion in assets urge Asia utilities to cut emissions.

Global asset managers — including JP Morgan Asset Management Inc. and Fidelity International Ltd. — will urge five Asian power generators to curb greenhouse gas emissions in an initiative coordinated…

21 05 2021 | 18:56

Asia is home to 99 of world’s 100 most vulnerable cities.

Indonesia’s capital Jakarta – plagued by pollution, flooding and heatwaves – tops risk assessment ranking. Of the 100 cities worldwide most vulnerable to environmental hazards all but one are in…

22 03 2021 | 09:28

Singapore builds huge floating solar farm at sea in bid to tackle climate crisis.

Oceans are ‘new frontier’ in electricity production, says firm tasked with carrying out project. A growing push in Singapore to reduce the city-state’s greenhouse gas emissions and combat climate…

03 03 2021 | 11:20

Solar Philippines moves forward with massive PV development.

Solar Philippines submitted a project description for scoping to the Department of Environment and Natural Resources-Environmental Management Bureau (DENR-EMB) for its Batangas 3 Solar Baseload Plant…

20 01 2021 | 21:23

Largest floating solar project in Southeast Asia begins producing power in Vietnam.

Two floating solar projects forming a cluster that is claimed to be Southeast Asia’s largest floating install have started commercial operations in Vietnam. The Ho Tam Bo floating solar project and…

19 11 2020 | 10:00

Τyphoon VAMCO kills 67 in Philippines, forces 468,000 to evacuate in Vietnam.

An estimated 67 people are dead, floodwaters in some places have reached two stories high, millions were without power, and rescuers were scrambling to keep up after Typhoon Vamco became the third…

19 09 2020 | 10:41

Wood Mackenzie sees $1 trillion renewable energy investment opportunity in Asia to 2030.

Wind and solar PV could attract more investment than any other power generation source in the Asia Pacific region in the next decade as the two technologies become cost-competitive with coal by 2030…

15 09 2020 | 10:40

Pakistan’s new 27-year power plan risks locking in long-term overcapacity, leaving imported coal and LNG plants stranded

Wind and solar, the country’s cheapest source of new generation, also overlooked Pakistan risks locking itself into building more power capacity than it needs as a result of over-optimistic energy…

07 09 2020 | 22:14

Can COVID-19 give new wind to renewable energy?

Kicking the fossil-fuel ha­bit completely was hard for AC Energy, the energy arm of Philippine industry giant Ayala Corp., to do overnight even if it had been investing in renewable energy (RE) in…

07 09 2020 | 10:05

India urged to lead global push for clean energy, climate action.

India has a crucial role to play in promoting clean energy and climate action as the world looks to recover from the COVID-19 pandemic, UN Secretary-General António Guterres said on Friday. …

31 08 2020 | 08:34

Afghanistan flooding: Dozens dead, hundreds of homes destroyed.

At least 100 people killed and hundreds of homes destroyed as seasonal rains cause worst flooding in Parwan province. Heavy flooding in northern and eastern Afghanistan has killed at least 100…

19 08 2020 | 06:52

Oman’s largest solar power plant to start operation next year.

Muscat: Oman’s largest solar power plant that can power up to 33,000 homes and remove 340,000 tonnes of carbon dioxide emissions from the country’s footprint per annum is likely to be up and running…