Vietnam is facing a critical juncture in its ambitious journey towards decarbonization, with the country’s long-term goal to phase out coal for power generation by the 2040s and achieve net-zero emissions by 2050. A recent report by BloombergNEF (BNEF) highlights the pivotal role of renewables, especially solar energy, in realizing these targets. Vietnam’s rapid economic […]
KUALA LUMPUR, Oct 20 (Thomson Reuters Foundation) – A multi-billion dollar climate deal to help Vietnam shift from coal to clean energy should be put on hold until the government stops a crackdown on environmentalists that threatens efforts to support communities hit by the transition, activists said.
PETALING JAYA: Malaysia may have set ambitious targets of 70% renewable energy (RE) capacity and net-zero emission by 2050, but its policies are still lagging behind, according to an industry leader.
KUALA LUMPUR (Oct 16): The national Budget 2024 tabled by the Prime Minister Datuk Seri Anwar Ibrahim at the Dewan Rakyat last Friday (Oct 13) included allocations to support energy transition and biodiversity initiatives, and to spur the voluntary carbon market in the country.
Oslo. Indonesia is urging Norway to expedite a $250 million (Rp 3.9 trillion) investment commitment to accelerate the tropical rainforest country’s decarbonization program as stated in the Just Energy Transition Partnership (JETP).
CEMEX Holdings Philippines addresses the pressing challenges of hard-to-abate sectors while offering innovative and actionable insights as it takes the lead as the cement industry’s panel representative at the 2nd anniversary of the Net Zero Carbon Alliance (NZCA) of the Philippines.
In a significant move towards decarbonization, JERA Co., Inc. has entered into a memorandum of understanding (MOU) with Vietnam Electricity (EVN) to jointly establish a roadmap for decarbonization in Vietnam’s power sector.
Singapore announced a set of criteria for international carbon credits (ICCs) to ensure that they are of high quality which companies can use to offset their taxable emissions.
The ever-increasing need to meet the 2030 Climate Pledge, draws closer and Malaysia is gearing up with plans to reach net zero by 2050, as agreed upon in the Paris Agreement 2015.
McDonald’s Malaysia Partners With TNB And GSPARX To Reduce Carbon Footprint With Solar Installations
McDonald’s Malaysia has entered into a strategic partnership with Tenaga Nasional Bhd (TNB) and GSPARX Sdn Bhd (GSPARX) to implement renewable energy solutions at 100 of its drive-through restaurants in the country, aiming to reduce its local carbon footprint.