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ADB boosts 2019-2030 climate financing goal to $100 billion

The Asian Development Bank (ADB) will boost its climate financing goals by US$20 billion to a new target of $100 billion for the 2019-2030 period, and aims to launch its concept for retiring coal-fired power plants at the COP26 climate conference in Scotland next month, the lender’s chief said on Tuesday.

Steel manufacturer cuts carbon footprint with geothermal

Malaysia’s climate plan is high on ambition, but concerns linger over execution: Experts

BANGKOK: When Malaysia enters negotiations at global climate change talks beginning at the end of this month in Glasgow, it will be with momentum from a sweeping and ambitious national plan for a greener and cleaner future.

Thailand’s PTTEP gets new boss, eyes energy transition

State-backed Thai player PTT Exploration & Production’s (PTTEP’s) new chief executive, Montri Rawanchaikul, intends to strengthen the firm’s core upstream business in Southeast Asia, while preparing for new energy opportunities.

12th Malaysia Plan: What you need to know about the 2050 carbon neutral goal and other green measures

KUALA LUMPUR: Prime Minister Ismail Sabri Yaakob on Monday (Sep 27) tabled the 12th Malaysia Plan (12MP) in parliament, with a pledge for Malaysia to “become a carbon neutral country by 2050 at the earliest” listed alongside other measures to accelerate green growth.

Southeast Asia’s balancing act between its climate goals and other priorities

Carbon neutrality is a shared planetary destination, but Southeast Asian countries are laying out their own road maps — including what some may call detours of sorts — to getting there in the next three to four decades.

Dams fail but still vital

Large irrigation dams fail to prevent floods and droughts and ensure water security for local farmers as impacts of climate change intensify, data analysis on the performance of irrigation projects in the northeastern region show.

Analysis panning S’pore’s climate targets as ‘critically insufficient’ lacks nuance: Govt

SINGAPORE – A climate research consortium has pegged Singapore’s climate targets as being “critically insufficient” – the worst rating on a five-point scale – putting the nation alongside Iran, Russia, Saudi Arabia and Thailand.

Power firm launches multi-sectoral movement for carbon-neutral PH

DUMAGUETE CITY – Racing against time to address the worsening climate change crisis, multi-sectoral representatives have joined a movement initiated by geothermal power leader Energy Development Corporation (EDC) aimed at attaining zero carbon emissions among businesses in the country.

EDC pushes on net-zero carbon emissions in the Philippines

In a release this morning, Philippines geothermal energy major Energy Development Corp., announces the launch of a multi-sectoral movement toward attaining net zero carbon emissions among businesses in the Philippines.