Textile industry energy audits rising
Minister of Environment Say Samal on March 13 encouraged the garment and other textile-related industries to step up clean-energy and green efforts to better position the Kingdom to meet key government greenhouse gas (GHG) mitigation commitments, as a prominent EU-backed programme registers a record-breaking 50th energy audit.
Thailand is to impose a carbon tax on 3 major economic sectors
BANGKOK – The Excise Department plans to impose a carbon tax on the energy, transport and industrial sectors to help Thailand achieve its goals of carbon neutrality by 2050 and net zero greenhouse gas emissions by 2063, as well as cut the cost of imported fuel.
Thailand, Saudi Arabia agree on energy cooperation
Thailand and Saudi Arabia have signed a number of agreements to cooperate in sectors including energy and tourism as the two countries gradually restore full diplomatic ties.
The Asian Development Bank’s Energy Transition Mechanism
In 2021, the Asian Development Bank (ADB) announced it would no longer finance coal-fired power plants. This announcement was made at a time when other big players, like Japan and South Korea, were making similar commitments. If followed through on, such a change in policy would be a big deal given how much coal is burned in Southeast […]
Transforming energy in the race against climate change
Vietnam has set itself ambitious goals when it comes to climate neutrality, yet current schemes are being deemed insufficient by energy experts, who are now recommending following Europe’s framework for energy transition and carbon neutrality.
Transitioning to clean energy will be national policy direction: govt
Energy and Mineral Resources (ESDM) Minister Arifin Tasrif affirmed that the direction of the national energy policy going forward is energy transition from fossil fuels to clean energy to lower emissions and be environment friendly.
UK and Singapore Ink New Green Economy Framework, Bolstering Energy and Climate Collaboration
The Government of the United Kingdom and the Government of the Republic of Singapore have signed a Memorandum of Understanding (MoU) to establish a bilateral Green Economy Framework. This agreement, a first-of-its-kind for the UK, was signed during a virtual call between the Department of Energy Security and Net Zero’s (DESNZ) Secretary of State, The […]
UN promises support for Vietnam’s energy transition scheme
The United Nations (UN) has affirmed its willingness to support Vietnam in establishing a partnership on energy transition with the Group of Seven (G7) nations in a letter of UN Secretary-General Antonio Guterres to Vietnamese Prime Minister Pham Minh Chinh. Special Adviser to the UN Secretary General on Climate Action Selwin Hart handed over the […]
Unlocking international finance for Vietnam’s renewable energy transition
This is the third in a series of six web stories exploring how Viet Nam can implement its COP26 energy commitments while minimizing environmental impacts and making progress on broader sustainable development goals. Other pieces explore topics like what role wind power can play in Vietnam’s electricity mix, renewable energy integration into the grid, and […]
US to boost ASEAN energy transition spending
US president Joe Biden will announce $150mn in new US spending in southeast Asia to promote development of renewable energy and infrastructure, as well as maritime security, when he hosts leaders of ten ASEAN nations on Friday. The spending package includes $40mn in development finance that could unlock up to $2bn in private investment in […]