Businesses need to accelerate their existing adoption of digitisation, electrification and automation in an effort to curb climate change and gear towards sustainability.

The 2023 ASEAN Chair agenda, themed “Epicenter of Growth,” highlights two crucial principles: energy security and funding stability. To bolster the energy transition in the region, ASEAN leaders underscored the need for innovative financing solutions.

Jakarta. Australia will provide $50 million in climate funding to Indonesia’s small and medium enterprises (SMEs) as well as startups, according to Australian Prime Minister Anthony Albanese when hosting President Joko “Jokowi” Widodo in Sydney.

Malaysia this year will launch two more national strategic energy roadmaps as the Asean nation further embraces the energy transition. “Of paramount importance is the national energy transition roadmap, which will outline the overarching strategy and high-impact initiatives to expedite the energy transition efforts,” Malaysia Prime Minister Anwar Ibrahim said.

BANDAR SERI BEGAWAN, June 24 (Borneo Bulletin/ANN): Actions addressing the impacts of climate change, including energy transition, will offer opportunities to drive growth in green jobs and low carbon technologies.

A task force focusing on ASEAN’s carbon neutrality could soon be in the pipeline, according to a recent press statement by the Southeast Asian bloc.

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.

TEMPO.CO, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) is eyeing to establish a partnership with the Philippines in the downstream sector of electric vehicle, or EV, production. Kadin chairman Arsjad Rasjid said that Indonesia has the world’s largest nickel reserves. The cooperation between the neighboring nations leads the electric vehicle ecosystem in ASEAN and […]

MANILA – Philippine companies are urged to shift to more energy-efficient practices to embrace sustainability and in the long run, lower costs. Innovation Day Philippines was held in Makati to discuss ways for businesses to find solutions for energy efficiency and energy resiliency. The event was organized by Schneider Electric and attended by officials from […]

The Carbon Pricing (Amendment) Act 2022 (“Act“), which came into force on 7 March 2023 and amends the Carbon Pricing Act 2018, seeks to advance Singapore’s transition towards net-zero.