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UK pledges $19.5m in grant for clean energy in Indonesia

The United Kingdom has pledged 15 million pounds (US$19.5 million) in grants to Indonesia to accelerate the development of low-carbon energy in the country. The grants will be used to finance four programs, namely matchmaking between the private sector and the government, capacity building for stakeholders, policy making assistance and pilot projects in rural or […]

Coal does not make sense in the Philippines, says former UN climate chief

Christiana Figueres, the woman who led the negotiations in the groundbreaking Paris Agreement as executive secretary of the UN Framework Convention on Climate Change, steered almost 200 nations through the most complex international deal ever attempted four years ago. But in her current job as convenor of Mission 2020, a global initiative to curb fossil fuels by the […]

Germany helps boost renewable energy in PH, says DOE

MANILA –The Department of Energy (DOE) has recognized the help extended by the German development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ), in advancing renewable energy use in the country, for cleaner and more sustainable power. GIZ has provided the Philippines technical and financial assistance through a three-year project called Shaping and Implementing the […]

Singapore business school launches Southeast Asia’s first sustainability major

A Singapore business school has launched Southeast Asia’s first major on sustainability. The new course at Singapore Management University (SMU) aims to grow and promote the understanding of sustainability in Southeast Asia, a region with social and environmental issues ranging from deforestation and plastic pollution to overtourism and migrant labour. The major takes three to four years to […]

For Indonesian presidential hopefuls, burning coal is business as usual

JAKARTA — Usman’s been glued to the TV news lately. A young fisherman living in Batang, along the northeastern coast of Indonesia’s main island of Java, Usman is closely following this year’s presidential race. While much of the country has been caught up in the daily trading of barbs between the campaign teams of President […]

Malaysian state seeks greater investment in GreenTech

According to a recent report, the Malaysian state of Kedah recently announced that it is inviting investors to develop more green technology-based projects in the state, especially those relating to solar power. The state’s Chief Minister said this would not only create more jobs but also establish many new business opportunities in terms of the […]

IFC invests $75m in green bond issued by Philippines’ AC Energy

International Finance Corporation (IFC), a member of the World Bank Group, committed an investment of $75 million in a green bond issued by AC Energy Finance International Limited and guaranteed by AC Energy, according to an official release. IFC’s investment anchored a five-year, $300-million green bond listed on the Singapore Exchange. It is the first […]

Preview: What to expect from upcoming presidential debate on energy

In less than a week, President Joko “Jokowi” Widodo and Prabowo Subianto will once again face each other in the second-round presidential debate. Organized by the General Election Commission (KPU) on Feb. 17, the event will see both candidates explain to the public their views and plans on energy, food, natural resources, the environment and […]

Renewable energy-led pathway vital for Vietnam

Renewable energy could become Vietnam’s lowest-cost option to meet its energy needs, according to a whitepaper released by global management consulting firm McKinsey & Company at a press conference held on January 23. At the press conference ‘Exploring an alternative pathway for Vietnam’s energy future’ evaluates how Vietnam could meet its growing energy demand at […]

AC Energy to focus on existing expansion projects in Vietnam, Australia

MANILA, Philippines — AC Energy Inc., the energy platform of the Ayala conglomerate, is focusing on its over 700-megawatts (MW) renewable energy developments in Vietnam and Australia before finding its fifth market for its regional expansion. The Ayala firm has recently bought a 25 percent stake in The Blue Circle Pte. Ltd. (TBC), a Singapore-based […]