APPEC Singapore’s Pavilion Energy eyes Southeast Asian markets for gas expansion
SINGAPORE, Sept 27 (Reuters) – Singapore’s Pavilion Energy is looking to expand into Southeast Asian countries such as Vietnam and Myanmar where demand for natural gas is expected to grow, its interim chief executive said on Monday.
Are ASEAN banks ignoring climate change?
ASEAN banks are not doing enough to tackle climate change and environmental degradation. Largely unaware of the climate-related risks embedded in their portfolios, most of them do not have a strategy to manage these risks. Despite being home to some of the world’s largest deforestation hotspots such as the Greater Mekong, Sumatra and Borneo, only […]
Are Southeast Asian nations meeting their climate commitments?
Southeast Asia is among the world’s most at-risk regions when it comes to the impact of global warming. The UN Intergovernmental Panel on Climate Change (IPCC) warned in its most recent report that the region is facing rising sea levels, heat waves, droughts and increasingly intense rainstorms.
As palm oil for biofuel rises in Southeast Asia, tropical ecosystems shrink
Indonesia and Malaysia are looking to shore up demand domestically and in China, with the EU having changed course away from biofuels.
ASEAN Advances Clean Energy Transition with Innovative Funding and Collaborative Partnerships
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.
Asean Centre for Energy opens ‘Sustainable Renewable Energy’ arm to push bioenergy, electric transport
The Asean Centre for Energy (ACE), a regional organisation representing the energy interests of 10 Southeast Asian nations, has launched a new “Sustainable Renewable Energy” department, which will focus on industrial and transport applications for clean energy. Beni Suryadi, who leads the “Power, Fossil Fuel, Alternative Energy and Storage” team at the Jakarta-based centre, will concurrently […]
ASEAN Centre for Energy’s Renewable Energy Sub-Sector Network to meet virtually
The 28th annual meeting of the Association of Southeast Asian Nations (ASEAN) Center for Energy’s Renewable Energy Sub-Sector Network (RE-SSN) will begin today; hosted virtually by Cambodia, the network will meet through May 6.
ASEAN Cities Threatened By Climate Change
The World Bank estimates the global population to reach 8.5 billion by 2030 with two-thirds of this number living in cities. From that, an estimated 90 million people will move to cities in the Southeast Asian region.
Asean coal power plant construction falls
US-based climate group Global Energy Monitor reported that 1.5 gigawatts (GW) of new coal generation began in Asean in the first half of 2019, all of which was in Indonesia. Across Asean, 53.4GW of capacity is listed as at pre-construction stage but 69.6GW has been cancelled since 2015. Construction started on power stations with a capacity of […]
Asean Companies Get Serious About Climate Change, but Room for Improvement
As Southeast Asia’s largest companies get more serious about climate change as sustainability requirements emerge across the region, those in countries with stricter reporting rules are taking the lead in disclosure, a new study showed.