The need for renewable energy cooperation
In October, the United Nations (UN) released a report which highlighted that the world could be on the brink of a climate change disaster if immediate measures are not taken. Leading scientists behind the report have said that the world only has 12 years to keep global warming at a maximum of 1.5 degrees Celsius […]
Blockchain gaining ground in Southeast Asia
20 years ago, no one could have accurately predicted the huge impact that inventions like the smartphone and the World Wide Web would have on humankind. As technology advances at a breakneck pace, the same could be said about blockchain technology. It’s a common misconception to conflate blockchain with cryptocurrencies like Bitcoin, Ethereum and Litecoin. […]
Low carbon electricity generation, carbon pricing could reduce emissions in Asean: MIT report
KATOWICE, Poland – The ongoing United Nations (UN) climate change talks in Poland have emphasised the need for the world to drastically reduce its emissions to avoid the worst impacts of climate change, with many nations arguing that both developing and developed countries should bear the responsibility of doing so. But how can rapidly developing […]
Towards an energy efficient ASEAN
In tandem with a renewable energy policy, energy efficiency will be key to building a reliable and sustainable energy system for the future of Southeast Asia. Energy efficiency refers to the reduced rate of energy consumption in order to produce the same amount of output. Less energy resources are needed to fuel the same level […]
Why is green bond growth in Southeast Asia so weak?
Much of the growth in Asian green bond issuance is in China, with Southeast Asian countries gaining momentum. What can the finance industry do to boost green investments in developing nations in Southeast Asia? While the global market for green bonds reached a record of more than US$155 billion last year, there are still only a few banks in developing countries in […]
Southeast Asia’s Clean Energy Challenge
While the region can’t give up on coal for now, there is a lot it can do to get clean. December 12 marks the third anniversary of the Paris Agreement, a compact intended to catalyze a global reduction in carbon emissions. Yet all the statistics suggest the problem is getting worse: the latest report from the International Energy […]
The ‘Asean century’ for renewable energy
THE coming years could be a watershed moment for renewable energy (RE) in the Asean region. Although South-East Asia is considered a laggard in terms of RE deployment, the region is, arguably, where the most significant potential for sustainably-sourced energy lie. The conditions for the development of RE here, particularly solar energy, could not be […]
ASEAN countries lag on renewable energy
The bad news is that oil prices have gone up after years of low prices. The good news is that this will drive green energy up to its highest levels in the next decade or sooner. It is good to note that the rising prices of oil have prompted tidal moves towards renewable energy development, […]
PM: Malaysia to promote potential of green industries and jobs in Asean
KUALA LUMPUR: Malaysia hopes to promote the identification of potentials and prospects for green industries and jobs in Asean member states besides developing corresponding policies. Prime Minister Tun Dr Mahathir Mohamad said this while referring to the Malaysia’s role as the chair of the association’s labour sector from 2018 to 2020. “Going further, we look […]
Southeast Asia’s electric car revolution
Driving attitudes across the region has changed dramatically with the introduction of electric vehicles into the personal mobility market. As more and more consumers become environmentally conscious, the demand for electric vehicles has seen an uptick. A report by Bloomberg New Energy Finance (BNEF) indicates that in 2040, 54 percent of cars sold will be […]