Some Southeast Asian nations have displayed leadership in facilitating bottom-up renewable energy development. Now it is time for others to follow suit.
Traditionally, the development of electricity systems has been built upon two assumptions: demand is not to be controlled; supply, then, must meet demand.
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 […]
Long before the Covid-19 pandemic, climate movements had appeared globally and impacted the coal industry. For example, in 2019, a YouTube video titled “Sexy Killers” became a trending topic in Indonesia and damaged the image of coal in the country. The perception of coal as “dirty energy” and moves to phase it out have put the industry […]
(Oct 29): Keep pouring money into coal-fired plants and it won’t be just the fuel that’s getting burned. As much as US$60 billion of coal power assets may be stranded in the next decade across Vietnam, Indonesia and the Philippines, according to a new study by Carbon Tracker, which cited tighter environmental policies and competition […]
The Covid-19 crisis has caused a global economic slowdown, wiped value off stock markets and led to job layoffs. With mobility restrictions urgently imposed to limit the transmission of the coronavirus, events cancelled, consumers’ spending power affected and the public having to adopt new routines and behaviour amid the pandemic, the automotive and transportation industry is […]
SINGAPORE – The World Bank Group is anticipating that financing flow in energy projects will be largely dominated by new projects in the liquefied natural gas (LNG) and renewable energy (RE) sectors in the near- to longer-term investment horizons. “LNG will remain to have a lot of space in energy financing as gas demand increases […]