COP26: World leaders promise to end deforestation by 2030, but most Southeast Asian countries yet to sign on
GLASGOW: More than 100 countries have signed a pledge to halt and reverse forest loss and land degradation by 2030 as a tool to combat climate change and limit global temperature rise.
Unveiled at the climate summit COP26 taking place in Glasgow, the Association of South East Asian Nations (ASEAN) Catalytic Green Finance Facility, managed by the Asian Development Bank, will increase access to finance for critical infrastructure for ASEAN countries, and will support the development of sustainable infrastructure projects such as renewable energy, clean transportation or […]
The Asian Development Bank (ADB) must delay soliciting financial support for its coal buy-out scheme in Southeast Asia at COP26 until it has addressed a number of practical concerns about this proposal, including the risk it could undermine an ambitious, swift, and just transition from coal in targeted areas, an alliance of non-governmental organizations from […]
(Nov 1): Association of Southeast Asian Nations Automotive Federation data show that “about 3.5 million passenger or commercial vehicles and 4 million motorcycles or scooters were sold annually before the pandemic,” Nikkei writes. “The region is also expected to generate 140 million new consumers by 2030, with the high- and upper-middle-income ranks doubling to 57 […]
Asian leaders are heading to Scotland where COP26, the most important global summit on climate change since the one that produced the 2015 Paris agreement, opens this weekend, after being postponed last year by the coronavirus pandemic.
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.
Asean has made the unprecedented decision to exclude Myanmar’s junta chief Min Aung Hlaing from the grouping’s summits next week.
As the Intergovernmental Panel on Climate Change (IPCC) found in its latest report, Southeast Asia faces rising sea levels, heat waves, violent storms and reduced river flows due to reservoir construction and water extraction.
The Asian Development Bank (ADB) will boost its climate financing goals by US$20 billion to a new target of $100 billion for the 2019-2030 period, and aims to launch its concept for retiring coal-fired power plants at the COP26 climate conference in Scotland next month, the lender’s chief said on Tuesday.
BANGKOK: When Malaysia enters negotiations at global climate change talks beginning at the end of this month in Glasgow, it will be with momentum from a sweeping and ambitious national plan for a greener and cleaner future.