Southeast Asian nations are aiming to increase green financing as the region, dotted with flood-prone low-lying areas vulnerable to weather disruptions and rising sea levels, grapples with the threat of climate change.

THE volume of green bonds and loans issued in Asean almost doubled between 2018 and 2019, in tandem with global trends, according to a report by Climate Bonds Initiative (CBI) on Thursday.

Two recent conferences highlighted the United States’ antagonism toward Russia and China. The first was the meeting of the leaders of the 10-member Association of Southeast Asian Nations with the US, which US President Joe Biden hosted in Washington in May. The second was the Shangri-La Dialogue in Singapore on June 10-12.

Sustainable investing is going mainstream in ASEAN with more than half of the private equity deals in the region now backing business models that contribute to environmental and social progress. Sustainable investing – also known as responsible investing or impact investing – is catching on globally as companies increasingly realise that they do not have […]

Jakarta (ANTARA) – The Association of Southeast Asian Nations (ASEAN) will start negotiation with nuclear-weapon states in signing the Protocol to the Treaty on the Southeast Asia Nuclear Weapon-Free Zone (SEANWFZ Treaty), Foreign Minister Retno Marsudi stated, Wednesday.

Commercial fleets and two-wheeled vehicles are expected to be the biggest drivers of growth in ASEAN’s electric vehicle (EV) market. A recent report by consultants Bain & Company estimates that the region’s annual new investment in passenger EVs will grow to US$6 billion by 2030, and will require another US$500 million in new charging infrastructure […]

Southeast Asian governments, the Asian Development Bank (ADB), and development financiers launched the Asean Catalytic Green Finance Facility, a new initiative to spur more than US$1 billion in green infrastructure investments across Southeast Asia. The launch ceremony was held in Chiang Mai, Thailand, on April 4 and was witnessed by Thailand’s Minister of Finance Apisak […]

Hanoi (Vietnam), July 15 (VNA/ANI): The Association of Southeast Asian Nations (ASEAN) is emerging and playing a central role in the region, thus looking to converge Mekong sub-regional cooperation with its development goals, according to Deputy Minister of Foreign Affairs Nguyen Quoc Dung, head of the SOM ASEAN Vietnam.

Jakarta (ANTARA) – Indonesian Foreign Affairs Minister Retno Marsudi has informed that several agreements will be sealed during the 42nd ASEAN Summit in May this year, including the one on the development of electric vehicles (EVs).

Dr Fatih Birol, the IEA’s Executive Director, was in Singapore for the 36th ASEAN Ministers of Energy Meeting (AMEM), Singapore International Energy Week, and other related engagements. Dr Birol gave the opening presentation of the AMEM, discussing the various energy challenges facing ASEAN – especially energy security, investment, grid integration and energy efficiency – and […]