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Banks bet big on fossil fuels, boosting financing in 2024, report finds
Bank financing for the fossil fuel sector rose by $162.5 billion in 2024, more than 20% compared to 2023, according to a Rainforest Action Network report.
July 03, 2025
Vietnam sets offshore wind rates, eyes first project launch by end of 2025
Vietnam's Ministry of Industry and Trade (MOIT) has unveiled a pricing framework for offshore wind power, setting regional ceiling tariffs ranging from VND 3,078.9 to VND 3,975.1 per kWh (approx. USD 0.12–0.15).
July 02, 2025Most Read
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Banks bet big on fossil fuels, boosting financing in 2024, report finds
July 03, 2025 -
Vietnam sets offshore wind rates, eyes first project launch by end of 2025
July 02, 2025 -
EU considers non-EU carbon credits in push for 90% emissions cut by 2040
July 02, 2025 -
Germany joins other EU members to call for changes to bloc’s new emissions trading system
July 02, 2025 -
Over 100 firms, investors urge EU to uphold sustainability regulations
July 01, 2025 -
Indonesia’s 10 GW renewables goal at risk as PLN faces criticism over slow progress
July 01, 2025 -
Specter of dams and diversion looms over Southeast Asia’s Salween River
July 01, 2025 -
CATL breaks ground on $5.9 billion new battery plant in Indonesia
July 01, 2025