News

Vietnam’s first marine protected area (MPA), Nha Trang Bay, has lost nearly 200 hectares (494 acres) of coral reef since it was established in 2002, according to a new study. The study calls for stronger conservation measures.

Indonesia is emerging as a promising destination for energy transition investments. Two of the country’s leading sovereign wealth funds have recently reaffirmed their commitment to scaling up investments in clean energy.

90% of extreme weather events are linked to water, underscoring the urgent need for Adaptation through Water (AtW) strategies. Southeast Asian countries are particularly vulnerable to climate impacts, with projected economic losses of up to 25%.

Vietnam’s offshore wind potential remains largely untapped, and the sector is progressing at a relatively slow pace. Nevertheless, multinational companies from the U.S., Europe, and China continue to express strong confidence in its long-term prospects.

Starting in July, Peninsular Malaysia will implement an Automatic Fuel Adjustment (AFA) mechanism for electricity pricing, replacing the current Imbalance Cost Pass-Through (ICPT) system.

Indonesia’s state-owned power utility, PLN, plans to expand fossil fuel generation by more than 20% by the mid-2030s, prioritizing gas and coal plants while delaying large-scale renewable rollouts until the early 2030s.

A new law paving the way for the promotion of natural gas has been labelled an “insult” by climate campaigners.

The EU’s CBAM, starting in 2027, will impose carbon tariffs on high-emission imports—posing a major challenge to Vietnam’s steel exports. In response, Hoa Phat and VNSteel are stepping up decarbonization efforts and investing in green energy.

Vietnam has taken a significant step in developing its carbon market, unveiling pilot emissions trading plans for three major carbon-intensive industries.

Chinese international cooperation mechanisms such as the Belt and Road Initiative could fill the gaps left by US withdrawal, writes Zhou Xiaozhu.