News
News / Global
Global
December 13, 2024
Southeast Asia's carbon market could reach $3 trillion by 2050, says ASEAN report
Southeast Asia's carbon market potential remains largely untapped. A recent report highlights that over the past 15 years, carbon credits provided by the ASEAN region have accounted for only 7% of the global carbon market.
December 13, 2024Mixed climate legacy of Scholz’s collapsed coalition leaves challenges for next government
The early end of Olaf Scholz’s coalition government follows a three-year term marked by crises and a deep internal dispute over funding for future climate and energy policies.
December 12, 2024Singapore's Charge+ acquires 3 EV charging firms as new licensing rules begin
The electric vehicle charging station market in Singapore is undergoing significant changes. Some operators are opting to divest, with one company acquiring three competitors and over 140 charging points in one go.
December 12, 2024Q&A: What could a US-China trade war mean for the energy transition?
Ahead of Donald Trump’s second term as US president, a rerun of his first trade war with China is firmly on the cards – and minerals key to the energy transition may end up in the crossfire.
December 11, 2024BP, JERA merge offshore wind businesses to spread investment risk
BP and JERA announced on Dec. 9 that they plan to invest $5.8 billion by the end of 2030 to integrate their respective offshore wind businesses through a joint venture.
December 11, 2024Philippines' renewable energy market to enter full commercial operation
Starting on Dec. 26, the Department of Energy (DOE) of the Philippines has announced that the Renewable Energy Certificate (REC) trading system will fully return to a market-driven mechanism.
December 11, 2024Nickel mining’s toll on Indonesia’s small islands: stories of resistance and survival
Independent journalism collective, Project Multatuli, traces the struggles faced by communities being threatened by mining companies – from water supply and health issues, to loss of land and livelihoods.
December 10, 2024Philippines makes significant leap in renewable energy investment, BNEF report reveals
The Philippines ranked among the top two most attractive emerging markets in Bloomberg New Energy Finance (BNEF) latest climate survey.
December 10, 2024Analysis: Why the $300 bln climate-finance goal is even less ambitious than it seems
At COP29 in Baku, developed-country parties agreed to help raise “at least” $300bn a year by 2035 for climate action in developing countries. Yet it faced a strong backlash from many developing countries, with some branding it a “joke” and “betrayal”.
December 09, 2024How can China’s renewables sector take steps towards achieving gender equality?
Data transparency and a commitment from businesses could help improve representation and begin eliminating barriers faced by women.