News
Region
November 22, 2024
Will China assume more responsibility for global climate finance?
As the New Collective Quantified Goal on climate finance approaches at COP29, China’s stance is drawing significant attention.
November 21, 2024NCQG draft sparks outrage as COP29 fails to bridge finance divide
COP29 released a draft climate finance proposal on Nov. 21, but key details regarding the scale, sources, and mechanisms of the funding remain unclear. This leaves member countries with the challenge of reaching a consensus in the coming days.
November 21, 2024India, donor countries give up on Just Energy Transition Partnership: German official
India and a group of countries including the U.S. and Germany will not agree on a so-called Just Energy Transition Partnership (JETP), a key international deal that was meant to promote the South Asian nation’s climate-friendly transition.
November 21, 2024CBAM may be revised to ease EU exporters' pain
The EU's CBAM, designed to address carbon leakage, has unintentionally hurt domestic exporters as well. EU officials recently indicated that they would assist exporters in coping with the impact.
November 20, 2024Could the end of UK coal inspire a faster global phase-out?
The UK’s milestone offers hope, but the global energy transition will need more support for developing countries and attention to social impacts.
November 20, 2024COP29 week two: Key updates on ASEAN’s climate actions
As the United Nations Climate Summit (COP29) enters its second week, what are the latest climate actions and policies from ASEAN countries worth noting?
November 19, 2024Singapore, EU, China collaborate on multi-jurisdiction green financing taxonomy
Singapore’s sustainable finance taxonomy is aligned with those of the EU and China after it was launched at the end of last year. This alignment will serve as a framework for investors to assess green economic activities across these three regions.
November 19, 2024Thailand's sluggish car market still attracts Chinese investment
Thailand's weak automotive market may hinder the development of electric vehicles (EVs). After revising its car production targets for the year, the Federation of Thai Industries (FTI) has also lowered its forecast for new EV registrations.
November 19, 2024Nuclear plant operator rejects ideas to restart Germany’s reactors on economical grounds
Restarting Germany’s decommissioned nuclear power plants is not a viable option, former plant operator E.ON has said. The company insisted that plans to fully dismantle all plants remain unchanged.
November 18, 2024COP29: Countries still miles apart on climate finance at tense UN summit
First week of Baku talks marked by low turnout of leaders, Argentina’s withdrawal, and a gulf between blocs’ demands on a new finance goal.