News

Poor, climate-vulnerable nations have made a case for wealthy nations to pay hundreds of billions for climate adaption and resilience. But while making big promises, actual funding by wealthy nations has repeatedly fallen far short of what’s needed.

German startup Proxima Fusion has raised 130 million euros from private investors. The record funding reflects growing optimism that nuclear fusion will provide plentiful and clean energy in the not-too-distant future.

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.

Hopes of real civil influence at November’s UN negotiations in Belém are being undermined by costs, bureaucracy and mixed messaging.

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.

On June 10, the government of Sarawak announced a partnership with China’s China Three Gorges International Corporation (CTGI) and Shanghai Electric to jointly develop a large-scale floating solar project at the Bakun Reservoir.

Seiko Epson, the Japanese electronics company, is developing a small carbon capture unit roughly the size of an office printer.

As cities around the world experience the growing impacts of climate change, the need for energy-efficient and sustainable cooling solutions is becoming more important than ever.