News

A few years ago, solar power became the “cheapest electricity in history”, but it still lacked the ability to meet demand 24 hours a day and 365 days a year. Since then, there have been significant improvements in the cost and performance of batteries.

To encourage greater corporate participation in voluntary carbon markets, the governments of Singapore, the United Kingdom, and Kenya have launched the Coalition to Grow Carbon Markets, the first government-led initiative of its kind.

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%.

Energy-intensive businesses now need to green some of their electricity use. Certificates to prove it have shot up in price.

Amid rising tensions in the Middle East, Iranian authorities have threatened to block the Strait of Hormuz, a critical chokepoint for global energy trade. Roughly 80% of oil and gas exported through the strait is destined for Asia.

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.

The re-arming of Europe looks set to become one of the most dynamic policy areas for the EU in the foreseeable future. Hundreds of billions of euros will be invested between Portugal and Finland in the coming years to bolster national militaries.

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.

Presidents and Indigenous leaders, fishers and financiers were all on the Mediterranean coast for the UN’s big ocean meeting. These items were the talk of the town.

Carbon market is regaining momentum as it enters the “carbon credit 2.0” era, driven by strengthened quality standards and the accelerated development of carbon removal technologies.