News

The Bonn Climate Conference (SB62), regarded as a key preparatory meeting ahead of the United Nations Climate Change Conference (COP30) in November, concluded on June 26.

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.

At the Annual Meeting of the New Champions, also known as “Summer Davos,” the World Economic Forum (WEF) on June 24 unveiled its Top 10 Emerging Technologies of 2025. Among them, four technologies in sustainable and low-carbon energy made the list.

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.