Features
MDBs’ Love for Fossil Fuel Leaves Asian Nations Floundering
Multilateral Development Banks (MDBs) face criticism for financing fossil fuel projects that undermine climate goals. In Bangladesh, the Asian Infrastructure Investment Bank (AIIB) invested $600 million in energy without supporting renewables, enabling coal and gas expansions that displaced communities. Similarly, the Asian Development Bank (ADB) focused on fossil fuels, worsening energy poverty despite claims of improving electricity access. This profit-driven approach exacerbates environmental degradation and social inequality in vulnerable nations.
Is LNG Bad for the Environment? Panel Experts Say Yes
Portfolio players are building a wave of new LNG carriers at a record pace to keep up with LNG production. Many of these carriers are being built with unregulated capital and have no or weak environmental regulations. This will create more greenhouse gas emissions and lock in more fossil fuel usage for decades.
Renewable Energy
Solar Renewable Energy Credits and the Energy Transition
Solar renewable energy credits provide a monetary value to the environmental benefits of solar energy. This allows developers to sell these credits, providing them with a revenue stream and giving companies a way to purchase the benefits of solar power to offset their fossil fuel-based energy use.
Renewable Energy Credits (RECs): How Do they Work?
Renewable energy credits are a tradeable instrument representing the environmental benefits of 1 MWh of renewable energy. They provide a way for companies to source and pay for renewable energy while giving another financial incentive for energy developers. This interplay facilitates the adoption and development of renewable energy projects.
Fossil Fuel
Indonesia’s National Energy Plan (RUKN) Is Ambitious But Falls Short of Full Potential: CREA
According to a dedicated analysis by CREA, while ambitious, the RUKN fails to mobilise the full renewable energy potential of Indonesia and misses out on substantial cost-efficiency gains in the electricity sector. However, the experts note there is still time for demonstrating more ambition.
Natural Gas Price Forecast 2025: Asia To Drive Global Demand
In 2025, natural gas markets will continue facing uncertainty, with market analysts warning of continuously increasing prices hitting import-reliant Asian economies. This necessitates accelerating renewables deployment to ensure more affordable, secure and clean energy for their growing economies.
Region
Japan To Buy ‘Record Amounts’ of LNG From US After Trump and Ishiba Meet
In times of heightened geopolitical risk and ever-dropping renewable energy costs, Japan's promise is likely to have significant consequences for its economy and energy security. However, the biggest impact might be felt by Southeast Asian countries – a prime target for Japanese stakeholders looking to resell excessive LNG.
Japan’s Updated NDC Plans Fall Short of Expectations
Japan’s delay in updating its Nationally Determined Contributions (NDCs) raises concerns about its climate ambitions. The proposed targets — 60% emissions reduction by 2035 and 73% by 2040 — fall short of the Paris Agreement’s 1.5°C goal. Japan's policy-making structural issues, including industry influence over energy policy and the primacy of energy policy over climate targets, hinder progress. Reforming Japan’s policy-making framework is essential.
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