Articles
Gas Deals at COP27 Egypt: All You Need To Know
There is a feeling that COP27 did more for fossil fuels than clean energy. However, convinced of the benefits of the latter, some Asian countries are actively progressing towards a more sustainable, cost-efficient and resilient energy system.
How Climate Change Is Raising Average Daily Temperature in Cities
Scientists can almost pinpoint how much climate change has increased average daily temperatures in cities thanks to a new tool.
COP27: Broken USD 100 Billion Promise of Climate Finance but New Hope For Loss and Damage
At a time when the world should be moving rapidly towards climate change solutions, action is slow. And as promising as the new climate finance proposal agreed upon at COP27 might look, it alone won't be enough to adequately protect the most vulnerable.
Global EV Sales 2022: Stunning Boom and a Bright Future
While Southeast Asian countries are lagging behind EV leaders, through the right policy measures, incentives they can decarbonise their public and private transportation fleets.
Oil Companies Post Record Profits in 2022 Amid Global Energy Crisis
Oil majors had some of their highest profits ever during the second quarter of 2022 causing global outrage as inflation rates rise, the war in Ukraine continues and natural disasters causing devastation. The actions of energy giants can be connected to these global issues by causing or profiting from them.
COP27 Egypt and the Outlook For Natural Gas in Asia
COP27 has shown that while gas won't be going away soon, its faith is already determined. And Asian countries should be aware of that.
High Energy Prices Wreak Havoc on Sri Lankan, Bangladeshi and Pakistani Economies
Before Russia’s invasion of neighbouring Ukraine, Sri Lanka, Bangladesh and Pakistan had set their hopes on LNG to diversify their respective power generation mixes away from an overreliance on coal. However, record high LNG prices in the Asia-Pacific region, for both spot procurement and LNG indexed to crude oil, have wreaked havoc on these countries.
COP27: The Cost of Failing To Meet the Paris Agreement
Climate finance is one of the focal points of CO27, and it has historically been a challenging topic to make progress on. However, agreeing on funding, particularly for developing countries, is crucial for the world to align with the Paris Agreement target of staying below 1.5 degrees of warming. The world is already feeling the economic and social impacts of climate change, which will only increase with rising temperatures.
Global Inflation 2022: The Culprit – Fossil Fuel Prices
Aside from taking a toll on the climate and the environment, fossil fuels are also bearing massive financial and economic risks, including stranded infrastructure, cascading inflation and unstable energy supplies.
Is Renewable Energy Cheaper?
The price of developing solar and wind power projects have reached cost parity with their fossil fuel power plant competitors, and in many cases renewables are now much cheaper.
Climate Action 100+ Net-Zero Company Benchmark: Sufficient Progress But a Lack of Real Action
While companies have shown significant progress in terms of net-zero commitments, experts say they still fall short of achieving actual results.
Climate Finance at COP27: All Talk and Lack of Action
Climate finance for loss and damage, adaptation and mitigation is a central discussion at COP27. Developing nations continue to call for more financing, and developed nations are yet to make substantial pledges. However, some proposals, like the Bridgetown Agenda, appear to be gaining support.
South Africa’s ‘Just Energy Transition Partnership’: Lessons For Asian Countries
The South African JETP marks a groundbreaking moment for global energy financing. It has set the stage for a new climate-progress model that can unite developed and developing countries, as well as public and private financiers, on the path towards a just energy transition.
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