Articles
South Korean Green Taxonomy Declared ‘Gas is Green’
The government's decision to include gas in the Korean green taxonomy risks jeopardising the country's net-zero plans. Investors and environmental groups were quick to raise concerns, stating that, as a fossil fuel, gas carries high financial and climate risks. The question is will the Korean government listen?
Are Prosumers the Future of the Renewable Energy Transition?
Prosumers result from decentralized energy systems - they generate and use their own energy. This model is a crucial strategy for increasing electrification in remote areas, and the implementation of local microgrids allows prosumers to work in sync. Excess power generated can be sold throughout the community. Asia is ready for the rise of prosumers.
Indonesia Bans Coal Exports for January – What it Means for the World
The effect of Indonesia's decision to ban January coal exports ripples through the leading Asian economies. Coal shipment bans from leading exporters are yet another reminder that fossil fuels are a dead end and surface an extensive universe of risks. However, they might prove detrimental in putting the industry to bed.
Japan’s Hydrogen Strategy – A Detour to Carbon Neutrality
A country as developed as Japan should be leading the global clean energy transition. Yet, the progress within its domestic energy market leaves a lot to be desired. What the country needs is to focus on measures aligned to the vision for a more sustainable Japan. And prioritizing renewables instead of hydrogen might be a good starting point.
How to Achieve UN Sustainable Development Goals and Targets [Part II]
The following years will have to make up for the lack of significant progress in the implementation of the SDG goals and targets since their introduction in 2015. The key to succeeding is in collaboration and striking a harmonious balance involving governments, companies, stakeholders and society.
LNG in Asia: A Threat to Financial Stability
Emerging Asia is increasingly looking towards building new LNG capacity. IEEFA's latest analysis reveals that the faith of the majority of these projects is determined even before the start of their development.
SDG Targets: Collaboration is the Key to Asia’s Energy Transition [Part I]
The successful implementation of the SDG targets is a universal goal. The lack of progress globally presents Asia with the unique opportunity to emerge as the much-needed leader to sustainable development. To do that, it should prioritise collaboration and partnerships.
Coal In Indonesia – A Sticky Habit
Indonesia is the world's fifth-largest coal producer and largest coal exporter. Coal is a significant part of the economy and a substantial portion of its energy mix. Unfortunately, coal power has not provided electrification to many remote regions of the country and is a significant roadblock in global net-zero targets. Indonesia needs to reassess its energy policy.
Global Economic Recovery after COVID-19 Pandemic – What 2022 Holds for the Energy Market
We sit with experts and stakeholders from all parts of the energy market to discuss what 2021 taught us, how will the global economic recovery continue in 2022 and which will be the decisive factors for the energy market and climate finance in Asia going forward.
South Korea’s Industrial Giants Respond to Government’s Net-Zero Goals
South Korea aims to achieve net-zero by 2050. The key to succeeding lies in enabling its world-leading industry to decarbonise at scale. While some companies are already making progress on that front, others hesitate. But the time for this is long gone.
Geopolitics and the Importance of the Energy Policy Environment for the Net-Zero Transition
The increasing demand for renewable energy and green technologies in the upcoming years will be detrimental to the developments on the global geopolitical stage. To avoid the mistakes of the oil era, this time the focus should be on cooperation.
Stranded Fossil Fuel Assets: A Looming Burden
Stranded fossil fuel assets pose a significant risk for the world. They will affect governments, lenders, and private institutions. The only way to limit this risk is to shift investment away from new fossil fuel projects and develop policies to support the change.
Competing with Coal: Renewable Energy in Indonesia
Indonesia recently released their energy plan for 2021-2030 and many energy experts are worried. The country does plan to increase renewable energy capacity, but it will continue to invest in coal power. This signals a lack of commitment to regional and global net-zero targets, putting more climate stress on the ASEAN region.
The Blueprint for Greener Companies: Re-skilling
The success of the global net-zero transition will depend on a single factor - the human capital. In the wake of a skills gap and growing clean energy job market, in the years ahead, the focus will be on upskilling, reskilling and adapting the transferrable skills from other industries.
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