Fossil Fuel
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.
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.
Trump Quits the Paris Agreement: The Consequences
Experts say that while Trump's decision will significantly impact global climate action, it won't derail it since the clean energy transition is already underway. The economic reasoning behind it is too strong to ignore. However, other nations must unite and increase their efforts to protect the most vulnerable.
Deforestation: Causes, Effects and Solutions
Deforestation is a significant burden on the world's economy and environment. However, it is primarily driven by agricultural expansion, which is critical to keeping up with growing food demands. Tackling this issue requires a multifaceted approach that balances regulation and sustainable development.
Biodiversity Loss: Causes, Effects and Solutions
Biodiversity is crucial for global ecosystems and the associated services that humans rely on. However, biodiversity loss is increasing exponentially due to human activities. Changing this trend is a crucial step in regional and global climate action.
Air Pollution: The Silent Global Epidemic
Air pollution directly results from human industrialisation and has countless health and economic consequences. However, it remains a challenging issue to tackle, as it requires stringent government policy and societal changes.
Top 10 Current Environmental Issues In the World In 2025
The planet faces a myriad of environmental issues that stem from human actions. As the global population has increased along with economies modernising, the demand for natural resources and pollution rates have increased exponentially. This has placed a growing level of stress on the planet's natural systems – many of which are showing signs of wear.
Exposing The Cons Of Fossil Fuels
Fossil fuels dominate the global energy mix yet have many cons that make them ill-suited for long-term use. Our existing reliance on fossil fuels is a significant social, economic and environmental risk. Renewable sources provide a sustainable long-term alternative.
When Will Fossil Fuels Run Out?
Fossil fuels are finite, and the world's reserves are running out. This is primarily driven by the world's continuously growing demand for energy. Renewable energy adoption must be expedited to fill this energy gap and speed up the transition from fossil fuels.
The Advantages and Disadvantages of Nuclear Energy
Nuclear energy has recently gained more attention after its slowdown in the early 2000s. However, nuclear energy still presents many challenges, making renewables like solar and wind the better long-term energy solution.
What Asia’s Financial Industry Can Learn From Europe’s Climate Leadership
Through regulatory intervention and voluntary action, the EU and its financial industry are leaving the fossil fuel era behind. While Asian banks and investors remain deeply entrenched in coal, oil, and gas, in the potential absence of the US, they can lead global climate action alongside Europe.
What a Donald Trump Presidency Means For Global Action Against Climate Change
Trump’s win comes as a breath of fresh air to the fossil fuel industry. For many climate scientists and activists, it is no longer a question of whether the global climate crisis will get worse but how worse it will get. The new reality highlights the importance of climate multilateralism, where the EU, China and other nations take the lead.
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