China
The Reality Behind China’s Net-Zero Target: Can It Be Achieved?
China's 2060 net-zero target is starting to appear in question. Their recent increase in coal production, combined with lacklustre commitments at COP26, are not good signs. This raises several red flags, as China has significant influence over the region, and their climate actions will have trickle-down effects that dictate regional net-zero progress.
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.
The Role of Coal in China’s Path to Net-Zero Emissions
China has publicly made their target to be net-zero emissions by 2060. In support of this goal, they have made significant strides in increasing their renewable energy capacity. Yet, at the same time, coal consumption has continued to rise. Without reducing coal consumption, achieving a net-zero economy is nearly impossible.
Case Study: Tsingshan Industrial Parks in Indonesia Post-China’s Coal Pledge
In light of the no-coal-power-overseas pledge by China’s President Xi Jinping and Indonesia’s commitment to no new coal power in the recent COP26, the industrial parks fueled by captive coal power in Indonesia, developed by China, face challenges and their future is dotted with question marks.
COP26: How Lack of Climate Finance Derails Coal Phase-out Agenda
The chaos around the last-minute change in the coal declaration by India, China and South Africa at COP26 has certainly made it harder to reach the 1.5-degree target. At the Glasgow UN climate summit, nations pledged to phase-out coal, reduce methane, end deforestation and support the energy transition, etc. With the USD 100 billion pledge of climate finance still not being fulfilled, small and developing countries called for climate justice. Many nations now plan to revisit their commitment by the end of 2022.
A Close Look at China’s Five Year Plan for Coal (2021-2025)
Coal power is the anchor energy in the country, supplying around 70% of the electricity, also contributing roughly 43% of the country’s CO2 emissions. China has made promises in recent years to limit its coal power growth. But the world is still nervously guessing - how much coal power will be added to China’s domestic fleet before 2025?
Countries Gearing Toward the Clean Energy Transition
Asia is the main engine behind the clean energy revolution. Developing and developed markets across the continent are now increasingly working towards a sustainable future. While challenges remain, the opportunities are huge. China, India, and the ASEAN countries' success stories are just a small example of what lies ahead.
Energy Transition: A Dilemma for Oil and Gas Sector
Asia will account for an estimated share of 43% of the global energy demand by 2040. Whilst fossil fuel projects are under pressure owing to climate commitments, renewables are not yet fully developed. Will the Asian countries bank upon oil and gas to fulfill the future energy demand?
Green Transportation Trends in Asia – A Wave of Electric Charging Stations
China's EV sales and adoption rates are substantially higher than the rest of the world. This is driven by continued government subsidies and mass development of infrastructure, like electric charging stations. In many ways, this model appears to be working. What valuable lessons can the rest of Asia take from China?
Repercussions of China’s Coal Pledge on Asian Economies
China's historic pledge to stop coal financing abroad will help in lowering global carbon emissions. However, the decision may also risk economic growth in Asian countries like Vietnam and Indonesia. Experts demand stronger commitments from Beijing in order to support the renewable energy transition in the region.
The Boom of Green Investments in Asia and the Reasons for the Investors’ Interest
As the next renewable energy powerhouse, Asia is a primary point of interest for many...
Green Investments Growth in Asia – the Global Renewable Energy Powerhouse
Asia is the most populous continent and home to some of the fastest-growing economies. As...
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