Region
Innovation as the Driving Force Behind the Transition to Renewable Energy in South Korea
Compared to other countries, the pace of South Korea's renewable energy transition leaves a lot to be desired. However, the latest Green New Deal shows the officials' determination to change the country's course, but will it be enough?
Ending Asia’s Love Affair With Oil and Gas
Asia is still heavily reliant on oil and gas, which has been boosted by growing natural gas consumption. Several groups have stated that it will be nearly impossible to reach international climate goals unless the region reduces emissions.
South Korea Prepares for Net-Zero by 2050. But Is It Enough?
While others run, South Korea seems to stroll towards its net-zero by 2050 goal. However, with the latest green deals, the local government shows ambition to change the country's trajectory and notably speed up its renewable energy transition.
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.
Malaysian Oil and Gas Company Petronas Ventures into Renewable Energy
Petronas is one of the largest oil and gas companies in the world - controlling the fourth largest fossil fuel reserves in Asia. Yet the government owned business is aware that oil and gas is loosing traction. Since 2013 Petronas has been investing in renewable energy and currently controls over 1 GW of solar arrays. Further investment in renewable technologies is expected in the coming decades.
Learnings from Bangladesh’s Solar Home System
The world's largest off-grid solar program gave 20 million Bangladeshis access to electricity in rural areas. The program so far has gained a lot of global popularity and experts believe it can be replicated in other countries.
The IPCC Report and Its Impact on Asia
The latest IPCC report is a wake-up call for policymakers, corporations, financiers, and the general community that we are running out of time to prevent the adverse implications of climate change. While the findings will echo around the world, they will undisputedly have the biggest effect on Asia.
Protecting Asia’s Economy by Transitioning to Clean Energy
The world is transitioning to clean energy through international agreements and cooperation, and Asia plays...
Kusum: India’s Agriculture Solar Pump Scheme Facing Challenges
There are over 20 million grid-connected agriculture water pumps in India consuming over 17% of electricity. The distributed solar pump market scheme solution, PM Kusum Yojana, faces several challenges.
Why Corporate Credit Ratings Agencies Shy Away From Climate Risks: An Interview with Melissa Brown, IEEFA
Despite the ever-increasing climate catastrophes, climate risks are not fully reflected in the main ratings of the top rating agencies. In a Q&A with ETA, Melissa Brown of IEEFA talks about the changing dynamics in the credit-rating market and why rating agencies are buying analytics firms.
Southeast Asia’s Slow Transition to Renewable Energy
Southeast Asia has undergone rapid economic growth over the past two decades. This growth has fueled energy demand, which has been met with fossil fuels. Now, as economic growth begins to slow, the region has the opportunity to invest in renewable energy.
Asia’s Risk From Heat – An Inconsistent Renewable and Sustainable Energy Transition
As extreme weather events multiply, the world is echoing calls for more action to mitigate...
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