Renewable Energy

The Role of the Asian Development Bank in Southeast Asia’s Energy Transition

To ensure a seamless and successful energy transition, ASEAN countries should actively pursue public funding, regional cooperation and energy market redesign. How is the Asian Development Bank aiding the transition to clean energy?

What the 2021 China Wind Power Boom Means for the World

China is a central actor for the world’s energy and climate future. As such, the latest figures about the rapid growth of the new solar and wind power capacity in the country in 2021 send a positive signal for the world's net-zero journey.

The ASEAN Energy Outlook 2022- Advancing Energy Transition Through Innovation

The ASEAN energy outlook is promising – the countries have laid the groundwork and are ready for the energy transition. The potential is there - but where should we start?

The Factors Determining the Energy Transition in Asian Economies

While the level of economic development is essential for the energy transition progress, developing Asian economies prove it isn't everything. What are the factors for Asian economies to transition to net-zero?

Asia-Pacific’s Role in Climate Diplomacy

Fossil fuel rich countries have historically controlled climate diplomacy. As the world transitions to renewable energy, these countries will lose their global pull. This opens the door for countries to dictate their own future without the risk of damaging relationships with energy exporting allies.

How the Oil and Gas Sector Can Drive Renewable Energy Growth

The oil and gas sector currently employs over 12.6 million people, but demand is shrinking. On the other hand, demand for renewable energy workers is increasing.

Can Governments Implement Behavioural Change for Energy Transition?

While governments and big business are often held responsible for emissions, consumers also play a role. Behavioural change of consumers can influence change in both businesses and governments. These changes can drive impacts like subsidy swaps, fossil fuel funding restrictions, and global policies.

Innovative Energy Distribution Systems for a Fair and Just Energy Transition

Historically large vertically integrated energy providers have dominated the market. Lack of competition from energy providers has created a stagnant industry with minimal competition and interest in innovation. With the adoption of distributed energy systems, the major utilities are being challenged, spurring innovation. Energy providers will have to look to new business models to remain relevant.

How Banks Are Making it Hard to Fight Climate Change

While banks are increasingly looking to diversify into climate-friendly portfolios, many institutions continue to back coal. Due to their increased responsibility and influential role in fighting climate change, banks should aim to end support for coal expansion and redirect financing towards renewable energy projects.

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.

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.

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.

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.

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