energy transition

G7 Ministerial Meetings 2024 – Outcomes

The G7 has sent a clear message that it is moving away from coal. While a good start, the targets are vague and insufficient for a 1.5°C-aligned world. The G20 and COP29 summits and the upcoming NDC updates round provide the perfect opportunities to accelerate progress.

ASEAN Energy Transition: The Role of LNG

While the oil and gas industry insists that LNG demand will continue growing in upcoming decades mainly due to the economic growth of China and Southeast Asian countries, market experts and analysts claim the opposite, stressing the fuel's energy security and environmental, economic and geopolitical risks.

Tripling Renewable Energy Capacity Is Possible, But 2023 Didn’t Help

Despite the record clean energy capacity additions in 2023, leading agencies and market analysts warn that the world is falling short of the trajectory required for a 1.5°C-aligned scenario. Can the G7 and G20 take action to help us change course?

Asia’s Net-zero Transition Outlook 2050: Opportunities and Challenges

Accelerating the net-zero transition across Asia would ensure improved energy security and various economic gains, including cheaper energy, reduced fossil fuel subsidies, green jobs, reduced climate change costs and more. 

Hydropower Reliance Is Risky for Asia

Scientists and experts warn that hydropower over-reliance can expose Asian countries to economic, environmental, social and energy security risks. However, hydropower can unlock various gains in a solar and wind-led energy transition.

South Korea’s Energy Mix: Prominent Role of Fossil Fuels

The IEEFA warns that South Korea’s misplaced faith in fossil fuels could create a vicious cycle of spiralling energy costs, derailed decarbonisation progress and loss of opportunities as investors back the transition to renewable energy.

Top 10 Oil And Gas Companies In Singapore [2024]

Oil and gas companies have long been a significant economic pillar in Singapore's economy. The country is the major thoroughfare and hub of fossil fuels in Asia. Most of the largest international fossil fuel companies have offices in Singapore, but there are also several major local companies. How will these businesses fare now that the energy transition is underway?

Indonesia to Experience a Green Jobs Boom, But Policy Changes Integral

Indonesia has ambitious plans for its green technology sector. However, to capitalise on the opportunities ahead, the country needs to make the industry more welcoming and lure its youth and experienced workforce to pursue green jobs.

Future of Renewable Energy in the World: Massive Growth Expected

IEA notes that almost all new clean energy capacity added in 2023 had lower generation costs than new coal and gas plants, and 75% of new solar and wind plants offered cheaper power than existing fossil fuel facilities.

Indonesia Energy Transition Outlook 2024: In Light of the JETP

Whoever holds power after Indonesia’s February elections has a chance to alter the country's future. Projects, like increased coal and gas capacity and expensive, untested technologies, should remain on paper, while solar and wind must become the priority.

Azerbaijan to Host COP29 in 2024: What to Expect

The initial signs are that COP29 might be yet another conference where fossil fuel producers act in concert to stall global progress. However, Azerbaijan has the unique opportunity to do what no previous conference host has: increase financing for the most vulnerable ones to the needed levels, accelerate the phaseout of coal and urge for more ambitious emissions reduction targets.

Renewable Energy Growth and Plunging Costs Make the COP28 Target Possible

While the world remains off track in reducing fossil fuel emissions and limiting temperature rise to 1.5°C, the momentum behind renewable energy technologies is aiding the shift towards a cleaner and more sustainable energy system. 

How COP28 Failed to Deliver on the Climate Crisis

Despite all the efforts to paint COP28's final text as a success, the result of the conference is a vague and non-binding agreement allowing the fossil fuel lobby to continue doing business as usual. All that while frontline communities stand at risk due to the climate crisis.

Southeast Asia Prefers Renewables, But Misplaced Fears of High Costs Delay Adoption

Southeast Asia has immense clean energy potential, and experts estimate that capitalising on it will unlock massive gains. With renewables being the cheapest source of new power in countries comprising two-thirds of the global population and responsible for 90% of electricity generation, switching to renewables will help Southeast Asian countries ease the burden of fossil fuel subsidies on their economies.

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