fossil fuel

The Reality of Oil and Gas Industry’s Net-Zero Commitments

There has been an increase in oil and gas firms committing to achieve net zero by 2050. However, with rising CO2 emissions, the current scenario demands immediate action. Experts stress the need to set an interim target with clear timelines.

The Curious Case of SMBC Group – Financing Climate Change Offenders

While SMBC Group has taken some positive steps in terms of its green commitments, it falls way behind global and even local competitors. Unless the financial institution makes a dramatic U-turn, it will bear the consequences of excessive stranded asset and reputational risks.

IPCC Report: Climate Finance for Adaptation Must Increase for Developing Countries

The latest IPCC Working Group II report largely stresses the need to accelerate climate adaptation, eradicate injustice and end the use of fossil fuels. The report, ‘Climate Change 2022: Impacts, Adaptation, and Vulnerability,’ emphasised that coal and other fossil fuels are choking humanity.

Oil and Gas Sector: The Prospects of a Transition Fuel

The oil and gas sector has a critical role to play in the energy transition. They are the most well-positioned to develop and deploy large scale renewable energy infrastructure. Asian financiers, like the ADB and AIIB, have stated that they will support this transition by no longer funding coal and oil projects. Yet, they will continue to fund natural gas, as many see it as a transition fuel while renewable energy capacity increases.

Amazon Deforestation: The Cut The Fashion Industry Doesn’t Want You To See

Leather from the Amazon deforestation doesn’t look good on anyone, and brands have nowhere to hide.

Energy Transition in Oil and Gas Sector: A Dilemma

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?

Fossil Fuel: Rising Concerns On Vanguard’s Investments

NGO raises concerns on Vanguard's fossil fuel exposure

Low Cost Of Capital Key Issue In Green Financing: Ajay Mathur, International Solar Alliance

In an interview with ETA, Ajay Mathur, director-general of the International Solar Alliance (ISA) shares...

G7 Summit: Activists Demand Fair Share Of Climate Finance

G7 climate finance pledge not fulfilling for activists

How Carbon Pricing Can Catapult Energy Transition in Asia

Relevance of carbon pricing for energy transition in Asia

ADB’s Double Standard On Fossil Fuel Investments

ADB withdraws from coal investments but continues to support oil and gas projects

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