COP27 seals climate deal, but no tough action to phase out fossil fuels
An initial four-year work programme has been launched to encourage all nations to cut emissions through various measures.
Energy
Indonesia’s $20 billion climate deal requires eye on debt: Experts
An energy economist says the country needs to ensure the funds were utilised prudently for early coal plant retirement and new investments in renewables.
US, Philippines to negotiate nuclear power tech-sharing pact
Talks on a civil nuclear-energy agreement will aim for deploying advanced reactor technology to help the Philippines meet its power needs.
ADB-backed National Solar Park adds 60MW to Cambodia’s grid
According to its president, solar generation will need to be a key part of Cambodia’s efforts to expand access to affordable power while also transitioning to cleaner energy.
The nuclear option for Philippines
The present circumstances—rising fuel costs and the presidential bid to rehabilitate the Marcosian past—seem to be bringing a critical mass to finally taking the nuclear…
B-20 wraps up with deals on green energy, electric vehicles and more
Indonesia, for its part, has been working to refocus the country’s economy toward the production of value-added goods and clean power.
US, Japan mobilise $20 billion to move Indonesia away from coal
To access the grants and concessional loans, Indonesia has committed to capping emissions at 290 million tonnes by 2030.
India submits its low emission development strategy to UNFCCC
A three-fold increase in nuclear capacity by 2032 is one of the milestones envisaged alongside the overall development of the power sector.
KPMG Singapore launches decarbonisation hub to speed up Asean’s energy transition
Projects that the hub is working on include retiring coal-fired power plants and replacing diesel with renewable energy, among others.
Korea declares road map to become hydrogen industry powerhouse
The government will support businesses with hydrogen technology to enter overseas markets and expand both public and private investments.