News
ASEAN
September 19, 2024
Virgin Australia becomes first foreign airline to adopt Pertamina’s SAF
Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.
September 18, 2024Thailand's largest cement producer commits $6.3 billion to green transition
Thailand's largest cement producer, Siam Cement Group (SCG), plans to invest THB 200 billion (about 6.3 billion USD) over the next five years to enhance the competitiveness of its subsidiaries, SCG Chemicals and SCG Cleanergy.
September 18, 2024Singapore companies face 'minimal impact' from carbon tax hike: Survey
Starting this year, Singapore has increased its carbon tax to SGD 25 per ton (about 19 USD) and announced plans for further increases, aiming to encourage companies to accelerate their carbon reduction efforts.
September 16, 2024Subic Freeport aims to achieve carbon neutrality with new green initiatives
The Philippines' Subic Bay Freeport Zone has vowed to become the first carbon-neutral economic zone, launching a series of net-zero initiatives. These plans include creating a net-zero roadmap for buildings, applying carbon capture technology, and more.
September 16, 2024Indonesia’s new government targets $65 bln green fund through carbon credit revenues
Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.
September 13, 2024Singapore to mandate 10% energy cut for large buildings starting 2025
To reduce the carbon emissions of buildings, the Singapore government has implemented mandatory measures. Starting from the third quarter of next year, high-energy-consuming large buildings in Singapore must adopt energy-saving measures.
September 12, 2024CS Wind to build world’s largest wind power factory in Vietnam
South Korean wind power equipment giant CS Wind is expanding its investment in Vietnam, capitalizing on the geographic advantages of Long An Province in the Mekong Delta.
September 11, 2024Google’s four tools to help ASEAN countries address climate change
Technology plays a crucial role in combating climate change, especially with the assistance of artificial intelligence (AI). Digital transformation, supported by AI, is considered key to the sustainable development of ASEAN countries.
September 11, 2024Southeast Asia’s highly anticipated environmental rights declaration ‘watered down’, say critics
From 2012 to 2021, 318 land and environmental defenders were killed across Southeast Asia, representing 18% of the global total. The Philippines ranks as Asia’s most lethal country for such activists, with 281 recorded deaths since 2012.
September 10, 2024Actis invests $602 million for 40% stake in world's largest solar project
To build the world’s largest solar power project, Terra Solar, the Philippines' largest distribution company, Manila Electric Company (Meralco), established a strategic partnership with Actis of the UK on Sept. 6.