News
Energy, Transport & Building
November 22, 2024
Prabowo commits to phasing out all coal plants in Indonesia within 15 years
At the recent G20 summit, Indonesian President Prabowo Subianto boldly declared plans to phase out fossil fuels entirely within 15 years and to bring forward the country's net-zero target by 10 years.
November 22, 2024Will China assume more responsibility for global climate finance?
As the New Collective Quantified Goal on climate finance approaches at COP29, China’s stance is drawing significant attention.
November 21, 2024India, donor countries give up on Just Energy Transition Partnership: German official
India and a group of countries including the U.S. and Germany will not agree on a so-called Just Energy Transition Partnership (JETP), a key international deal that was meant to promote the South Asian nation’s climate-friendly transition.
November 20, 2024Could the end of UK coal inspire a faster global phase-out?
The UK’s milestone offers hope, but the global energy transition will need more support for developing countries and attention to social impacts.
November 19, 2024Thailand's sluggish car market still attracts Chinese investment
Thailand's weak automotive market may hinder the development of electric vehicles (EVs). After revising its car production targets for the year, the Federation of Thai Industries (FTI) has also lowered its forecast for new EV registrations.
November 19, 2024Nuclear plant operator rejects ideas to restart Germany’s reactors on economical grounds
Restarting Germany’s decommissioned nuclear power plants is not a viable option, former plant operator E.ON has said. The company insisted that plans to fully dismantle all plants remain unchanged.
November 18, 2024COP29: Baku summit makes early breakthrough on global carbon market standards
On the opening day of the United Nations Climate Summit (COP29), a major breakthrough was achieved in global carbon market negotiations. Member countries endorse a United Nations-backed carbon credit trading mechanism.
November 14, 2024Sarawak to establish climate change center to foster green economy, carbon trading
Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.
November 14, 2024COP29: Six key reasons why international climate finance is a ‘wild west’
Developed nations have committed to providing billions of dollars of “climate finance” to developing countries. At the COP29 climate summit, nations must decide on a new global goal to replace the existing target of $100bn each year.
November 12, 2024Who wants what at the COP29 climate change summit?
Nations are gathering in Baku, Azerbaijan, for the latest round of UN climate talks, where they will be tasked with setting a target for channelling climate finance into developing countries.