News

As the United Nations Climate Summit (COP29) enters its second week, what are the latest climate actions and policies from ASEAN countries worth noting?

Singapore’s sustainable finance taxonomy is aligned with those of the EU and China after it was launched at the end of last year. This alignment will serve as a framework for investors to assess green economic activities across these three regions.

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.

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.

First week of Baku talks marked by low turnout of leaders, Argentina’s withdrawal, and a gulf between blocs’ demands on a new finance goal.

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.

The energy transition is driving demand for minerals in the Philippines, putting Indigenous peoples’ legal protections at risk.

Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.

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.

The United Nations Climate Summit (COP29) is currently in full swing, with ASEAN member states, consisting of developing countries, actively participating.