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Nine new renewable energy projects totaling Rp 51 trillion have faced financing dry up as international lender’s unwillingness to meet government local content requirements (LCR), state-owned electricity firm PLN said on 26.

Due to the persistently high electricity rates in Thailand, people are increasingly turning to solar power. This year, a total of 1,878 applications were successfully submitted for the "Residential Solar Project", marking a new record since the project's

Experts generally agree that Vietnam leads other ASEAN countries regarding total installed capacity and project development in renewable energy. However, there are concerns about insufficient localization.

The latest report from Philippine Congress think tank indicates that the Philippines has relatively lower carbon emissions, suggesting that imposing a carbon tax may not be necessary.

The issue of Carbon Capture and Storage (CCS) was debated by Gibran Rakabuming Raka and Mahfud MD during the vice presidential debate last Friday. This unexpected topic of question has become widely discussed.

Singaporean financial service group Oversea-Chinese Banking Corp. (OCBC) has partnered with Japan’s investment firm Mercuria Holdings to create a fund of up to $500 million to finance decarbonization-related businesses in Southeast Asia.

Vietnam has received more than 41 million U.S. dollars from selling forest carbon credits as part of an emission reduction deal with the World Bank. The money is transferred to localities to pay locals and communities to protect forests.

Vietnam aims to achieve net-zero by 2050 and requires the construction industry to reduce 74.3 million tons of CO2 equivalent. However, officials from MONRE stated no building in Vietnam has been designed, constructed, or managed to meet net-zero.

Indonesian President Joko Widodo launched the eco-friendly public transportation project on Dec. 21 in the new capital of Nusantara (IKN), East Kalimantan, in collaboration with Blue Bird, the largest taxi service company in the country.

Malaysia’s Kuala Lumpur Convention Centre (KLCC) converted 23,950 kg of food waste into compost from January to December this year, utilizing its composting facility established in 2022.