News

Social and economic activities are closely tied to weather conditions. To strengthen risk management, a growing number of companies are turning to customized weather data to minimize unpredictable impacts.

Following the removal of 239 companies' net-zero commitments by the SBTi last year, an investigation by an online media outlet reveals that only 7% of those companies have obtained SBTi validation for their net-zero targets.

On July 14, the Singapore government announced that three companies, Keppel, PacificLight Power (PLP), and YTL PowerSeraya, have been awarded funding to conduct CCS feasibility studies.

Climate adaptation is essentially long-term disaster prevention, but the real challenge lies in implementation—turning awareness into action, said Environment Minister Peng Chi-ming (彭啓明).

Sarawak Premier Abang Johari Tun Openg is looking to follow in Singapore’s footsteps by transforming state-owned oil and gas company Petros into a sovereign wealth fund that can drive economic diversification and growth.

To encourage local development in the solar power sector, the Thai government plans to support mass production of a homegrown solar inverter developed by a local electrician. The initial production target is set at 100,000 units.

The global research partnership CGIAR recently launched its Asia Digital Hub at WorldFish’s headquarters in Penang, Malaysia. The Hub brings together policymakers, scientists, communities and the private sector to develop and scale digital solutions.

Taiwan launched its carbon fee regime this year, with formal collection scheduled to begin in 2026. As part of the Ministry of Environment’s roadmap, a dual-track mechanism combining a carbon fee and an ETS is set to be piloted next year.

Each year could now be the coolest summer of our lifetime. With global average temperature surpassing the 1.5°C threshold in 2024, extreme weather is expected to grow more frequent and severe.

Despite uncertainties surrounding US tariffs, Vietnam’s renewable energy market remains resilient, attracting attention from developers in Japan and France.