News

The global carbon market under Article 6.4 of the Paris Agreement is facing a funding crunch, raising concerns that part of its budget may be diverted to the Adaptation Fund.

For the first time, ASEAN has set up its own pavilion at a UN climate summit (COP30), signaling the bloc’s growing commitment to climate finance and a just transition.

As Thailand races to become the next data center hub, the government has approved a direct power purchase agreement (DPPA) scheme with a power generation capacity of 2 gigawatts.

Taiwan’s solar sector has faced a difficult year. According to data from the Energy Administration of MOEA, only 738 MW of new solar capacity are installed as of August, putting the industry on track for a record low in annual additions.

Indonesia’s bioenergy sector is seeing a string of positive developments. Japanese automaker Toyota plans to partner with state-owned oil and gas company Pertamina to jointly develop bioethanol in Indonesia, with investment expected to reach up to IDR 2.5

Asia’s data center market is set for continued expansion, with Fitch Solutions’ BMI projecting an annual growth rate of 9.7% through 2028.

At the opening of the COP30 on Nov. 10, parties were expected to submit updated NDCs ahead of the summit. According to the UN, more than half of the 11 ASEAN member states have submitted their 2035 climate targets on time.

A new global fund meant to reward tropical countries for protecting forests could instead drive deforestation and deepen debt in the developing world, civil society groups warn.

The idea of deploying data centers in space is far from science fiction. Google recently announced “Project Suncatcher,” an initiative to deploy constellations of satellites equipped with high-performance processors that can work together in space.

Taiwan’s new rules, which take effect on November 5, mandate that large-scale data centers consuming 5 MW or more obtain approval for their energy-use plans before construction.