News

Japanese heavy industry firm Kanadevia announced a partnership with Taiwan’s Liang Lian Industries to jointly construct spherical liquefied CO2 storage tanks on July 22. The collaboration targets carbon storage projects in Southeast Asia.

UK potatoes, South Korean cabbage and west African cocoa are just some of the foods that became markedly more expensive after extreme weather events in recent years, according to new research.

Indonesia’s official carbon exchange platform, IDX Carbon, has recorded nearly 1.6 million tons of carbon traded since its launch, with 90% of buyers coming from the domestic market.

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.

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).

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.

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.

Bank financing for the fossil fuel sector rose by $162.5 billion in 2024, more than 20% compared to 2023, according to a Rainforest Action Network report.

On June 30, more than 100 companies and investors issued a joint statement urging the European Union to maintain its strong sustainability regulations.