News

Thailand is preparing to introduce the Climate Change Act. Assistant Minister of the Ministry of Natural Resources and Environment, Rachata Phisitbanakorn, mentioned in a seminar this month that the law may come into effect this year.

Southeast Asia’s beaches have long captivated tourist’ attention, yet few have recognized another potential of its vast coastline: the ability of its rich marine life to reach carbon neutrality.

From coal, nickel, palm oil to rainforests, Indonesia’s riches matter to the rest of the world, as does its presidential election.

The Bezos Earth Fund, a philanthropy funded by Jeff Bezos in 2020 with a commitment of $10 billion to tackle climate change, announced on Jan 10 that a $1 million ideation prize to generate creative ideas and solutions to remove greenhouse gas emissions.

Malaysia’s Minister for Natural Resources and Environmental Sustainability, Nik Nazmi, is taking measures to tackle climate change by proposing a substantial shift in energy subsidies and promoting sustainable practices.

Indonesia’s Public Works and Public Housing (PUPR) Minister, Basuki Hadimuljono, said that the government's efforts to construct more dams and retention basins serve as concrete actions to address the threats of climate change.

Malaysia is actively contemplating about the implementation of request for information (RFI) mechanisms for coal carbon reduction and potential early coal phase-out, said Nik Nazmi at COP28.

Taiwan’s TSMC and Pegatron have seen noticeable progress on supply chain decarbonization among 11 electronics suppliers with operations in East Asia, according to the latest report assessing decarbonization efforts by Greenpeace East Asia.

Singapore is implementing the “30 by 30” initiative to reduce reliance on imports and ensure food security amidst climate change.

Amid escalating climate change, financial institutions are playing a key role in driving Thailand industries towards a greener economy.