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Vietnam’s financial industry is gaining momentum in promoting sustainable development. According to the State Bank of Vietnam, a record 33 financial institutions released sustainability reports in 2024—the highest number to date.

Indonesia’s current biofuel strategy relies heavily on expanding oil palm plantations to meet its B40 and upcoming B50 biodiesel mandates, which could cause up to $4.72 billion in environmental and social damage.

Multilateral climate diplomacy looks increasingly defunct. Instead, geopolitics, trade and the power of the state matter more than ever.

After U.S. President Donald Trump announced new tariffs on select imports this April, ASEAN countries swiftly launched negotiations in a bid to cushion the blow.

The standout development in the energy sector at this year’s ASEAN Summit is the progress on multinational power grid collaboration. Representatives have committed to a feasibility study aimed at transporting renewables via subsea cables.

As Southeast Asia races to cement its place as a global digital powerhouse, its data center industry is expanding at breakneck speed. Yet this growth may carry a heavy carbon price tag.

Carbon capture is set to play a key role in decarbonising the cement and concrete industry, says Jan Theulen, Group Lead Carbon Capture, Utilization and Storage (CCUS) at Heidelberg Materials, one of the world's largest cement makers.

Singapore’s ruling People’s Action Party, having secured victory in the general election, officially swore in a new Cabinet on May 23 under the leadership of Prime Minister Lawrence Wong.

The ASEAN Leaders’ Summit kicked off on May 26, with discussions centered on U.S. tariffs, ASEAN expansion. Host country Malaysia is looking to position the ASEAN Power Grid (APG) as one of the summit’s signature achievements.

Swiss direct air capture (DAC) pioneer Climeworks recently announced a major round of layoffs, planning to cut more than 20% of its global workforce. Company executives attributed the move to macroeconomic uncertainty and shifting policy landscapes.

On May 22, the European Parliament voted in favor of proposed amendments to the Carbon Border Adjustment Mechanism (CBAM), originally introduced by the European Commission in February.

Wind turbines are becoming taller and more powerful. But as it puts up these mammoth structures, the wind industry is also starting to think about how to take down the older turbines.