China accounted for two-thirds of the coal-burning power capacity that came online last year, according to Global Energy Monitor, which ‘starkly contrasts with the global trend, putting China’s 2025 climate targets at risk’.

An anti-subsidies investigation into Chinese wind turbine manufacturers by the EU could saddle the bloc’s renewable project developers with high costs and slow down their decarbonisation efforts, analysts say. The impact on Chinese firms could be limited.

New rules are emerging around use of government vehicles, resource use, unauthorised office printing and bottled water in a push to showcase austerity.

The Chinese stock market is poised to see the emergence of shareholder resolutions on ESG issues next year, as incoming corporate governance reforms start allowing many more minority owners to present proposals for voting, a stewardship expert says.

China wants to ditch old equipment and products for new ones to boost its economy, and this campaign can help its green-transformation drive, if done right, climate experts and green enterprises say.

CellX started life as a cultivated meat producer, but is now diversifying its product range to include fermentation, paving the way for a faster market launch

The meeting underscores Huawei’s long-standing ties with PetroChina in projects that have helped modernise its operations in the energy industry.

The world is just beginning to see the worst impacts of climate change, and world leaders must put aside their distrust and geopolitical tensions to deliver on their decarbonisation commitments, one of the world’s top climate scientists has said.

The nation’s largest oil and gas producer says it is on track to peak carbon emissions next year and double the contribution of low-carbon energy to its output capacity over two years, top leaders say.

Reaching 160km/h (99mph) in a trial run, China’s new hydrogen-powered train is touted as a cleaner transport option as the nation strives to peak emissions by 2030.

With the world facing a US$4 trillion green investment gap a year, transition finance will grow in importance because of regulatory support in Asia, experts say.

China’s 2025 decarbonisation goals are in danger of veering off track after policymakers redefined a key energy target that could drive emissions higher, climate experts warn.

‘Modest adjustments’ to plans for use of electric arc furnaces versus coal-fired furnaces would accelerate emissions cuts, US think tank Global Energy Monitor says.

Confidence is eroding, as the percentage of executives predicting net zero by 2060 instead of 2050 rises to 62 per cent from 54 per cent a year ago.

The government should further open the local environment-protection market to attract investment from Greater Bay Area companies, says a vice-president at the Hong Kong-listed company.

The number of sustainability funds has tripled since the world’s largest emitter of greenhouse gases pledged to peak emissions by 2030 and reach carbon neutrality by 2060, with local asset managers seizing opportunities arising from the green transition, Morningstar says.

CLP will source more nuclear energy from China’s Guangdong province to feed its power grid and sees business opportunities in decarbonisation as it phases out coal-based assets.

Such guidance will make it ‘a lot easier for banks to figure out what to do and what not to do’, expert says at Climate Business Forum, although profusion of guidance may cause confusion in the short term.

Hong Kong launched a week-long series of sustainability-themed discussions, exhibitions and events as the city pushes its plan to transform itself into a centre for both green technology and green finance solutions.

The battery industry is in the middle or late stage of a market clearing and is expected to break even and turn profitable next year, according to Sealand Securities.

The industry’s battle with overcapacity may be drawing to a close after years of bruising price wars and rapid capacity build-up plunged half the players into the red and forced many out of business, analysts say.

China is at risk of missing its climate targets and suffering major economic losses unless it takes decisive actions to put a halt to runaway coal power plant expansion and reform outdated power grid management, says Centre for Research on Energy and Clean Air.

Factory findings by health authorities around China have now shed light on the lesser-known health impact of the rapidly developing industry.

Booming solar, wind farms in Gobi can upend the AI race between China and the US, industrial expert says.

Under the EU Carbon Border Adjustment Mechanism a tax of 6 per cent will be levied on steel in 2026, which will rise to as much as 21 per cent in 2034, Goldman estimates. It is part of the EU’s plan to level the field for domestic producers.

China lacks both an adequate supply and a pipeline of finance professionals with expertise in environmental, social and governance issues, organisation says.

Mainland China’s three main stock markets have released their first guidelines for listed companies to disclose their sustainability-related information, a landmark in the country’s progress towards achieving a sustainable economy and embracing the global environmental, social and governance (ESG) boom.