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Climate change
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  • ‘Modest adjustments’ to plans for use of electric arc furnaces (EAFs) versus coal-fired furnaces would pay off, Global Energy Monitor says
  • As of January, EAFs account for 14 per cent of China’s steelmaking capacity, according to report

Companies in Asia-Pacific will need education, cooperation with suppliers and exchanges of best practices to meet tightening climate-disclosure requirements, says Alexander Bassen of the Greenhouse Gas Protocol’s Independent Standards Board.

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Groundwater, relied on by over one-third of the city’s 13 million residents, is running desperately low – resulting in sky-high costs for water and a quickly dwindling supply.

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More than 200 greentech companies currently operate in the city, of which some are equipped with ‘globally competitive’ technologies and are making inroads into the mainland Chinese and overseas markets.

More frequent and intense global heatwaves will disrupt supply chains and trigger domino effect of GDP loss among major economies, new study says.

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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.

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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.

The world’s third-largest coal miner, after China and India, undercounts methane emissions from production of the fuel, jeopardising the nation’s international climate commitments.

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Most of the missing are thought to have been swept away in vehicles on flooded bridges, with officials saying that despite warnings ‘we see behaviour that is dangerous’.

The high seas pocket in the centre of the South China Sea would be good for setting up a marine protected area but could be difficult due to territorial claims.

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Despite the energy firm saying it holds the necessary permits, conservationists say some indigenous groups living in the area have no idea of the wind project.

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John Kerry and Xie Zhenhua reached a bilateral agreement in November that helped catalyse the “Dubai consensus” between nearly 200 countries to transition away from fossil fuels.

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‘Southeast Asia is where Australia’s future lies,’ Australian PM Anthony Albanese said on Tuesday as he announced the fund to focus on clean energy and infrastructure and provide loans, guarantees, equity and insurance.

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China’s global dominance in the production of three key energy transition products – electric vehicles, batteries and solar panels – will face more challenges this year from industry overcapacity, price wars and trade barriers, French bank Natixis says.

Some 19 per cent of the roughly 1,100 fish species in Southeast Asia’s longest river are heading towards extinction, according to a report compiled by the WWF and 25 global marine and wildlife conservation groups.