By Edmund Siau, Anshari Rahman, Ali Izadi-Najafabadi, Leonard Quong, Caroline Chua, Sahaj Sood Asia Pacific is central to global energy sector decarbonisation and the world’s transition to net zero. The region saw energy-related emissions grow 151% between 2000 and 2023, driven by strong economic development, population growth and industrialisation. However, emissions will need to peak…
By Frederick Teo, Puar Si Liang, Tim Gould and Luca Lo Re Innovative technologies like low-emissions hydrogen, sustainable aviation fuels (SAF), and direct air capture and storage (DACS) hold immense potential to decarbonise hard-to-abate sectors. However, to realise the IEA Net Zero Emissions by 2050 (NZE) and limit global warming to 1.5° C, these technologies…
By Kimberly Tan, Dale Hardcastle, Yukiko Tsukamoto, Berakah Hyunbin Lee, Tracy Wong Harris, Justin Ma, Kyung-Ah Park Southeast Asia is confronted with a reality gap between its Net Zero ambitions and true progress in its energy and green transition. The region grapples with structural constraints, including the dual challenge of balancing economic growth and energy…
By Edmund Siau, Anshari Rahman Carbon pricing is an essential tool to accelerate climate action. Net-zero pledges now cover 88% of global greenhouse gas (GHG) emissions. However, the world remains off-track from pathways that limit global warming to 1.5 °C. This gap needs to be bridged by effective policies and measures. In this context, carbon…
By Sim Ting, Adrian Ang and Tay Yong Seng The world is not on track to maintain global warming at 1.5 oC above pre-industrial levels. Climate finance needs to scale by a magnitude of at least five-fold annually, as quickly as possible, to avoid the worst impacts of climate change. As the world strives to…
By Anshari Rahman, Edmund Siau The urgency of climate action is clear, and carbon markets are an efficient way to accelerate decarbonisation. The first Global Stocktake has confirmed that we are not on track for a 1.5°C world. Despite ambitious net-zero pledges covering 88% of global emissions and 92% of global gross domestic product (GDP),…
By Ashley Chan, Rui Huang, Daniel Oehling, Greg Fischer, Ben Sheridan More than $1.5 trillion in private investments went toward climate finance over the past five years. Undoubtedly, private capital plays a key role in contributing to the $150 trillion in investments required to achieve net zero globally by 2050. However, many investors are unclear…
By Frederick Teo, Dale Hardcastle, Are Kaspersen, Nunchanok Mekmasin, Genevieve Ding, and Krishnan Narayanan Southeast Asia has a critical role to play in global climate as regional leaders seek to balance the competing tensions of economic growth, rising primary energy demand, a just transition, and climate action at scale. While regional attention and commitments are…
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