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Issue 59: Geo Energy shows coal not so stranded; transition bonds’ missing standards

Kenneth Lim
Published Fri, Jul 28, 2023 · 07:00 PM
    • Coal consumption in major Asian countries is expected to increase in the coming years, more than erasing declines in the rest of the world.
    • Coal consumption in major Asian countries is expected to increase in the coming years, more than erasing declines in the rest of the world. ILLUSTRATION: KENNETH LIM

    In this issue: Geo Energy pays a premium for coal mining assets, while Barclays’ sustainable finance head wants better clarity on transition finance standards

    Singapore

    Coal play still a big deal

    The idea that coal assets will become stranded – and businesses should therefore stop investing in them – hasn’t really materialised in Asia.

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