Climate financing

East Asia and South-east Asia are key regions with large pipelines of potential coal phase-out projects, a study finds.
ESG INSIGHTS

Issue 173: Coal confronts imperfect pathways; COP30 leaves world wanting more

This week in ESG: Coal Transition Commission tackles scaling solutions; COP30 wraps up with adaptation target

Reframing climate action as prosperity agenda could  broaden fiscal support, mobilise industry incentives and transform climate spending into long-term investment for resilience and economic revival.

Asia’s path to climate leadership is clear – now the capital must align

For the region to move from passenger to pioneer, it must fix the mismatch between local ambition and global finance

The Net Zero Challenge 2025 awarded 20 billion dong (S$991,730) in catalytic grants and investment prizes to three projects focused on renewable energy, sustainable agriculture, and circular economy solutions.

Touchstone Partners launches US$10 million green fund, tapping Net Zero Challenge to attract global startups to Vietnam

Annual startup competition, co-organised with Temasek Foundation, has attracted more than 1,600 applications over the past three years

Regulatory bodies, industry groups or regional coalitions may now have to step up to get more banks to adopt NZBA’s net-zero guidance, so that the region continues to have comprehensive standards, say observers.

Regulators, industry groups may need to fill gap left by closure of climate banking alliance, say observers

In the absence of separate scrutiny, the onus also falls on banks themselves to be transparent

Developed countries committed US$26 billion of adaptation finance for developing nations in 2023, says Unep.
ESG INSIGHTS

Issue 171: COP30 turns spotlight on adaptation; MAS pushes forward on transition credits

This week in ESG: Climate negotiators tackle adaptation finance, indicators; industry coalition issues final report on carbon credits for early retirement of coal plants

Measures aimed at helping society prepare better for, and reduce vulnerabilities to, climate impacts are often underinvested. But that could soon change at the UN climate change conference in Belem, Brazil.

COP30: Adopting an outcome on climate adaptation is a start for financing to flow towards Asean

Climate finance and nationally determined contributions will also be on the table at this year’s talks

The COP29 gathering in Baku ended with developed nations agreeing to provide US$300 billion annually in climate finance to poorer countries by 2035, a figure criticised as way below what is needed to meet the challenge.

World has tools to unlock US$1.3 trillion in climate finance: COP30 report

The upcoming gathering aims to turn vague targets into concrete proposals

Ravi Menon, Singapore's ambassador for climate action, says the assumption that adaptation projects do not typically generate a revenue stream should be challenged.

Growing awareness that Asean needs to collectively tackle food and water security, flood risks: Ravi Menon

Singapore can mobilise the necessary financing and bringing together technological solutions and policy frameworks

More than national assets, Indonesia's forests are a global climate stabiliser. They store nearly 80 billion tonnes of carbon and host one-tenth of the world's remaining tropical rainforest biodiversity.
THE BROAD VIEW

Why Indonesia must seize the Tropical Forests Forever Facility

A new fund will debut at COP30 – Brazil is already all in and Indonesia must stop stalling