net-zero
Indonesia opens domestic carbon market to global investors
INDONESIA’S domestic carbon exchange opened trading to foreign participants as the nation aims to restore its position as a major hub for offsets and attract more investment for local climate action.
Goldman Sachs quits global climate coalition for banks
GOLDMAN Sachs said it has quit a sector coalition aimed at aligning bank lending and investment activities with global efforts to fight climate change, marking the latest high-profile departure of a U...
Indonesia must shut coal plants every year to hit climate goal
INDONESIA needs to shut multiple coal plants a year while also tripling renewables to meet its new president’s ambition of a full phase-out of the fossil fuel by 2040, according to climate consultancy...
Net-zero pledges growing but integrity lacking: study
WHILE more countries, companies and cities are setting net-zero targets, many of their pledges to slash carbon emissions lack integrity, according to a study published on Monday (Sep 23).
Net-zero goals: Talk is cheap if Singapore corporates lack a road map
Businesses need to spell out a clear pathway for cutting carbon emissions
Nuanced approach needed in using carbon credits to offset Scope 3 emissions
CARBON markets have been thrown into disarray, once again.
Mitsubishi, 7 others to form coalition to promote electric natural gas
MITSUBISHI said on Tuesday (Mar 19) it will form an international coalition with seven other firms including TotalEnergies and Tokyo Gas to support development and production of electric natural gas (...
Four major banks quit initiative assessing climate targets: sources
FOUR major banks, including Standard Chartered and HSBC, have quit a United Nations-backed initiative to scrutinise climate targets set by corporations, according to people familiar with the matter.
Australian billionaire Forrest wants leaders to target zero carbon by 2035
AUSTRALIA’S richest person, Andrew Forrest, called for government and business leaders to commit to stop burning fossil fuels by 2035.
World needs US$2.7 trillion annually for net-zero emissions by 2050: Wood Mackenzie
Global investment of US$2.7 trillion a year is needed to achieve net-zero emissions by 2050 and avoid temperatures from rising above 1.5 deg C this century, a report by consultancy Wood Mackenzie said...
