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Issue 174: Asian utilities ill-prepared for climate risk; compliance sparks demand for carbon credits

This week in ESG: MSCI, Asia Investor Group on Climate Change analyse power sector’s exposure to climate damage; carbon exchange Climate Impact X launches Corsia contract

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Kenneth Lim

Kenneth Lim

Published Fri, Dec 5, 2025 · 07:00 PM
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    • Key Asian utilities mostly meet only some or fail expectations in addressing climate risk, says a new report.
    • Key Asian utilities mostly meet only some or fail expectations in addressing climate risk, says a new report. ILLUSTRATION: KENNETH LIM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Climate action

    Asian utilities slow to confront climate risk

    Asia might need to grow up when it comes to protecting its power sector against climate-related loss and damage, a new report suggests.

    Eleven major power-sector players in Asia are currently losing US$6.3 billion a year to climate-related asset damages and business disruptions, says report authors MSCI and the Asia Investor Group on Climate Change (AIGCC). The annual cost could climb 33 per cent to US$8.4 billion by 2050.

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