Beating climate change demands unwavering dedication
Climate Week NYC can build on the strides made at last year’s COP28, but only if governments and companies fulfill their promises
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THIS year’s Climate Week NYC has begun with unusual momentum.
Last year’s COP28 United Nations climate summit in Dubai resulted in unprecedented commitments. Governments agreed to treble renewable-energy capacity and double the increase in energy efficiency worldwide. Half the oil and gas industry pledged to cut methane emissions by three-quarters. The World Bank and the African Development Bank announced that they would cut the number of households without electricity by 40 per cent. But are commitments being turned into action?
In some places, yes – and impressively so. China’s biggest solar companies now contribute more energy to the world economy than the oil industry’s giants.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant