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The Coal to Clean Credit Initiative (CCCI), which has support from The Rockefeller Foundation, announced a new collaboration with ACEN Corporation to explore a pilot project in the Philippines that would leverage...
Bloomberg Philanthropies and Goldman Sachs announced that the Climate Innovation and Development Fund (CIDF) has completed allocating its $25 million in philanthropic concessional capital to help advance sustainable low-carbon economic...
US$140 billion investment and mass scale in domestic market drives China’s advantage Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China...
The International Partners Group (IPG), co-led by the United States of America and Japan and comprised of Canada, Denmark, the European Union, the Federal Republic of Germany, the French Republic,...
Japan Petroleum Exploration Co., Ltd. (JAPEX), JGC Holdings Corporation (JGC HD,) and Kawasaki Kisen Kaisha, Ltd. (“K” LINE) (hereinafter referred collectively as the “Japan Consortium (JC)”) have agreed and signed...
Shanghai Electric announced to ink the “Carbon & Digital” Joint Laboratory Strategic Cooperation Agreement with Johnson Controls Inc. (Johnson Controls) during the China International Import Expo (CIIE) 2023, a move...
Indonesian President Joko Widodo inaugurated a new floating solar plant on Cirata reservoir in West Java province. The 192 megawatt peak (MWp) plant is the third largest floating solar plant...
Represents Deutsche Bank’s 4th large-scale transaction in Taiwan’s offshore wind sector Deutsche Bank announced it has completed a bespoke deal-contingent interest rate hedge and a tailored financing for Hai Long,...
Sembcorp Industries (Sembcorp) announced its 2023-2028 strategic plan, reaffirming its commitment to transform its portfolio from brown to green and drive energy transition. In 2021, Sembcorp unveiled its strategic plan...
Indonesia, the world’s largest palm oil producer, will return 200,000 hectares of palm oil plantations found in protected areas to the state to be converted back into forests. This is...
Barclays has announced the appointment of Denise Wong as Head of Sustainable and Impact Banking, Asia Pacific. Based in Hong Kong, Ms. Wong will be responsible for advising corporate and...
Stellantis N.V. and Leapmotor has announced that Stellantis plans to invest €1.5 billion to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder. The deal also outlines the formation...
The Monetary Authority of Singapore (MAS) issued a set of consultation papers proposing guidelines on transition planning by banks, insurers and asset managers to enable the global transition to a...
Bayer introduces agricultural system for direct-seeded rice with potential to reduce greenhouse gas emissions and water use by up to 40 percent Bayer plans to bring direct-seeded rice to one...
Amidst the challenging macroeconomic environment in many countries and concerns around public debt sustainability, progress in financing climate action in Asia and the Pacific has only fallen further behind, even...
PT Bank Rakyat Indonesia (BRI) Persero Tbk. (IDX: BBRI) has issued an IDR 6 trillion Green Bonds for 2023, with three series: 1-year (6.10% coupon rate), 2-year (6.35% coupon rate), and 3-year (6.30%...
The Asian Development Bank (ADB) has approved a $300 million loan to help fund a $665 million project to Catalyse Green Transformation by reducing poverty, cutting carbon emissions and improving...
Hydropower-rich Tajikistan plans to produce 1 million tonnes of green hydrogen by 2040 for usage at home and exports to neighboring Central Asian countries, its Minister of Energy and Water...
The European Union Chamber of Commerce in China has honored Trina Solar with the title of Decarbonisation Leader for its achievements in low-carbon transition and climate change mitigation. The company received the award...
South Korea’s leading chemicals producer LG Chem and Italian energy group Eni Sustainable Mobility jointly announced that they are exploring the possibility to develop and operate a new biorefinery at...
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