While the EU Taxonomy is the "gold standard" for green finance, an equivalent for transition finance is notably absent. Market participants have welcomed the new guide from Singapore's central bank, but whether it emerges as a widely used standard remains to be seen.
COP28 president Sultan Al Jaber has urged governments to agree on global goals to triple renewables capacity and double the rate of energy efficiency improvements by 2030.
The risk of emissions leaking from carbon storage and nature-related projects has held investors back from carbon markets, fuelling an increase in new insurance offerings.
The Just Energy Transition Partnership is not the triumph the current president claims it is. It is a debt trap. The new president should turn their back on a flawed energy transition legacy and adopt a bolder path towards net-zero that leaves no one behind.
By
Firdaus Cahyadi
Wording of the report's summary reflects the presence of political wrangling – net-zero terminology was prioritised over a mention that there is a need to rapidly reduce greenhouse gas emissions. Feasible solutions were downplayed. This could lead less-informed policymakers to conclude that we can 'just magically plant trees and carry on as usual'.
By
Lindsey Fielder Cook
The collapse of Silicon Valley Bank has left the climate tech community reeling. We need more investment in climate innovation, so how do we fill the gap SVB has left?
By
Amali de Alwis
As the sole Asian member of the G7, Japan’s leadership is an opportunity to provide pivotal direction for the supply of climate finance and access to future-proof technology to support the transition efforts that are underway in the region.
By
Jane Ho and
Anjali Viswamohanan
Gaurav Sant, founder of startup SeaChange, tells Eco-Business about a technology he hopes will give the world's oceans the capacity to absorb additional carbon dioxide from the atmosphere.
Dutch start-up Fastned has awarded the power tech firm the contract to provide fast chargers to over 200 stations nationwide, serving most brands of electric vehicles.
Solar, wind, carbon capture, nature-based solutions—what are the technologies needed to combat climate change? Eco-Business asked clean energy entrepreneur Hendrik Tiesinga where the smart money is going.