Eco-Business

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The projected outlay would include buying out power supply agreements based on the annual generation of the country’s 58 existing coal units, but does not include the expense of replacing them with clean energy.

Asian People's Movement on Debt and Development protesting against coal financing in Japan

Despite major Asian banks, namely in Singapore and Japan, announcing coal exclusions in recent years, growing captive coal power in Indonesia and lax restrictions on corporate finance to developers offer new coal financing “havens”, a study finds.

Natural gas is not a clean bridging fuel to renewables, and plenty of failed investments attest to the many risks that come with gas projects.

What can generative AI do for sustainability? Who in the sector are paid most? Stories that attempted to answer these questions captured the attention of Eco-Business readers in 2023.

By Gabrielle See

By Raja Aiman

By Liang Lei

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It could be more effective as a strategy, as compared to divestment. Southeast Asia is already feeling the effects of climate change and needs strategic and effective action by investors. By Mark Konyn

In Asian universities, students often have little say about what happens on campus. As student divestment groups in the region gain momentum, it’s time for universities to listen to what their students have to say about issues that will affect their future. By Sonia Sambhi

Despite the increasing urgency of the climate crisis, many of the world’s most powerful financial actors have continued to invest in the fossil-fuel industry. But a new trend in the law is forcing institutional investors to decarbonise their portfolios – or be held legally accountable. By Bevis Longstreth and Connor Chung

Bangui Wind Farm in Bangui, Ilocos Norte, Philippines

With the urgency of the climate crisis becoming clearer by the day, governments and multilateral lenders must end public financing for fossil fuels and increase their support for renewables as soon as possible. This year's United Nations climate-change conference offers the perfect opportunity to lock in such commitments. By Werner Hoyer and John Murton

By Pius Ginting and Ho Xiang Tian

Policy & Finance

Show your stripes

By Arabesque

By Nora Sausmikat and Katrin Ganswindt

By Nancy Birdsall and Brian Webster

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Pension funds are some of the world's largest investors—holding trillions in assets—billions of which are pumped into fossil fuel companies like Shell, BP, and Total.

In the video, environmental law group ClientEarth compares the oil and gas giant's advertisements on its low-carbon investments to a burger chain claiming that they’re vegan because they’ve got salad on the menu.

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The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.

Exclusive The world's largest asset manager says it has put sustainability at the core of its investment approach. Eco-Business speaks to Shinbo Won, BlackRock's investment stewardship director in Singapore about what this means for investors, and how companies are responding to increased ESG pressure.

People using ATM machines in Singapore. Image: Robin Hicks/Eco-Business

Fossil fuels, tobacco, weapons—our banks could be spending our money on things we don't want them to. Eco-Business talks to finance expert Mayur Singh about why consumers in Asia should asking banks how they spend their money.

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