National renewable energy policies and domestic political disputes could further delay several of these projects, which overlap with biodiverse marine areas, found the Global Energy Monitor. Energy experts advocate focusing on renewable energy development instead.
Unlocking the full potential of the sustainable ocean economy will require bold investments, policy reform and coordinated action to bridge the growing blue finance gap.
By
Alfredo Giron
Tackling the intertwined crises of debt, climate change and biodiversity loss is essential to restoring growth and stability in developing economies.
By
Vera Songwe and
Moritz Kraemer
Farm labourers returning from overseas can, if empowered, form a pool of experienced talent that Southeast Asia’s vulnerable agricultural sector can tap into for food security.
By
Elyssa Kaur Ludher
Even though the global economy depends on a stable climate and reliable ecosystem services, businesses and financial institutions are not required or incentivised to invest in nature. Central banks and supervisors could change that trajectory simply by fulfilling their financial-stability mandate.
By
Julie McCarthy
In this wide-ranging fireside chat moderated by Eco-Business CEO Jessica Cheam, AIA Group's chief investment officer Dr Mark Konyn asserts there is “no U-turn” among corporates invested for the long term, even as political regimes change amid a new world order.
EB Studio
From sponge cities to coastal forests, Asia is seeking ways to work with nature and prepare for the risks in a warmer-than-expected future. This Eco-Business video looks at what else cities need to do to strengthen climate resilience.
EB Studio
Investors are starting to feel the effects of climate change in an unexpected place – their financial returns. There are now growing calls within the business community to improve the quality and coverage of climate risk disclosure.
Rich nations need to shift investments into renewables instead, they say. The civic space for demonstrations at this year's climate summit, held in Egypt, is more restricted than the Scotland event last year.
The sea-level rise expert has moved to Hong Kong – now seen as a gateway to more collaboration with China on climate science. But he tells the EB Podcast that data from US agencies is still critical for calculating climate defences in Asia.
Andrew Buay, vice president for group corporate sustainability at Singtel, tells the EB Podcast that CSOs should not be precious about losing part of their job as the function evolves.
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.