New RSPO rules for sustainable palm oil certification raises …
Oct 29, 2024 · Released last week, RSPO’s principles and criteria (P&C) for how palm oil can be sustainably grown include rules for safeguarding vulnerable smallholder farmers, respecting human rights, and avoiding deforestation and peatland degradation. RSPO certifies one-fifth of the world’s palm oil as sustainable and revises its P&C every five years. The P&C was last updated in 2018, when it ...
Chinese solar manufacturers’ continued losses prompt industry …
Dec 11, 2024 · For Chinese solar photovoltaic (PV) manufacturers, things are going from bad to worse. Recently published third quarter reports showed that many of the largest players are posting significant losses as they continue to compete in a vicious price war.
Can China’s BRI bonds spur sustainable development?
Oct 28, 2024 · In June this year, the Bank of China (BOC) issued the first sustainable development bonds for which all funds raised are directed towards countries affiliated with the Belt and Road Initiative (BRI), according to the bank’s website. The bonds totalled US$940 million and were issued simultaneously through BOC branches in Macau, Hungary and Panama, in US dollars and yuan.
Will foreign ownership of renewables lead to energy stability in the ...
Oct 8, 2024 · In November 2022, the Philippines amended its Renewable Energy Law to allow 100 per cent foreign ownership of renewable energy projects. This policy shift came off the heels of a 41 per cent increase in clean energy investment from 2021 to 2022, which contributed to the Philippines being named the fourth most attractive emerging economy for renewable energy investment, according to researcher ...
China’s green certificate growth shows clean energy progress
Oct 18, 2024 · At its third-quarter press conference on 31 July, China’s National Energy Administration (NEA) released a series of statistics on the power sector’s 2024 performance so far. One standout figure was the 486 million Green Electricity Certificates (GECs) issued during the first half of the year – a 13-fold increase compared to the same period last year.
Panel dialogue: Financing Asia’s net zero future — What's on the ...
3 days ago · All eyes were on the COP29 negotiations this year for countries to come to a consensus on the new climate finance target post-2025 to help developing countries implement climate mitigation and adaptation measures and build up to their Paris-aligned ambitions. A total of USD $300 billion a year was...
Q&A: The global ‘trade war’ over China’s booming EV industry
Sep 2, 2024 · NEVs is a Chinese term and includes battery-electric (BEVs), plug-in hybrid vehicles (PHEVs) as well as fuel-cell electric vehicles (FCEVs). According to data from China Customs and industry associations, the vast majority of Chinese NEVs being produced, sold and exported are BEVs and PHEVs.In this article, BEVs and PHEVs are referred together to as “EVs”.
NGOs call for higher taxes on mining firms so Philippines can …
Oct 10, 2024 · Chile’s tax rate will reach up to nearly 47 per cent for companies that produce over 80,000 tonnes of fine copper a year, considered high by the industry, while a tax rate of more than 50 per cent is being studied for Peru’s ongoing tax reform. “ The overall fiscal effect of mining tax policies that the government is pushing is actually a decrease in …
New UN figures reveal huge cost of drought and desertification
Dec 5, 2024 · After a year when extreme heat triggered severe droughts from southern Africa to South America, world leaders are meeting in the desert city of Riyadh in Saudi Arabia this month to thrash out ways of tackling desertification and water scarcity. UN Secretary-General António Guterres has called the summit - the 16th Conference of the Parties to the United Nations Convention to Combat ...
Only one in four of Asia's biggest companies consider nature …
Jan 14, 2025 · Of the most powerful publicly listed companies in Asia Pacific, 72 per cent identify topics such as water, biodiversity and ecosystem protection in their sustainability or annual reports, but only one quarter of this group considers these issues as material to their businesses, according to a study of 700 firms in 14 jurisdictions in the region.