News, reviews, and insights from the climate tech world.
At the COP29 climate summit in Azerbaijan on Tuesday, November 12, the world’s largest multilateral development banks (MDBs) announced a landmark commitment to combat climate change. The institutions pledged to increase climate finance for low- and middle-income countries to $120 billion annually by 2030, a substantial rise from $75 billion in 2023 and $60.9 billion […]
In a decisive step toward addressing the global demand for sustainable practices, the GO ESG 2024 Symposium convened over 300 executives, sustainability professionals, and business leaders in Kuala Lumpur to explore the critical skills needed to meet sustainability targets. Organised by the UN Global Compact Network Malaysia & Brunei (UNGCMYB), the event carried the theme […]
Hong Leong Bank Bhd (HLB) has unveiled its first Sustainable Finance Framework (SFF), setting a bold agenda to mobilize RM20 billion over the next five years in support of environmentally conscious projects. The newly launched framework aims to facilitate Malaysia’s transition to a greener economy by providing financing for initiatives in renewable energy, energy efficiency, […]
A new United Nations report warns that without significant and immediate action to reduce greenhouse gas emissions, global temperatures could rise by as much as 3.1°C (5.6°F) above pre-industrial levels by the end of the century. This projection far exceeds the 1.5°C (2.7°F) target set under the 2015 Paris Agreement, risking severe and widespread climate […]
Southeast Asia must quintuple its clean energy investments by 2035 to meet climate objectives, the International Energy Agency (IEA) warned on Tuesday. The agency’s latest report underscores the urgent need for regional energy investments to reach $190 billion annually—around five times current levels—to align with the Paris Agreement’s climate targets. The IEA’s report highlights that […]
Munich, Germany – Building on regulatory momentum, technological breakthroughs, and Europe’s accelerating commitment to reducing carbon emissions, the European EV Industry Chain Conference (EuEVIC) returns for its second edition on April 23-24, 2025, in Munich. This year’s conference, themed “Empowering Electric Mobility Through Partnerships and Innovation,” is expected to draw over 500 senior industry leaders, […]
In a major step toward advancing green infrastructure in Southeast Asia, Zecon Berhad has signed a tripartite Memorandum of Understanding (MoU) with the Sarawak Digital Economy Corporation Berhad (SDEC) and the Centre for Technology Excellence Sarawak (Centexs). The signing took place during the opening of the International Digital Economy Conference Sarawak 2024 (IDECS). This collaborative […]
Enterprise software provider IFS and professional services giant PwC UK have jointly introduced a new Sustainability Management Module integrated into the IFS Cloud platform, designed to streamline corporate compliance with rigorous sustainability reporting standards, including the EU’s Corporate Sustainability Reporting Directive (CSRD). The announcement comes on the heels of a strategic partnership between IFS and […]
REsurety, a Boston-based company specializing in carbon reduction solutions, has announced the launch of CleanTrade, a marketplace designed to streamline the buying and selling of clean energy assets, including renewable power contracts, virtual power plant agreements, and other sustainable assets. The initiative has been bolstered by a recent $32 million Series C funding round, spearheaded […]
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