APAC

IRENA asked the G7 countries to lead the market. 

They aim for a central link in the top three bunker regions including China and Singapore.

This forms part of the ADB’s commitment to ensure build capacity of developing countries.

Developments will mostly be located in Mainland China.

It will help resolve the intermittency of renewables.

ACEC’s vision includes clean energy’s accessibility and affordability in the region by 2030.

The six pillars include renewables, and green energy, amongst others.

This $10b more than in the first half of 2022.

Seven countries were able to save about 9% of their fossil fuel costs in the first half.

The coalition will convene the world’s leading clean energy buyers, investors, and developers.

The platform aims to ramp up funding for renewable projects in developing countries.

As the UN climate change summit (COP27) will be held in Sharm el-Sheikh, Egypt in November, politicians, environmentalists, and industrialists from all over the world are full of expectations and doubts about what it may bring.

The Oman Investment Authority is looking into owning 10% of the project.

They will identify co-financing opportunities in both the public and private sectors.

It is expected to rise by 15.3% annually. 

They will focus on the Asia Pacific region and the US.