coal phaseout
Vietnam plans coal phase-out amidst growing energy sector
Vietnam plans coal phase-out amidst growing energy sector
Strategic shift towards renewables and LNG amidst environmental concerns.
MAS launches consultation for coal phase-out criteria
Amongst criteria listed is that CFPPs must be phased out by 2040.
ASEAN steps towards energy transition by prioritizing coal phase-out
The updated ASEAN Taxonomy calls for a significant regional shift to cleaner energy that benefits the future, but comes with daunting challenges.
G7 calls for faster fossil fuel phase-out, but sets no deadline
The G7’s push for faster decarbonisation includes ending subsidies for coal power, and supporting cleaner energy technologies.
Southeast Asia at the forefront of coal phase-out in power plants
Amidst the challenges of eliminating coal in the region’s energy mix, ASEAN Taxonomy Board paves way for sustainable financing for phase-out.
Analysts find loopholes in Korean Re’s move to halt coal reinsurance
The company announced it will stop providing reinsurance to new coal mining or power plants.
Global coal generation seen to rapidly decline over the decade
Asia is the only region that will post growth in coal generation.
Singapore to phase out unabated coal power by 2050
SG's membership in the PPCA reflects its efforts to phase out unabated coal.
ADB scheme has potential to accelerate SEA green energy transition: Fitch
The scheme targets Indonesia, the Philippines, and Vietnam for its initial phase.
Bank of the Philippine Islands to cease coal financing by 2033
BPI aims to stop lending 45% of coal-fired powered projects.
Philippines’ renewable energy for takeoff as coal faces termination
Almost 1,500 MW of wind and solar are now in operation, along with 655 MW of solar that secured financing.
China isolatedly supports 56% of coal power development overseas
China looked increasingly isolated as other nations and financial institutions continue to withdraw from coal.
Five Asian countries have more than 600 coal projects in the pipeline
This puts the Paris Agreement carbon target at risk.
Philippines to phase out coal in Mindanao
The government is planning to convert most of the region’s energy into hydropower.
Zero emission commitments chokes out coal industry in NSW: report
2041 may see the last coal job in NSW sputter out.
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