Search Results for 'Indonesia'
Angola’s oil dependency thwarts its exit from the group of poorest nations
Graduation from the UN group of least developed countries is usually seen as a win, but Angola deferred the move after oil exports plummeted during the pandemic
Exclusive: Japan uses ‘environmental’ fund to finance Vietnamese coal plant
The Japan Bank for International Cooperation approved a loan to the controversial Vung Ang 2 coal project from a facility intended for “environmental preservation”
Green growth champion: Focus on jobs helps poorer nations raise climate ambition
The Global Green Growth Institute is working with governments including Colombia, Peru and Indonesia on “green new deal” plans
Majority of countries miss Paris Agreement deadline to increase climate ambition
The EU, the UK and Argentina were the only large emitters to present tougher climate targets by the UN’s 2020 deadline, with China and the US lagging
Malaysian bank to phase out coal finance, in a victory for campaigners
CIMB has been hailed as the first major bank in an emerging market to publish a coal exit strategy, after investing $2.6 billion in the sector last decade
Coal, oil and gas production to blow climate targets despite pandemic dip, report warns
UN-backed Production Gap report projects a 2% annual rise in global fossil fuel output this decade, when 6% cuts are needed in line with a 1.5C warming limit
In Java, a Japanese-financed coal plant threatens our health and livelihoods
The Indramayu coal plant will dirty our air, destroy our livelihoods and worsen the climate crisis. Japan must stop financing it immediately
Biden promised to expose ‘climate outlaws’. Here’s who could make his list
The US president-elect promises to usher in a more confrontational era of climate diplomacy, putting a spotlight on major emitters slow-walking climate action
South Korea formally commits to cutting emissions to net zero by 2050
President Moon Jae-in’s announcement follows a three-day visit by Cop26 president-designate Alok Sharma to South Korea
Who will build the world’s last coal plant?
Banks, companies and governments are axing support for coal, driven by climate concerns and competition from renewables, but hundreds of plants are still in planning
World Bank branch indirectly backs coal megaproject despite green pledge
International Finance Corporation piloted its green equity policy with an Indonesian bank, which went on to fund a 2,000 MW coal complex
Campaigners confront IMF chief over green recovery contradictions
Analysis shows IMF advice to countries accessing Covid-19 emergency funds fails to systematically address climate risks and implicitly endorses fossil fuel subsidies
A Biden victory could spur global climate action, but the US has much to prove
If elected US president, Biden must balance domestic and international pressures to set a 2030 emissions target on a tight deadline, with a view to inspiring others
South Korea pursues Vietnamese coal plant, drawing international criticism
A decision by state-owned utility Kepco to invest in Vung Ang 2 coal power station goes against the government’s “green new deal” rhetoric
To reach net zero emissions mid-century, start today
Since China’s carbon neutrality pledge, more than a third of global emissions are covered by net zero targets. That ambition must be backed up by near term plans
France seeks German collaboration on hydrogen in EU green recovery
The EU’s biggest economies are investing billions of euros in building clean hydrogen fuel capacity to decarbonise heavy industry and transport
Japan blocks green reform of major energy investment treaty
The European Union is seeking to amend the Energy Charter Treaty to align with climate goals, but Japan is resisting change as negotiations resume
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Bangladesh considers scrapping 90% of its coal power pipeline
The energy minister has signalled a major pivot away from Chinese-funded coal plants in Bangladesh, but this is not yet government policy
No time for loopholes: Japan must immediately end all overseas coal finance
Environment minister Shinjiro Koizumi promised to scrap funds for dirty power plants abroad, but the government is making too many exceptions