Asian Development Bank accused of financing coal
25/04/2024
Environmental organizations accuse the Asian Development Bank (ADB) of indirectly financing coal-fired power plant projects in Indonesia, despite its pledge not to support fossil fuels.
Environmental organizations accuse the Asian Development Bank (ADB) of indirectly financing coal-fired power plant projects in Indonesia, despite its pledge not to support fossil fuels.
Indonesia is increasing its coal production quota by almost 30% for 2024, aiming to boost exports despite a sluggish market.
A report by London-based think-tank Ember reveals a critical underestimation of methane emissions from the Indonesian coal industry.
The European Union launches an anti-dumping investigation into biodiesel imports from China, following allegations of a negative impact on domestic production.
Mubadala Energy of the United Arab Emirates announces a significant deepwater gas discovery in Indonesia’s South Andaman Block, a major step forward for Southeast Asia’s energy security.
Masdar and PLN are moving forward with the development of Southeast Asia’s largest floating solar park, aiming to triple its capacity to 500 MW, while exploring the possibilities of green hydrogen.
Scientists from the Global Carbon Project have announced that it is “inevitable” that global warming will exceed the 1.5°C threshold, with a 50% probability within the next seven years, underlining the urgency of taking action.
Indonesia, represented by President Joko Widodo, plans to defend concrete commitments to climate financing and an inclusive energy transition at COP28 in Dubai.
Seven countries, including the USA and the Czech Republic, commit to eliminating coal-fired power generation by 2030, marking a decisive turning point in the fight against climate change.
Al Gore raises major concerns about UAE greenhouse gas emissions at COP28, denouncing the impact of Adnoc.
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