News
Vietnam gets foreign financial backing for decarbonization effort
Three financial institutions in Japan, the United States and Australia have announced that they will support Vietnam’s decarbonization effort. The institutions, backed by the governments of the countries mentioned above, would help Vietnam transition into liquefied natural gas plants and step up renewable energy utilization and ...
The Saigon Times
Ambitious steps to go carbon neutral
To the surprise of many, Thailand announced at the recent COP26 climate summit in Glasgow that it would increase its long-term ambition on climate action — pledging to reach carbon neutrality by 2050 and to achieve an economy with net-zero GHG emissions by or before ...
PETER DU PONT
COP26 deforestation-ending commitment must hold leaders accountable (commentary)
It is a commendable goal to end and reverse deforestation within a decade, one which if met would protect both people and the planet, but this is a crisis now. The Amazon is hurtling towards a “tipping point” beyond which it may be lost. In ...
Steve Trent
Vietnam targeting carbon emission neutrality by 2050, minister says
Vietnam is targeting carbon emission neutrality by 2050, the country’s industry and trade minister said on Monday, joining scores of countries that have pledged to halt emissions by mid-century or thereabouts in order to stop global warming. Nguyen Hong Dien, speaking at a roundtable on the ...
Editing by Martin Petty and Sanjeev Miglani
PM to present net-zero goal at COP26
Prime Minister Gen Prayut Chan-o-cha will attend the 26th UN Climate Change Conference (COP26) in the United Kingdom next week where he will formally announce Thailand’s new pledge to achieve carbon neutrality by 2065. Natural Resources and Environment Minister Varawut Silpa-archa said Thailand’s delegates to the ...
PRATCH RUJIVANAROM
Finance firms plan to close coal plants in Asia
Some of the world’s biggest financial institutions are working on a plan to speed the closure of coal-fired power plants in Asia, the BBC has been told. The initiative was developed by UK insurer Prudential, is being driven by the Asian Development Bank (ADB), and includes ...