Philippines

South East Asia is woefully off track on green financial investments to minimize emissions and needs brand-new policies and financial systems to help bridge the gap, the worldwide consultancy Bain & & Business said on Monday. With energy usage in the area anticipated to grow 40%. this decade, climate-warming co2 emissions stay on. the rise, with the area still dependent on nonrenewable fuel sources, stated. an annual report put together by Bain, green financial investment group. GenZero, Standard Chartered Bank and Temasek. While green investment grew 20% last year, it is way brief. of the $1.5 trillion required this decade,...

Yemen's Houthis said on Tuesday they could only reconsider their rocket and drone attacks on international shipping in the Red Sea as soon as Israel ends its hostility in the Gaza Strip. Asked if they would stop the attacks if a ceasefire deal is reached, Houthi representative Mohammed Abdulsalam informed the scenario would be reassessed if the siege of Gaza ended and humanitarian aid was complimentary to go into. There will be no halt to any operations that help Palestinian individuals other than when the Israeli aggression on Gaza and the siege stop, he stated, ahead of new reports of...

Analysts warn that Vietnam's large surplus in trade with the United States could reignite tensions if Donald Trump were to win a second term as president. This is because exports of solar cells and other sensitive electrical products are booming. The Super Tuesday results confirmed that the November U.S. election will pit incumbent Joe Biden up against Donald Trump, who was more lenient towards trade imbalances in his first term as president than Biden. Data from the United States show that the Southeast Asian manufacturing hub had a trade surplus of $104 billion with Washington last year. This was only...

Qatar's scheduled growth of liquefied gas (LNG) production could see it control almost 25% share of the worldwide market by 2030 and squeeze out competing projects including in the United States where President Biden stopped briefly new export approvals, market professionals state. Qatar, one of the world's top LNG exporters, plans an 85%. expansion in LNG output from its North Field's current 77. million metric heaps annually (mtpa) to 142 mtpa by 2030, from. previously anticipated 126 mtpa. Some market experts said that the relocation will have an impact. on global jobs in the United States, East Africa, and. elsewhere...

Yemen's Houthis said on Tuesday they could only reevaluate their missile and drone attacks on international shipping in the Red Sea when Israel ends its aggressiveness in the Gaza Strip. If they would stop the attacks if a ceasefire deal is, asked reached, Houthi spokesman Mohammed Abdulsalam told the situation would be reassessed if the siege of Gaza ended and humanitarian aid was totally free to go into. There will be no halt to any operations that assist When the Israeli hostility on Gaza, palestinian people except and the siege stop, he stated. Shipping risks have actually intensified due to...

South East Asia is woefully off track on green investments to reduce emissions and requires financial mechanisms and brand-new policies to assist bridge the gap, the international consultancy Bain & & Company said on Monday. With energy intake in the area anticipated to grow 40%. this decade, climate-warming carbon dioxide emissions stay on. the rise, with the region still depending on nonrenewable fuel sources, said. an annual report assembled by Bain, green financial investment group. GenZero and Standard Chartered Bank. While green investment grew 20% in 2015, it is way short. of the $1.5 trillion needed this decade, and emissions...

Extreme temperature levels throughout Asia last month were worsened and more likely as a result of humandriven environment change, a group of global scientists said on Wednesday. Billions of people throughout the continent were affected by record-breaking temperature levels throughout April, with schools forced to shut down, crops damaged and numerous people eliminated by heat-related health problems, climate professionals from the World Weather condition Attribution group said in a report. Myanmar, Laos and Vietnam experienced their hottest April days on record, while temperature levels in India reached as high as 46 degrees Celsius (114.8 Fahrenheit), they stated. From Gaza to...

Singapore prepares to need all flights departing the country to utilize sustainable air travel fuel (SAF) starting in 2026, its transport minister stated on Monday, as the citystate signs up with the international air travel market's. efforts to switch to greener fuel. SAF, or alternative fuel made from renewable sources that. are utilized to power aircraft, is essential for the air travel sector. to reach its objective of net zero carbon emissions by 2050, but its. adoption remains in a nascent stage. Following is a take a look at other SAF tasks and arrangements in. the Asia-Pacific area. MALAYSIA Malaysia...

Environmental and human rights groups have filed a complaint with a British government mediation body versus Standard Chartered over its funding of four coalfired power plants in the Philippines, the groups told on Thursday. The Philippine Movement for Climate Justice, Inclusive Advancement International (IDI), Option and BankTrack implicate Requirement Chartered of breaching the rights of regional communities by funding the operations and are asking it to assist compensate those impacted and strengthen its related policies. Local neighborhoods have suffered forced expulsions, loss of livelihoods, air- and water pollution-related respiratory and skin diseases, and intimidation and violence, that could have been...