China’s changing fisheries, in numbers | News - Eco-Business
Sep 19, 2024 · China has more fishing vessels than any other nation, with many operating in home waters and overexploiting coastal fishery resources. Ocean warming and acidification due to climate change pose a further threat to China’s nearshore fish populations, including those of the large yellow croaker, sea bream and sandlance.
Australia's Woodside Energy defends climate strategy, cites cost as …
Nov 20, 2024 · Australia’s climate goals have been tempered by the country’s ongoing reliance on fossil fuels. This year, a government announcement that it would ramp up the extraction and use of fossil gas until 2050 and beyond – despite its commitment to a 2050 net zero goal – sparked a fierce backlash ...
Can regenerative agriculture make palm oil sustainable?
Oct 7, 2024 · The palm oil boom that took hold in the late 1980s and 1990s in Malaysia and Indonesia has now replaced vast areas of biodiverse, tropical rainforest and peatland with oil palm monocultures: regimented rows of trees, usually kept bare of other vegetation with chemicals.
Can China’s BRI bonds spur sustainable development?
Oct 28, 2024 · In June this year, the Bank of China (BOC) issued the first sustainable development bonds for which all funds raised are directed towards countries affiliated with the Belt and Road Initiative (BRI), according to the bank’s website. The bonds totalled US$940 million and were issued simultaneously through BOC branches in Macau, Hungary and Panama, in US dollars and yuan.
Explainer: China’s carbon market to cover steel, aluminium and …
Sep 30, 2024 · Earlier this month, the Ministry of Ecology and Environment (MEE) published a draft policy stating that by the end of this year, China’s ETS will be expanded from covering only the power sector to also cover steel, aluminium and cement. The new plan will raise the share of national carbon dioxide (CO2) emissions covered by the market from 40 per cent of China’s total to 60 per cent ...
Philippine Congress committee passes landmark bill to drive …
Aug 11, 2024 · The House Committee on Climate Change, under the leadership of Congressman Edgar Chatto, has approved a groundbreaking bill that will set the Philippines on a clear path toward a low-carbon future. The "Low Carbon Economy Investment Act of 2023," which was passed with widespread support from key...
22 brands called out for greenwashing in 2023 - Eco-Business
Dec 19, 2023 · South Korea became the first Asian country to fine companies for making exaggerated green claims in February, following a law suit against an energy major that claimed it could produce “carbon dioxide-free” natural gas. But the maximum fine for greenwashing firms in Korea is US$2,300, prompting questions on whether it makes an impact at all
Small farms the key to Malaysia’s palm oil sustainability - Eco …
Aug 20, 2024 · Despite intense pressure to meet regulations and competition from its neighbours, Malaysia maintains its position as the world’s second largest palm oil producer.. Smallholder farmers form a critical backbone in Malaysia’s palm oil industry.
Indonesia’s energy transition riding on grid connectivity upgrade
Jun 24, 2024 · Regional power sharing potential. The intermittency issues of adding renewables to the grid could be eased by sharing the power load and any excess supply across jurisdictions, which underscores the importance of a transmission infrastructure upgrade, said Dr Nuki Agya Utama, executive director of Asean Centre for Energy, a think tank.
New auditing rules finalised as Asia mulls mandatory sustainability ...
Oct 8, 2024 · The auditing standard, known as ISSA 5000, aims to give investors confidence that a company is not greenwashing in its sustainability reports – similar to how regulators require third-party accounting firms to review financial statements to guard against fraud. Prior to the IAASB’s new standard, there were no standalone guidelines for sustainability assurance providers beyond a broad set ...