Newest development bank invests in coal
22 Jun 2018
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The AIIB is indirectly financing a coal mine expansion to fuel cement production in Myanmar |
THE ASIAN Infrastructure Investment Bank is backing a coal-fired cement works in Myanmar through an intermediary, in a worrying sign for its climate credentials.
Singapore seals carbon credit deal with Thailand, its first South-east Asian partner
Thu 28 Aug 2025
The agreement, the eighth for Singapore, helps both nations meet climate targets under the Paris Agreement, directing finance to Thai projects.
India needs $467 billion climate finance by 2030 to decarbonise 4 key sectors
25 Aug 2025
India will need to mobilise USD $467 billion in climate finance by 2030 to put four of its most carbon-intensive sectors – power, steel, cement and transport – on a low-carbon pathway.
Death toll from northern Pakistan monsoon floods rises to almost 400
21 Aug 2025
Torrential rains across the country's north have caused flooding and landslides that have swept away entire villages.
India misses chance to tackle UK carbon tax in trade pact
28 Jul 2025
India’s efforts to secure a concession for its small and medium enterprises under the UK’s Carbon Border Adjustment Mechanism did not materialise, as the text of the India-UK Free Trade Agreement made no mention of a resolution on the contentious issue.
India to issue climate risk disclosure rules for banks in the next few months, sources say
25 Jul 2025
India's central bank is close to finalising rules for banks and financial institutions to disclose and manage risks from climate change, three sources aware of the matter said.
Heatwave causes water shortages in Iran as temps top 50C
23 Jul 2025
Reservoirs of the dams supplying water to Tehran are currently at their lowest level in a century.
At least 17 dead in South Korea floods and landslides
22 Jul 2025
At least 17 people have died in floods and landslides caused by days of torrential rain in South Korea, the country's disaster management office has said.
A ‘Himalayan tsunami’ has just devastated Nepal. It should be a wake-up call
21 Jul 2025
Massive glacial bursts are becoming more frequent and more dangerous due to the climate crisis, experts tell , warning: ‘They are not going to stop anytime soon’.
Amid stifling summers Japan warns of future restrictions on children’s sport
18 Jul 2025
As soon as 2060, global heating may send temperatures high enough to stop children in most parts of country from taking part in outdoor summer sports, study shows.
Sanctions and climate action crossroads: India must embrace energy sovereignty with justice at its heart
17 Jul 2025
COMMENT: By expanding renewables, India not only reduces emissions but also insulates itself from future geopolitical shocks.
