Power Minister R.K Singh said that “India holds a liberal foreign investment policy and allows 100 percent FDI through the automatic route in the renewable sector. This bought an investment of $70 bn in the past seven years across the country”. He also added that as of June 16, 2021, India’s installed renewable energy capacity including large hydro, stands at more than 141 gigawatts and is about 37 percent of the country's total capacity. This shows that Renewal energy instal

Five days after the release of the EU CBAM (Carbon Border Adjustment Mechanism) proposal and three days after the launch of China's...

In June, Vietnam adopted the new Law on Environmental Protection (“New Law”) that introduces a concrete policy on an emissions trading system and carbon tax that will take effect beginning next year. This new law will require businesses to report a database of greenhouse gas (GHG) every two years and an annual GHG reduction report. The list of required businesses will also be released every two years by the Prime Minister and the Ministry of Natural Resources and Environment

Department of Energy Philippines (DOE) has been eyeing to improve the country’s energy security by emphasizing various policies to adopt renewable energy as a source of power. This forces the private and public agencies to further their efforts for climate change mitigation. No New Coal Power Plant Projects DOE is no longer accepting proposals to build new coal power plants with an exemption for few projects since last year. SMC Global Power Holdings Corp (SMCGP), which accou

When the EU's carbon trading mechanism announced its most significant reform since its establishment, China's national carbon emissions...

In response to the global sustainability trend, several Asian countries have taken proactive approaches to develop carbon or renewable...