Asia-Pacific Climate Digest Issue # 17 : Week 2, July 2021


Compiled by Purnima Joshi


On the one hand, demand for coal continues across Asia despite soaring fossil fuel prices, and on the other, countries in the region recognise the need to harness new technologies to capture and store the carbon emitted by the fossil fuel industry. There is an urgency to discard the business-as-usual approach if climate change has to be addressed. Apart from looking at innovative technology to tackle climate change, means such as SDG accelerator bonds are being promoted by ADB to attract private financing to support green, resilient and inclusive recovery from the Covid-19 pandemic and meet UN Sustainable Development Goals. Meanwhile, the green advocacy group Greenpeace has urged governments to ensure that energy plans and projects would take into consideration the current climate change crisis.


In this issue of the Asia-Pacific Climate Digest, we feature articles on the pressure of EU's climate neutrality law on Asia, soaring coal use in Asia, climate conversations ahead of COP 26, new technologies to tackle climate change, sizzling temperatures in New Zealand this summer, the release of insurance company AXA’s sixth climate report, and more.


Happy Reading !



ASEAN REGION


Carbon capture technology an important pillar for Southeast Asia to tackle climate change, say experts

Channel News Asia, 5 Jul 2021

Countries in Southeast Asia will need to harness new technologies to capture and store carbon emitted by fossil fuel industries if they want to reach their future climate change goals, according to experts.

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Millions more in Southeast Asia face sea level rise risks than previously thought: Satellite imagery study

Channel News Asia, 7 Jul 2021

Huge swathes of land are closer to sea level across Southeast Asia than previously realised, highlighting the flood dangers faced by millions, according to a new study using advanced satellite imagery.

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POLICY


EU’s 205- climate neutrality law ups pressure on Asia

The Asset, 5 Jul 2021

The European Union’s adoption of the European climate law on June 28 codifies its goal of reaching climate neutrality – that is, bringing greenhouse gas (GHG) emission down to zero .

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FOSSIL FUELS


Unrelenting Coal Demand Poses Challenge to Climate Goals

Bloomberg Green, 2 Jul 2021

Coal prices across Asia are surging to records, underscoring a challenge for governments seeking a faster energy transition: the dirtiest of fuels they’re racing to phase out is enjoying booming demand.

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ENVIRONMENT


Addressing climate change requires discarding the business as usual approach

The Indian Express, 2 Jul 2021

On the journey to the UN Climate Conference at Glasgow (CoP 26), numerous interventions are being proposed to either stop or slow down global warming.

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Climate change link as New Zealand registers warmest June on record

Channel News Asia, 6 Jul 2021

New Zealand recorded its hottest June on record as temperatures continued to soar in a pattern consistent with global warming, a government scientific agency said on Tuesday (Jul 6).

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Heatwaves a deadly reminder for world to act on climate change

South China Morning Post, 3 Jul 2021

Summer is little more than a month old in the northern hem