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Compiled by Ms. Purnima Joshi
Over the past week, The World Bank Group released its new South Asia Climate Roadmap to help guide its interventions as it implements the World Bank Group Climate Change Action Plan 2.0 in this key region. The roadmap lays out how the Bank Group will support climate action - both mitigation and adaptation efforts - for governments and private sector clients in the region over the next five years.
Closer to home here in South-East Asia, President Rodrigo Duterte of The Philippines called for stronger economic ties for recovery and climate action, while a recent report in Thailand
revealed that climate change and unplanned urbanization will result in a decrease in
groundwater resources and intensified flood risk in Bangkok.
From a food security perspective too, it was highlighted that the impacts of climate change are too big to ignore. They include extreme weather events that can severely affect productivity in the agriculture sector, and thus disrupt food availability and threaten food security.
Happy Reading!
COP26
What does the Glasgow Climate Pact mean for Asian energy companies?
Natural Gas World, 26 Nov 2021
Much has been discussed on the implications of the Glasgow Climate Pact for the global economy and energy markets. Net zero pledges, equitable transition financing and global carbon market development grabbed headlines.
Building capacities for net-zero emissions: Lessons ranging from South Africa to Asia
Orfonline.org, 27 Nov, 2021
The response to the climate crisis has lagged considerably behind the awareness about the issue at hand.
SOUTH-EAST ASIA
Duterte calls for stronger ties for inclusive recovery, climate action in Asia-Europe Meeting
CNN, 26 Nov 2021
President Rodrigo Duterte called for stronger economic ties for recovery and climate action during the virtual 13th Asia-Europe Meeting (ASEM) Summit.
City floods to worsen: study
Bangkok Post, 27 Nov 2021
Climate change and unplanned urbanisation will result in a decrease in groundwater resources and intensified flood risk in Bangkok, a study by the Asian Institute of Technology (AIT) has found.
Climate change and Indonesia's food system resilience
The Jakarta Post, 30 Nov 2021
The impacts of climate change are too big to ignore. They include extreme weather that can severely affect productivity in the agriculture sector, and thus disrupt food availability and threaten food security.
Southeast Asia's Coal-Cutting Challenge
NHK News, 29 Nov 2021
FOOD & AGRICULTURE
IN FOCUS: Will changing what we eat help save the planet?
Channel News Asia, 27 Nov 2021
Since getting married and moving into her new home with her husband, Ms Noor Hanisah Noordin has been making efforts to reduce how much meat she eats.
Farming Impacted by Climate Change : The way ahead
Lokmat, 2 Dec 2021
Researchers led by Princeton University investigated how different climate scenarios and policy interventions could impact smallholder farmers, or those who maintain less than five acres of land using Nepal as a case study.
FINANCE AND GOVERNANCE
ADB announces support for task force on climate-related financial disclosures
The Independent, 27 Nov 2021
The Asian Development Bank (ADB) has declared its support for the Task Force on Climate-Related Financial Disclosures (TCFD), reaffirming its commitment to building a more resilient financial system, increasing transparency, and safeguarding against risks from climate change through enhanced disclosure.
What You Need to Know About the World Bank Group's South Asia Climate Roadmap
MarketScanner, 30 Nov 2021
The World Bank Group released its new South Asia Climate Roadmap to help guide its interventions as it implements the World Bank Group Climate Change Action Plan 2.0 in this key region.
Green, ESG bonds the ‘biggest trend’ for Asia
Asia Business Law Journal, 1 Dec 2021
A Simmons & Simmons lawyer who was instrumental in advising guarantors on a recent issuance of Asean green bonds says finance sectors are growing more interested in the instrument in the region as environmental, social and governance (ESG) concerns increase.
CARBON
Forum on Carbon Neutrality Goals of China, Japan and the Republic of Korea affirms the need for trilateral and multilateral cooperation to enhance climate action
Unescap.org, 30Nov 2021
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Climate Action Team at the Executive Office of the Secretary-General of the United Nations (EOSG/CAT), and the Trilateral Cooperation Secretariat (TCS) jointly organized a high-level forum virtually on 29 November 2021, followed by an expert dialogue today led by ESCAP with the support of EOSG/CAT, to create a platform to share policy practices and explore collaboration between China, Japan and the Republic of Korea (ROK) on the carbon neutrality transition. Read further ...
ADDITIONAL READS
Pakistan ranked fifth among countries most vulnerable to climate change
Bolnews, 27 Nov 2021
Australian Research Finds Climate Change Behind Bushfire Surge
VOANews, 29 Nov 2021
Meat-Eating Men Trump Women When It Comes to Climate Change Emissions
Greenqueen.com, 30 Nov 2021
Commentary: Faced with a climate emergency, young Singaporeans are rightly thinking twice about having kids
Channel News Asia, 1st Dec. 2021
Despite its climate pledge, China finances coal power plants in Bosnia and Herzegovina
ANI News, 1 Dec 2021
Kashmir: Vanishing wetlands threaten wildlife, livelihood
Dw.com, 2 Dec 2021
CGM's Asia-Pacific Climate Digest is compiled by communications consultant Purnima Joshi.
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