Asia-Pacific Climate Digest Issue# 44 : Week 3, Feb 2022

Compiled by Ms. Purnima Joshi


With the triple crises of climate disruption, biodiversity loss and pollution, faced by the planet, UN Secretary-General António Guterres told the One Ocean Summit, warning that “the ocean shoulders much of the burden”. Separately, a Harvard Humanitarian Initiative conveyed that small island communities in the Asia-Pacific are at greater risk from climate change, and aiding them is a “moral duty” for larger states. Also, it is worrying that Central Asia is warming faster than the global average. Melting of the region’s glaciers ­– a vital source of water for households, agriculture and energy production – is also accelerating, with implications for Central Asia’s river systems and long-term water availability.

And there’s lots more even beyond the environmental impacts, so Happy Reading.



ENERGY


‘I will die too’: What’s at stake in India’s reliance on coal power

ChannelNewsAsia, 12 Feb 2022

In Dhanbad city, otherwise known as India’s coal capital, 13-year-old Gauri Kumari’s family depends on the black fuel she collects each day to survive. Read further...




GOVERNANCE


How Indonesia's G20 presidency promotes climate transition

Jakarta Post, 15 Feb 2022

The C0VID-19 pandemic has changed human behavior. People are afraid to make decisions because they worry too much about the future. However, not making a decision could worsen business and the economy. Read further...



BUSINESS & INDUSTRY


Sustainability Snippets : News from big brands including Nestle Coca-cola Thai Union and more

Foodnavigator-asia.com, 14 Feb 2022

Major Brands such as Nestle, Coca-Cola, Mondelez, F&N and Unilever are joining forces to drive the sustainability agenda in Malaysia, via a new alliance that will tackle plastic food and beverage packaging concerns. Read further ...



Driving the sustainability opportunity in APAC

Bluenotes.com, 16 Feb 2022

Many developed economies are already well advanced in their response. This means for businesses trying to get in on the ground floor, the opportunity has shifted to the Asia Pacific. Read further ...



CLIMATE CRISIS


World must ‘change track’ to protect oceans from climate crisis

Moderndiplomacy.com, 15 Feb 2022

The planet is facing the triple crises of climate disruption, biodiversity loss and pollution, Secretary-General António Guterres told the One Ocean Summit on Friday, warning that “the ocean shoulders much of the burden”. Read further ...



Harvard institute says ‘moral duty’ to help island communities deal with climate change

Business World, 10 Feb 2022

SMALL ISLAND communities in the Asia-Pacific are at greater risk from climate change, and aiding them is a “moral duty” for larger states, according to the Harvard Humanitarian Initiative (HHI).

Read further ...



FINANCE


Opaque Carbon Trade Threatens Climate Progress – Nikkei

Asiafinancial.com. 11 Feb 2022

Nearly 40% of carbon credits purchased by companies are more than five years old, a Nikkei Asia analysis shows, a trend that experts say threatens progress on cutting greenhouse gas emissions. Read further ...




Aussie climate M&A deal offers best of both worlds

Reuters, 16 Feb 2022

Two Australian financial firms are providing a handy example of how to strike a green M&A deal. On Wednesday ANZ (ANZ.AX), one of the country’s top-four banks, paid $50 million for a minority stake in climate-change and investing startup Pollination. Read further ...



Commentary: Why it pays for Singapore to be much more ambitious in raising carbon tax

CNA, 16 Feb 2022

Taxes will be high on the agenda this Budget 2022, as authorities and observers note the need to raise government revenue for greater social spending. Read further ...




ADDITIONAL READS


World Bank experts on Central Asia’s looming water crisis

Eco-Business, 16 Feb 2022


Read here ...




How & Why Billionaires Actually Support Global Warming

Moderndiplomacy.com, 12 Feb 2022

Read here ...




There could be 1.2bn climate refugees by 2050

Asia Insurance Review, 9 Feb 2022


Read here ...




US announces deeper engagement strategy to match China in the Pacific

Asiapacificreport, 13 Feb 2022


Read here ...


 

CGM's Asia-Pacific Climate Digest is compiled by communications consultant Purnima Joshi.

With over two decades of experience in corporate communications, Purnima combines her skills in creative and communication along with her passion for working for the community. She has worked on a multitude of projects in waste management, circular economy, building active citizenship in the community, some of which have won awards. These also include a project on building climate resilience for UNICEF as well as some award-winning projects. She has been associated with several NGOs in an advisory capacity for over 10 years.

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