Malaysia, other SE Asian countries ‘woefully off track’ on green investment, says global consultancy Bain

  • 📰 malaymail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Bain Capital News

Business Business Latest News,Business Business Headlines

SINGAPORE, April 15 — South East Asia is “woefully off track” on green investments to reduce emissions and needs new policies and financial mechanisms to help bridge the gap,...

PAS Youth man forced to apologise after police report lodged against call to abstain from reciting 'doa' for Agong

While green investment grew 20 per cent last year, it is way short of the US$1.5 trillion required this decade, and emissions in the 10 countries in the region could overshoot their 2030 pledges by 32 per cent if they continue on their current trajectory, it warned. The report called for more policies and incentives, greater regional cooperation and a sustained focus on technologies that are already deployable.“The good news is that Southeast Asia is very early on its decarbonisation journey so benefits from having many levers to reduce emissions today,” said Tan. “Many of these are low-hanging fruit.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines