By Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Pick up any major Southeast Asian bank's sustainability report and you will find a coal funding commitment. The language is confident. The dates are specific. But banks from Jakarta to Kuala...
Opinion
Action needed by Southeast Asia’s Central Banks on escalating climate risks
By Rachel Ho, Asia Energy and Climate Finance Fellow, Market Forces. Ms Ho has a decade of experience in the private industrial and technology sector across Australia, Indonesia and the broader Asia Pacific. The global oil and gas crisis is going from bad to worse....
APA Group and fossil fuel industry must come clean on true costs of gas
By Will van de Pol, Chief Executive, Market Forces Of all the things being destroyed as a result of the United States and Israel’s war on Iran, long-term demand for liquefied natural gas (LNG) is not the first to spring to mind. But when high fuel price projections...
We’re all paying the price of banks and pension funds fuelling climate disasters
By Kyle Robertson, Head of Research, Market Forces. People across Asia and Australia are experiencing another scorching season of deadly and terrifying wildfires, heatwaves and floods. The world has just endured the three hottest years on record according to the World...
Climate-related shareholder proposals have achieved results.
By Sachiko Suzuki, Asia Climate and Energy Analyst, Market Forces. Cover image: LNG-related facilities in which Japan’s INPEX and JERA have stake, are concentrated in Darwin, Australia. (Image credit: Paula Martinez / Market Forces) According to the Japan...
Australia’s big banks face big climate decisions
By Will van de Pol, Chief Executive, Market Forces AS LIBERAL MEMBERS squabble after formally rejecting the scientific and economic imperative to reach net zero greenhouse gas emissions, a division is also starting to open up among the nation’s largest banks....
Southeast Asian banks need to end loopholes allowing finance for industrial coal powerÂ
By Binbin Mariana, Senior Asia Energy Finance Campaigner, Market Forces, a clean energy finance advocacy organisation working across Asia and Australia. Southeast Asia’s biggest banks have made public commitments to sustainability and phasing out financing for coal,...
Wake up HESTA: Backing new gas is harming our healthÂ
By Veronique Hamilton, a credentialed mental health nurse and founder of a business, Exploring Minds, who has worked as a Mental Health Postgraduate Coordinator, Mental Health Promotion Officer, in addition to clinical roles in multidisciplinary teams and settings. As...
Funding coal-powered nickel in Indonesia is a climate disaster
By: Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Indonesia’s ambition to dominate the global nickel market is a key driver of its ambitious target to lead Southeast Asia with an economic growth rate of eight per cent. The world is going into...
Japan’s top investors have a duty to back a clean energy future
Sachiko Suzuki is Asia climate and energy analyst for Market Forces. Japan faces another scorching summer, but the country's biggest investment companies are stalling the shift to clean energy with the risk of making global warming-fueled disasters worse by pouring...