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,...
Southeast Asia
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 biggest trading companies delay clean energy by pushing gas
January 29 (Wed), 2025: New Market Forces analysis finds that Japan's seven largest trading companies and JERA, Japan's largest power company, are planning eight Giga Watts (GW) of gas-fired power generation projects across Asia, undermining the transition to clean...
WIN! Standard Chartered rules out new coal…. everywhere!
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text]25 September 2018 Standard Chartered bank today updated its policy on lending to power generation, ruling out new coal power plants anywhere in the world. It...
The power of finance to slow new coal plants
Market Forces in the media By Julien Vincent, executive director Op-ed in the Asia Times, August 29, 2018 So far, 2018 has seen seven banks dominant in Southeast Asia either release or update their policies related to coal, the single-biggest source of greenhouse-gas...