Unlocking green energy in Vietnam: How Corporate PPAs are a game changer
The Vietnamese government has introduced Corporate PPAs in response to business demand to buy green energy directly from the source.
06 November 2024
Leading the Charge: EV Battery Supply Chains
The strong global push to electrify the world’s vehicle population has in turn created exponential demand for the various components comprising an EV, with the most important being its energy source – the battery. The EV battery (and its supply chain) serves as the single most valuable part of an EV, typically accounting for 30% to 40% of the value of the vehicle[2]. This high cost is mainly attributed to the battery’s composition of several critical raw minerals, including lithium, cobalt, manganese, nickel and graphite[3]. As we share below, these minerals are hard to come by and supply is concentrated in the hands of a few countries.
24 July 2024
Carbon Markets Regulatory Tracker
As Australia transitions to a low-carbon economy, we see carbon markets play an increasing role to help achieve net zero ambitions. Staying on top of deadlines and developments is essential.
26 March 2024
Sleeping Carbon Giant Awakes: China’s Renewed Voluntary Carbon Market is Here – What You Need to Know
The long-awaited renewal of the China Certified Emission Reductions (CCER) market is expected to drive trading activity, develop the market and spur innovation. This is a critical step towards China reaching its ‘30.60’ decarbonisation target: peak emissions by 2030 and carbon neutrality by 2060.
26 January 2024
Navigating The Net Zero Transition - Regional Snapshot
In our country chapters, we look at initiatives to encourage the transition to a net zero economy – across emissions reduction targets, carbon markets, financing, transport, housing and buildings, and agriculture. Here is a brief snapshot. More detail and examples are in the country chapters.
24 November 2023
Navigating The Net Zero Transition: Spotlight on Southeast Asia, Japan and the Republic of Korea
The reality of the ground we need to cover to reach global decarbonisation targets is driving policies, investment and innovation. To do this effectively and within desired timeframes it’s critical that we embrace collaboration by working together, sharing knowledge and simply connecting people.
24 November 2023
Indonesia’s Nickel Rush – Riding the Waves of the EV Battery Revolution
Nickel is set to become one of the most important critical minerals in the net zero transition, reaching a predicted global market of almost US$60bn within 5 years. Future industry growth will be driven by the dramatic increase in demand for lithium-ion EV batteries – of which nickel is a key component. Given the exponential growth in demand, there is still a high risk that supply will fall short in the coming decade.
12 October 2023
Is Your Global Value Chain Sustainable? Europe’s Rules Herald New Era of Corporate Sustainability Due Diligence (CSDDD)
New rules in the EU that will force large companies to check their value chain for any negative human rights and environmental impacts have inched closer.
31 July 2023
Equitable fuel of the future? Developing the hope of hydrogen
The global appetite for cost-competitive green hydrogen has seen the US, the EU, Australia and others introduce incentives to lure investment and encourage development.
17 July 2023
China's carbon markets set to expand in the Year of the Rabbit
When China’s national carbon market launched in 2021, it promised to act as a powerful tool in combatting climate change.
27 March 2023
Hydrogen takes centre stage in Singapore’s net zero transition
The Singapore government plans to put low-carbon hydrogen at the heart of plans to accelerate its transition to a net zero economy, releasing a National Hydrogen Strategy to build capability in the space.
01 November 2022
Green is the new black! Australia and Singapore trailblaze with ‘first-of-its-kind’ Green Economy Agreement
On 18 October 2022 trade ministers in Australia and Singapore signed the Green Economy Agreement (GEA).
20 October 2022
Chapter 2: Powering a net zero world
In 2020, 85% of China’s primary energy needs were met with fossil fuels and 72% in Australia. This is the base from which China and Australia must transform their energy generation and use.
14 September 2022
Chapter 3: Mining and future-facing industries
Surging demand for exports of iron ore, coal and minerals over the last three decades, much due to China’s growth, has brought significant wealth to Australia.
14 September 2022
Chapter 4: Transport and mobility
Transport is among the most emissions-heavy sectors. In 2019 the sector represented 23% of global energy-related emissions according to the 2022 Intergovernmental Panel on Climate Change (IPCC) Mitigation Report.
14 September 2022
China’s Carbon Markets – A Key Tool for Achieving Net Zero
The ability to monetise carbon and trade carbon credits through carbon markets is a core component of the global transition to net zero, without which global efforts to meet critical carbon reduction targets will be severely impacted.
China’s national emissions trading scheme (the National ETS) is set to become the world’s largest carbon market by both trading volume and value, and will play an important part in the global net zero transition. The National ETS began trading in July 2021 and currently operates in parallel with nine pilot schemes (each a Pilot Scheme).
China’s ability to peak emissions by 2030 and be carbon neutral by 2060 (the 30/60 strategy) relies in part on its ability to demonstrate to the world that it has the necessary infrastructure in place to maintain the integrity of the system that it has created to realise its 30/60 strategy.
03 August 2022
Trading carbon in China: a game changer
It is the island home of some of the world’s longest-living people and Wenchang chicken, a dish popular in mainland China and across south-east Asia.
17 December 2021