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Banking Asia’s Protein Transition: Financing the Shift Towards Responsible and Sustainable Food and Agriculture Systems
Image by Global Food Partners Asia’s food system is at a pivotal moment. As climate and nature risks intensify across the region, banks will play a defining role in enabling a shift toward more resilient, sustainable,...
Japan’s Power Market Transition: Implications for Coal Power Profitability
Japan’s power market is undergoing a structural shift, with major implications for coal power operators. As battery storage growth accelerates and planned grid extensions come online, we project coal-fired generation to become structurally unprofitable by the...
India’s Path to Net Zero: Utilities, Steel & Cement in Action
India’s journey to net zero will determine not only its own development trajectory but also the global outcome of the climate transition. As one of the world’s fastest-growing economies and largest emitters, India faces the dual...
Bridging the Gap: Have ASEAN Banks Caught Up on Climate Action?
Asia is one of the world’s most vulnerable regions to the impacts of climate change, yet its contribution to global emissions continues to increase. Banks have a critical role to play in driving change, but true...
India's Power Sector: a Primer
India has built the world’s largest unified electricity grid and achieved its target of 50% renewable installed capacity five years ahead of schedule. But generating, transmitting, and distributing 485 gigawatts of power while integrating the rapid...
China’s Road to Carbon Clarity: Why Banks Should Accelerate Financed Emissions Disclosure
The report outlines why China’s banking sector should accelerate the disclosure of financed emissions as the country moves toward mandatory reporting requirements. From a policy perspective, recent developments indicate China is on a clear path toward...
新型电力系统下煤电清洁低碳发展路径研究报告
Rethinking the Role of Coal Power in China's New Power System
《新型电力系统下煤电清洁低碳发展路径研究报告》指出,在2030年碳达峰前,我国仍需新建一定规模的煤电机组,并分析了新增煤电的深层原因。 同时,报告表明,从中长期来看,中国致力于构建以新能源为主体的新型电力系统。在这一发展目标下,煤电也将加快转型步伐;即便新增机组,通过低碳化改造与灵活性改造等方式,中国煤电也将逐步达成兼具清洁化与调节能力的降碳路径。   The report reveals the underlying key reasons why China will still build a certain amount of new coal power capacity before China reaches its carbon emissions peak in 2030. From a medium-to-long-term perspective,...
Japan’s Ammonia Strategy: Excessive costs signal need for alternatives in the power sector
Japan’s flagship ammonia co-firing strategy is designed to simultaneously maintain and decarbonise coal power generation’s position in the national grid. But is it a costly dead end? This report, first published in April 2025 and updated...
Kitchen of the Future: The Economic and Environmental Benefits of Protein Diversification in Thailand
This report identifies the economic, environmental, and industrial benefits of a partial shift from animal-based to plant-based protein production in Thailand, modelling its impact on climate, land use, and the economy under different scenarios. By shifting...
Autos, Buildings, Renewables: Finding China’s Green Steel Buyers
This report identifies the key industries that can drive the adoption of green steel to help China meet its carbon neutrality goals. China’s steel industry, the world’s largest, emits 17% of the country’s greenhouse gases. Despite...
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