Resources Sustainability Indonesia to launch voluntary carbon market (13 Nov) Indonesia, one of the world’s biggest emitters of greenhouse gases, is planning to launch a voluntary carbon trading scheme that could link to other countries if successful, a senior government official said on Tuesday. The South East...
Resources Sustainability Indonesian Court Fines Palm Oil Firm $18.5m Over Forest Fires In 2015 (28 Oct) An Indonesian court has fined a palm oil company $18.5 million for fires that destroyed 970 hectares (2,400 acres) of forest on its concession in Borneo in 2015. The judgment is...
Resource Sector Malaysia Warns New EU Rules Could Hurt Palm Oil Used In Food (15-22 Oct) The European Parliament will proceed with phasing out palm oil-based biofuel by 2030 despite threats of retaliatory action by Indonesia and Malaysia, the world’s biggest producers of the ubiquitous vegetable oil....
Resource Sector Indonesia Finds One-Fifth of Palm Oil Plantations Are Illegal (10 - 11 Oct) Last year President Joko Widodo issued a ban on new permits for palm plantations for three years, aiming to protect the country's forests. The order also gave the government authority to review...
Resource Sector Agroforestry companies linked to forest fires causing haze (24 Sep) As forest fires rage on in Indonesia, connection with Singapore and Malaysia have surfaced. Three Indonesian firms with offices in Singapore have been linked to the haze-belching fires. One company, Hutan Ketapang Industri, sealed off...
Resource Sector Indonesia forest fires surge and Singapore's air quality may enter 'unhealthy' range (12 Sept) The number of blazes in Indonesia's rainforests has jumped sharply, satellite data showed on Thursday (Sept 12), spreading haze across South-east Asia. Indonesia's forest fires are an annual problem but have...
SIIA Chairman Simon Tay spoke at the Sustainable Forum 2018 on 23 July 2018 in Bangkok, organised by the Bank of Thailand. Prof Tay appeared on a panel on "Financing while Preserving Environment", commenting on Singapore's early steps towards green growth in the financial sector. While...
ASEAN’s economy is expected to grow at an estimated 5.1 percent annually, but its energy demand and greenhouse gas (GHG) emissions will also increase by 67 percent by 2030. To counteract this trend, in December 2017, the Philippines ratified a coal tax in December 2017, after...
By Chen Chen Lee and Lau Xinyi The fight against climate change has notably taken a hit during US President Donald Trump's first year in office. Besides rolling back domestic policies and regulations from the era of his predecessor Barack Obama, Mr Trump also announced plans to withdraw...
By Simon Tay and Cheryl Tan City-state seeks cooperation boost despite differences over Trump, China and Myanmar refugees Singapore is settling into its one-year rotating chairmanship of the Association of Southeast Asian Nations at a time when the region's economic growth is outperforming the world. But the...