News & Insights Across Asia
At COP29 in Baku, China’s Vice Premier Ding Xuexiang called for a fundamental shift in global development patterns to tackle climate change, urging collective action and greater support from developed nations.
According to the IEA’s World Energy Outlook 2024, clean energy growth is expected to peak global fossil fuel demand by 2030, marking a significant shift in the global energy landscape.
China leads the global solar revolution, producing 70-80% of the world’s installed solar capacity since 2006. As the world aims to triple renewable energy by 2030, China’s role is both pivotal and controversial.
China continues to lead the global renewable energy revolution, significantly expanding its capacity and driving down costs, playing a crucial role in worldwide green initiatives.
A wildfire near Canada’s vital oil hub in Fort McMurray threatens global oil supply, potentially impacting Asian markets dependent on energy imports.