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PH urged to take 'urgent, concrete steps' in COP26 pledges

John Gabriel Agcaoili, ABS-CBN News
Updated as of Nov 23 08:13 PM

The country was among more than 40 countries at COP26 that committed to shift away from the world’s dirtiest fossil fuel. Read more »

China, Russia mull developing coal deposits in Russia

Laura Zhou, South China Morning Post
Posted at Nov 19 01:38 PM

Beijing and Moscow are discussing long-term contracts to jointly develop coal deposits in Russia, the country’s deputy prime minister has said. Read more »

China rebuffs UK criticism on coal after climate summit

Reuters
Posted at Nov 15 06:08 PM

China on Monday pushed back at criticism that it helped weaken language on phasing out coal at the COP26 conference, saying that it had already made "enormous efforts" to reduce coal consumption. Read more »

UK turns pessimistic as COP26 misses deadline

Kelly Macnamara, Jitendra Joshi and Patrick Galey, Agence France-Presse
Posted at Nov 13 08:42 AM

Delegates from nearly 200 nations are tasked with keeping alive the 2015 Paris goal of limiting temperature rises to 1.5 degrees Celsius. Read more »

Duterte echoes call for major economies' support in fighting climate change

John Gabriel Agcaoili, ABS-CBN News
Updated as of Nov 13 12:49 AM

He emphasized the need of developing countries for support from major economies to help in their transition to a low-carbon economy. Read more »

Advocates doubt Indonesia pledge to fighting climate change

Heru Asprihanto, Reuters
Posted at Nov 05 10:03 PM

Indonesia's environment minister criticized a global plan to end deforestation by 2030 and cut carbon emissions as unfair. Read more »

ADB, PH, Indonesia partner to cut CO2 emissions

ABS-CBN News
Posted at Nov 03 08:15 PM

The Philippines, Indonesia and the ADB are partnering to set up an Energy Transition Mechanism (ETM) to cut carbon emissions in the 2 countries. Read more »

Asia struggles to kick coal addiction

Sam Reeves and Haeril Halim, Agence France-Presse
Posted at Oct 18 04:39 PM

Asia-Pacific accounts for about three-quarters of global coal consumption. Read more »

China coal imports surge, prices hit record as floods add to energy woes

Shivani Singh and Muyu Xu, Reuters
Updated as of Oct 13 07:05 PM

China, the world's largest coal consumer, has been grappling with a growing energy crisis brought on by shortages and record high prices for the fuel. Read more »

ADB boosts 2019 - 2030 climate financing goal to $100B

David Lawder, Reuters
Posted at Oct 13 08:36 AM

The plans, disclosed by ADB President Masatsugu Asakawa in an interview with Reuters, increase a previous $80 billion goal for climate financing for developing countries in Asia for the decade announced in 2018. Read more »

Bank of China pledges to end funding for foreign coal mining and power plants

Echo Xie, South China Morning Post
Posted at Sep 26 08:44 AM

Bank of China is the first state-owned commercial bank to make such a pledge after President Xi Jinping's recent speech to the UN. The Chinese leader promised the country would stop building overseas coal-fired plants. Read more »

PH must hold fossil fuel firms accountable: Greenpeace

Job Manahan, ABS-CBN News
Posted at Sep 22 03:12 PM

Greenpeace said President Rodrigo Duterte should also cancel approved coal projects that remain unbuilt, saying doing otherwise would render his climate plan 'insignificant.' Read more »

PH aims to cut greenhouse-gas emissions by 75% by 2030

ABS-CBN News
Updated as of Sep 22 09:24 AM

Duterte said a moratorium on the construction of new coal power plants has been issued, as well as a "directive" to explore nuclear-energy options. Read more »

Xi to UN: China to stop funding coal projects overseas

Agence France-Presse
Posted at Sep 22 04:56 AM

Addressing the UN General Assembly, Xi made the promise as he vowed to accelerate efforts to help the world battle the climate crisis. Read more »

Investor group sets tough climate blueprint for Big Oil

Ron Bousso and Simon Jessop, Reuters
Posted at Sep 15 06:49 PM

Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies seeking to tackle climate change. Read more »

Pressure grows on Asia to cancel new coal projects

ABS-CBN News
Posted at Sep 14 05:09 PM

Ending the use of coal - the most polluting fossil fuel - for power production has been a key focus for climate change activists. Read more »

ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures: sources

Clara Denina and Melanie Burton, Reuters
Updated as of Aug 03 07:31 PM

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said. Read more »

San Miguel drops new coal projects in 'big step' towards renewables: Ramon Ang

ABS-CBN News
Updated as of Jul 12 09:32 AM

San Miguel Corp said it would drop new coal projects to empasize its push for sustainable expansion and renewable energy sources, its president said.    Read more »

Falling renewables costs undercut new and some existing coal plants - study

Nina Chestney, Reuters
Posted at Jun 22 07:01 PM

The cost of renewable energy sources is undercutting that of new and some existing coal-fired power plants, a report by the International Renewable Energy Agency (IRENA) showed on Tuesday.   Read more »

THE DAY IN PHOTOS: June 18, 2021

ABS-CBN News
Updated as of Aug 16 03:15 PM

Here are the day's top stories in photos. Read more »