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Environment

 Aerial drone photo of Kuala Lumpur. Photo credit: iStock/Alexpunker.

The Rise of Islamic Finance Hubs: Opportunities for BIMP-EAGA

December 20, 2023

The subregion is well positioned to cater to the growing global appetite for Shari’ah-compliant financing.
A view of the Bakun dam

Sarawak Energy to Issue Renewable Energy Certificates to be Traded on Malaysia’s Carbon Exchange

December 14, 2023

The move will help ensure there is a credible mechanism for tracking renewable energy consumption and in supporting the shift to a low-carbon economy.
    From left to right:  ADB Director General for Southeast Asia Winfried Wicklein, Nusantara Capital Authority Chairman Bambang Susantono, Nusantara Capital Authority Deputy of Environment and Natural Resources Myrna Safitri, and ADB Director General for Climate Change and Sustainable Development Bruno Carrasco.

Nusantara Net-Zero Strategy Launched at COP28 in Dubai

December 11, 2023

The move entails massive reforestation, eschewing fossil fuel, shifting to the circular economy, and opting for climate-friendly agriculture practices.
A woman taking photos with birds flying in the background.

Birdwatching Can Be a Lucrative Niche Market for Tourism in BIMP-EAGA

December 07, 2023

Birdwatchers tend to be well-educated and wealthy, making them an attractive target market.
Refueling an aircraft. Photo credit: iStock/aapsky

Southeast Asia Poised to Become a Key Supplier of Sustainable Aviation Fuel

December 01, 2023

Rich in feedstock, the region can become an important source of biofuel, which is currently in short supply.
Power-generating wind turbines can be seen at Bangui Bay, Ilocos Norte, Philippines. Photo credit: ADB.

Southeast Asia Is Building Back Bluer

November 22, 2023

A joint BIMP-EAGA and IMT-GT workshop lays the groundwork for the sustainable use of ocean and coastal resources in the region.
Malaysia Airlines operated its first flight using fuel produced from renewable waste and residue raw materials on World Environment Day in 2022. Photo credit: Malaysia Airlines.

ASEAN Tourism and Transport Ministers Support Sustainable Travel

November 20, 2023

Initiatives include shifting to sustainable aviation fuel and more environment-friendly transportation modes, such as electric vehicles.
BIMP-EAGA Ministers during the 26th Ministerial Meeting in Brunei.

Expedite Implementation of Key Infrastructure Projects, BIMP-EAGA Ministers Urge

November 07, 2023

Integrating the projects into national policy, budget, and programs seen to enhance connectivity and drive economic growth and social inclusion across the subregion. 

Orangutan from the tropical forest of Borneo. Photo credit: iStock/USO.

BIMP-EAGA Makes Progress in Halting Ecosystems Loss

October 26, 2023

The headway countries saw contribute to global efforts to make the planet more sustainable.
A street sign with an arrow pointing upward is seen in the foreground with electric lines and posts seen in the background.

Malaysia’s Energy Transition Plan Spells Business Opportunities in Sabah and Sarawak

October 11, 2023

The country's shift to net zero is seen to propel high-impact industries, including MSMEs, as well as attract investments and generate job opportunities.