Shemane Chan

Dec 15, 2023 | lexology.com | Lee Weilin |Kala Anandarajah |Ng Sey Ming |Shemane Chan |Cindy Quek |Cynthia Wu | +2 more

IntroductionThe landscape for attaining net zero by 2050 has been met with challenges, particularly in Asia. Coal-fired power plants ("CFPPs") in Asia account for one-sixth of the global greenhouse gas ("GHG") emissions and needs to be phased out ahead of their usual run-time to avoid exhausting the carbon budget aligned with the Paris Agreement. Climate-friendly transition activities across the economy also face financing hurdles in the face of greenwashing risks and narrowing bankable capacity.

Jul 18, 2023 | lexology.com | Lee Weilin |Kala Anandarajah |Sandy Foo |Ng Sey Ming |Disa Sim |Cindy Quek | +5 more

IntroductionThe coal to green transition plays a vital role in reducing global greenhouse gas emissions. The transition will not be possible without adequate financing. However, challenges lie in crafting credible and just coal phase-out guidance that sufficiently allays concerns among financial institutions regarding the financing of such projects.