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Climate Trailblazers: Towards Net Zero

14:17 Min
Climate Trailblazers: Towards Net Zero

Climate Trailblazers: Towards Net Zero - S1: Financing Asia's Green Transition

07 Jun 2022 11:30am

A financial revolution is gaining momentum. Carbon taxes and voluntary carbon markets work together to compel firms to decarbonise. This, as private capital catalyses transformations, and provides much needed funds to drive breakthroughs and innovations in new technologies and new partnerships and alliances are formed to focus on investments to advance decarbonisation solutions in this historic investment opportunity.

About the Show

How will the world achieve net-zero by 2050? Firstly, through a renewable energy transition. Battery Energy Storage Systems are unleashing the power of renewables, by supplying grids with green uninterrupted power. Microgrids are powering remote communities, and helping countries grow adoption of renewables quickly and cheaply. Whole regions could also cooperate to achieve collective goals through interconnected grids. Meanwhile, the aviation and maritime industries - long considered hard to abate – are exploring multiple strategies to decarbonise. Trials on “future fuels” like hydrogen and ammonia are underway, while adoption grows for Sustainable Aviation Fuel. At the same time, a financial revolution is gaining momentum. Carbon taxes and voluntary carbon markets work together to compel firms to decarbonise. This, as private capital catalyses transformations, and provides much needed funds to drive breakthroughs and innovations in new technologies.

 

Produced in partnership with Temasek Ecosperity

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