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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. On the other hand, Indonesia also needs to consider measures to accelerate the growth of renewables within this decade.

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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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The two companies have partnered before, with the Weda Bay Nickel project in Indonesia. interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% The project consists in extracting brine from the salar and processing it into lithium carbonate.

Argentina 335
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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

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Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. The pilot programs will start in 2021, beginning in Singapore, and expand to Indonesia and Vietnam.

Asia 199
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BP takes delivery of 6 new LNG tankers

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BP is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around the world. BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola.

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

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The alternative scenario assumes that Asia’s fast-growing economies—the PRC, India, Indonesia, and Viet Nam—will fall into the middle income trap of slowing growth rates and stagnating income levels over the next 5 to 10 years. —Asia 2050.

Asia 186
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15 Graphs That Explain the State of AI in 2024

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And they have a hefty carbon footprint The AI Index team also estimated the carbon footprint of certain large language models. The report notes that the variance between models is due to factors including model size, data center energy efficiency, and the carbon intensity of energy grids.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236