Green stimulus and international investment continue to spur climate action, while solar power makes gains in Australia.
Access to European Union stimulus funds for Europe’s recovery plan will require alignment with green goals, writes Bloomberg.
Indonesian government is to use a climate fund from Norway to achieve a target of reducing emissions by 29% on a self-reliant basis, or 41% through international assistance. The fund marks a decade of Indonesian-Norwegian cooperation, writes Antara news.
Large-scale solar to lead Australia’s renewable energy revolution, with 135% growth last year, writes Mark Ludlow at the Australian Financial Review.
Survey work will soon begin on an ambitious plan to export power from a giant solar farm in Australia to Singapore via a 3,800 kilometre undersea cable, reports The Edge Market.
Malaysia government will offer a solar quota of 1,000MW. The program will generate RM4 billion and create 12,000 job opportunities, writes Zahratulhayat Mat Arif at the New Straits Times.
The International Monetary Fund says investors are not paying enough attention to the climate crisis, reports the Guardian.