ThomasLloyd Group

In the midst of global turbulence, marked by the aftermath of the pandemic and geopolitical shifts, #Asia emerges as a pivotal player. Business leaders express optimism but acknowledge the need for strategic adjustments. The region's trade dynamics, particularly amidst rising tensions, are crucial, impacting technology flow and innovation. While Asia leads in manufacturing, it faces challenges in #energytransition and ageing demographics. Innovation and productivity are highlighted as essential for sustained growth, yet capital mobilisation and debt issues loom. Navigating these complexities will determine Asia's role in shaping the new global order. Success hinges on leveraging its historical dynamism and adaptability. Read more at: https://lnkd.in/dHMmTvpQ #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass  

Indonesia's sovereign wealth fund, INA, targets up to $1bn investment this year, prioritising #GreenEnergy, aiming to position the country as a hub for #energytransition. With vast nickel reserves, INA explores EV ecosystem, geothermal energy investments, and funding early coal power plant retirements. It eyes partnerships for nickel mining and battery manufacturing outside China. INA's focus aligns with Indonesia's drive for downstream sector development. Recently rated 'BBB' by Fitch, INA seeks offshore financing, enhancing investor confidence. It’s a pivotal step towards Indonesia's sustainable growth and global investment collaboration.   Read more at: https://lnkd.in/dt6cw-Ya #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass

The IPCC emphasises the critical role of CO2 removal (#CDR) in achieving #NetZero by 2050, spotlighting its potential to neutralise residual emissions. Urgent action is needed, with estimates pointing to a substantial CDR capacity required by 2050. Both nature-based and technology-based solutions are pivotal, offering unique advantages. Nature-based options promise cost-effectiveness and long-term balance, while technology-based solutions ensure durable removals. Businesses must swiftly integrate #CDR into their strategies to meet net-zero commitments. It's a call to action for innovation and collaboration to combat climate change effectively. Read more at: https://lnkd.in/dCWV6hsu #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #climatesolutions  

Elections worldwide in 2024 are poised to shape the #energytransition's trajectory, impacting domestic policies and international climate efforts. Key contests in the US and Europe hold significant sway over #cleanenergy incentives and climate diplomacy. The US election, especially, could influence China's dominance in low-carbon technology supply chains. Meanwhile, India's election may accelerate #green investment, with Modi's approach balancing economic development and climate action. Election outcomes vary, with Brazil and Australia leaning towards green policies, while Argentina and New Zealand backtrack. Shifts in the EU, UK, and Mexico also signal potential changes in climate strategies. Read more at: https://lnkd.in/gJv2u8Qs #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass

Explorer and environmentalist Bertrand Piccard emphasises the importance of #energyefficiency alongside #renewableenergy. He highlights that three-quarters of global energy is wasted due to inefficiencies. He emphasizes that shifting solely to renewables without improving efficiency is futile. Piccard notes that approximately three-quarters of global energy is squandered due to inefficiencies. He urges a broader consideration of renewable sources beyond #wind and #solar, like #biogas and geothermal energy. Piccard warns of missed green energy targets if efficiency isn't prioritised. He discusses the paradox of China's oversupply of solar panels, acknowledging both benefits and challenges. Despite concerns, he credits China for driving down solar energy costs, essential for renewable energy advancement. Read more at: https://lnkd.in/eausppnx #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass

A recent report by the Debt Relief for Green and Inclusive Recovery Project (DRGR) highlights that emerging countries face a daunting challenge. They're projected to spend a staggering $400 billion on servicing external debt this year alone. However, 47 of these nations risk default within five years if they divert funds towards climate adaptation and sustainable development, crucial for meeting 2030 Agenda and Paris Agreement goals. The report urges a global financial overhaul, debt forgiveness, and increased affordable financing to avert a looming crisis. It also calls for IMF to reconsider its debt sustainability assessments to factor in climate spending needs. Read more at: https://lnkd.in/d8Vim8Ez #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass  

Southeast Asia is witnessing a resurgence in cross-border energy projects, notably the #ASEAN Power Grid (APG). However, there's growing discourse on ensuring a just transition, addressing socio-economic impacts. Projects offer economic benefits but also raise environmental and social concerns. The Just Energy Transition Partnership (#JETP) allocates funds to Indonesia and Vietnam for #renewableenergy transition. National frameworks emphasize domestic grid development, aligning with just transition principles. Incorporating community participation and grievance mechanisms in APG implementation could mitigate negative impacts. Despite challenges, integrating just transition principles can enhance the sustainability of cross-border energy initiatives in Southeast Asia. Read more at: https://lnkd.in/dybU3qGb #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass

Vietnam's new Hydrogen Energy Strategy aims to revolutionize its energy sector, aligning with #sustainability targets. Enacted on February 7, 2024, it outlines goals until 2030 and a vision for 2050. Key objectives include transitioning power plants to hydrogen, advancing #carboncapture, and enhancing hydrogen production. By 2030, they aim to integrate hydrogen into various sectors like transportation and industry. By 2050, they envision a significant shift to #greenhydrogen, aiming for 10% of energy consumption. The strategy emphasizes policy, investment, technology, and international cooperation to realize these ambitious goals, fostering a cleaner, more sustainable energy future for Vietnam. Read more at: https://lnkd.in/e6ymUfFP #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass  

India's #hydroelectric power sector is set for significant growth, targeting to increase its capacity to 67 GW by 2031-32, with 15 GW currently under construction. Challenges include decreased rainfall affecting generation, exacerbated by natural calamities like flash floods. However, optimism remains, with predictions of a favourable monsoon in 2024-25 to improve reservoir levels. #PumpedStorageProjects (PSPs) are pivotal in this transition, acting as 'Water Batteries' to balance the grid. India is committed to accelerating hydropower development to meet its ambitious renewable energy targets outlined in the Nationally Determined Contributions (NDC) under the #COP Paris Agreement. Read more at: https://lnkd.in/dERsyVhA #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass

In today's era of escalating energy demands, #renewableenergy sources are at the forefront of discussions among energy professionals. Despite significant advancements, challenges like intermittency persist, prompting the need for innovative solutions. Yet, renewables offer profound environmental, economic, and societal benefits, with emerging technologies promising increased reliability. The integration of smart grid systems and energy storage solutions is transforming the landscape, paving the way for a sustainable future. As renewable energy continues to gain momentum, professionals must actively engage in its development to drive progress towards a resilient energy future. Read more at: https://lnkd.in/dC4iQsBv #thomaslloyd #renewableenergy #infrastructure #esg #netzero #asia #climatechange #sustainability #emergingmarkets #energytransition #electricity #biomass