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The last time we sent this newsletter, the US was still part of the Paris agreement, the air was in slightly better condition for most of South Asia, and Indonesia’s Just Energy Transition Partnership with the US and Japan remained intact.
But January felt like it lasted a year. For this newsletter, we give you an updated look of these events that have dictated the direction of 2025’s climate talks.
Safe to say, for the year ahead, good intentions may only get us so far. Asia and the rest of the world may have to start working double-time to combat the climate crisis.
— Elyssa
THE BIG STORY
Why Indian EV players are charging into the SEA opportunity
Photo credit: PradeepGaurs / Shutterstock
By 2035, Southeast Asia’s EV sector is estimated to generate at least US$80 billion in revenue. It’s no surprise, then, that despite fierce competition from Chinese and local players, India’s EV makers are keen to take a slice of the region’s growing market.
DEEP READ
Donald Trump’s exit from Paris climate accord has ‘huge impact,’ says Brazil’s COP30 chief
Image credit: Timmy Loen
André Corrêa do Lago, head of the 2025 United Nations Climate Change Conference (COP30), said it will be “much more difficult” to limit global warming after the US’ exit from the Paris agreement. After all, the US is the second-largest contributor to emissions in the world, after China.
The decision has also influenced smaller countries to do the same. Argentina and Indonesia have raised the possibility of following the US’ footsteps in withdrawing from the treaty.
TRENDING NEWS
STARTUP WATCH
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