With China’s economy slowing on the back of a strict Covid-19 containment strategy, there are concerns about the effects this might have on several emerging markets.
Indonesia
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As demand for renewable energy grows globally, several emerging markets are positioning themselves as leaders in exporting solar power.
Economic update | Mining and electric vehicles: what can be done to reduce the carbon footprint?
27 Apr 2022
Indonesia has taken another step forward in its quest to become a leading electric vehicle (EV) player, with the world’s two largest producers of EV batteries recently announcing major projects in the country. However, the developments highlight the paradoxical centrality of carbon-intensive mining to EV production, despite hopes that the EV production process could be further decarbonised.
A recent report found that relatively few companies in the Asia-Pacific region have adopted net-zero carbon emission strategies to date. Nevertheless, there are grounds for cautious optimism as pacesetters in the region announce ambitious targets and experiment with innovative decarbonisation strategies.
Indonesia’s environmental, social and governance (ESG) and UN Sustainable Development Goal (SDG) priorities centre on the affordable transition to renewable energy, socio-economic growth beyond Jakarta, and improved governance in both the public and private sector.
Economic update | Which emerging markets are looking to bolster electric vehicle production?
10 Mar 2022
As demand for environmentally sustainable transport grows, a number of emerging markets are ramping up their efforts to incentivise the sale and production of electric vehicles (EVs).