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Governments are due to agree reforms to a treaty that allows energy companies to sue states for lost profits and could be used to claim damages if they move to phase out fossil fuels.
S–Ray ESG ratings (ASIA)
Weekly Top 5 Movers
601669 Power Construction Corporation of China, Ltd. Clas 15.23%
601009 Bank of Nanjing Co., Ltd. Class A 14.73%
BAFS Bangkok Aviation Fuel Services Public Co., Ltd. 14.10%
601985 China National Nuclear Power Co. Ltd. Class A 11.95%
3690 Meituan Class B 11.85%
Weekly Flop 5 Movers
8088 Iwatani Corporation -7.86%
975 Yintai Gold Co., Ltd. Class A -6.10%
600968 CNOOC Energy Technology & Services Ltd. Class A -5.88%
2939 China Great Wall Securities Co., Ltd. Class A -5.36%
603707 Nanjing King-friend Biochemical Pharmaceutical Co. -5.24%
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Developing countries were especially upset by a lack of concrete progress on setting up a fund to help them deal with rising losses and damage driven by climate change.


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We are at the stage where we need real world decarbonisation, not just portfolio decarbonisation from individual institutions. Of course you can push the problem off your balance sheet [through asset divestment], but that does not solve the urgent problem of climate change.


rice farmers in Kuttanad, india
The global food industry, which leaves a tenth of the world hungry and causes obesity elsewhere, needs a rapid transformation in the face of climate change and mounting food security risks.

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Women sift sand, hunting for tiny plastic pellets and other debris still washing ashore since the sinking of the X-Press Pearl, a vessel containing chemicals and plastics, in May 2021 off the coast of Colombo, Sri Lanka
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Trying to lead a more sustainable lifestyle is often fraught with controversy, contradiction and hypocrisy, and tackling big problems like climate change and social inequality can seem futile. But there are some things you can do to make a difference in the Year of the Tiger. Here are 22 of them...
Oil platform, Mumbai, India
Realising it’s now or never, the global gas industry is making a determined push to develop infrastructure across Asia as climate targets tighten and renewables become more competitive.
A wall decorated with zoo animals masks construction on the other side.
Recent outcry over deforestation in the city-state has started a conversation about where forests fit in the future of a metropolis that aims to be a ‘city in nature’.

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