SINGAPORE: South-East Asia is “woefully off track” on green investments to reduce emissions and needs new policies and financial mechanisms to help bridge the gap, the global consultancy Bain & Co says.
With energy consumption in the region expected to grow by 40% this decade, climate-warming carbon dioxide emissions remain on the rise, with the region still dependent on fossil fuels, according to an annual report compiled by Bain, green investment group GenZero, Standard Chartered Bank and Temasek.
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