{"id":170724,"date":"2025-12-06T04:13:10","date_gmt":"2025-12-06T04:13:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/170724\/"},"modified":"2025-12-06T04:13:10","modified_gmt":"2025-12-06T04:13:10","slug":"issue-174-asian-utilities-ill-prepared-for-climate-risk-compliance-sparks-demand-for-carbon-credits","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/170724\/","title":{"rendered":"Issue 174: Asian utilities ill-prepared for climate risk; compliance sparks demand for carbon credits"},"content":{"rendered":"<p>This week in ESG: MSCI, Asia Investor Group on Climate Change analyse power sector\u2019s exposure to climate damage; carbon exchange Climate Impact X launches Corsia contract<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Climate action<\/p>\n<p>Asian utilities slow to confront climate risk  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/12\/938d5f47b5f7ff029b9b6167639b2a7f5b54588858edd8f805985ecf816c46e4.webp\" alt=\"\" height=\"630\" width=\"945\" class=\"block max-w-full w-full\"\/>  <\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Asia might need to grow up when it comes to protecting its <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.businesstimes.com.sg\/esg\/asian-utility-companies-face-climate-driven-losses-us8-4-billion-2050-report\" target=\"_blank\" rel=\"nofollow noopener\">power sector<\/a> against climate-related loss and damage, a new report suggests.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Eleven major power-sector players in Asia are currently losing US$6.3 billion a year to climate-related asset damages and business disruptions, says report authors MSCI and the Asia Investor Group on Climate Change (AIGCC). The annual cost could climb 33 per cent to US$8.4 billion by 2050.<\/p>\n<p class=\"font-lucida text-xl font-medium italic leading-normal -tracking-5% text-gray-850\">Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.<\/p>\n","protected":false},"excerpt":{"rendered":"This week in ESG: MSCI, Asia Investor Group on Climate Change analyse power sector\u2019s exposure to climate damage;&hellip;\n","protected":false},"author":2,"featured_media":170725,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[242,85,46,141],"class_list":["post-170724","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-environment","tag-il","tag-israel","tag-science"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/170724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=170724"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/170724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/170725"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=170724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=170724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=170724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}