Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe

Business, Video

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Asia green business market to hit $5 trillion by 2030

Asia has 45 percent of the global share of installed renewable energy (RE) capacity.
By TRENDS Desk
October 9, 2022 7:40 pm
  • Around $3.1 trn will need to be spent per year on average on physical assets for energy and land-use systems from 2020 to 2050.
  • Vehicle electrification could contribute 10 to 15 percent of the abatement potential needed by 2050, lowering emissions by roughly six GtCO2e.

McKinsey has said that across Asia-Pacific (APAC), more than 15 countries and 670 companies have set (or are committed to setting) emission-reduction targets, thereby creating new investment opportunities in green technology. Asia also boasts an extensive nature-based capital asset that can play a significant role in contributing to net zero, while simultaneously preserving biodiversity and ecosystem functions, the firm said. TRENDS takes a look at the green opportunities in the continent:

Most Read