The Correlation of Climate Change and Conflict
In a milestone study in 2015, researchers analysed a total of 55 studies and discovered that changes in temperature and rain patterns heighten the risk of conflict. The results published stated that a rise in temperature by just a mere degree celsius increases conflict between individuals by 2.4 per cent and conflict between groups by […]
Carbon credits conundrum: What’s left for countries hosting carbon projects as VCMs develop?
As efforts to develop Article 6-compliant carbon markets step up and voluntary carbon market activities develop, host countries are becoming increasingly concerned about the impact that international carbon projects may have on their future. While concerns differ from country to country, governments are interested in securing fair compensation for local communities involved in voluntary carbon […]
How The National Debt Affects Your Investments
How much does the national debt of a country affect the stock market? You’d be surprised. But first. What is the Difference Between National Debt and Budget Deficit They aren’t the same thing. The national debt is essentially IOUs incurred by a government that hasn’t been repaid yet. At the same time, a budget deficit […]
Indonesian steelmaker senses opportunity in capital relocation
Indonesia’s largest privately owned steelmaker will spend more than 1 trillion rupiah ($66.8 million) to increase production as demand for steel swells, in part due to construction projects related to the relocation of key government functions to the island of Borneo, Gunung Raja Paksi’s top executive told Nikkei Asia. “We expect demand from Indonesia’s capital […]
Cement Industry Decarbonisation Pathways to Meet Paris Agreement Emission Targets
Cement is one of the largest consumed products globally, as it is a key component of concrete, used in every structure. The cement industry is also one of the largest emitters of carbon, accounting for 6-8% of the global total. Decarbonisation in the cement industry is particularly challenging since a major portion of emissions arises […]
Growing Importance of Slag Cement in the Global Cement Industry
Slag cement, also called ground granulated blast furnace slag (GGBFS), is the cement that enhances traditional concrete benefits of strength and durability while reducing waste, energy use, and greenhouse gas (GHG) emissions. It is used in construction applications in conjunction with traditional Portland cement, as part of blended cement, or as stand-alone cement. It usually […]
Greening the Steel: Innovation in Steel Industry
Steel is an essential commodity for society given its properties such as recyclability, durability and versatility. However, a heated debate is ongoing on the role of steel in the transition to a low-carbon economy. Steel-making is highly carbon-intensive and accounts for 9% of direct emissions, higher than the combined levels emitted by the automobile and […]
EV Battery Opportunity in Indonesia
Indonesia has the potential to become a major player in the electric vehicle space, particularly in the EV battery industry. It has the largest nickel reserves in the world. Nickel is an important raw material in the battery and electric cars industry. The archipelago is home to about one-fourth of the global nickel reserves, offering […]
Gunung Capital sets its sights on ESG assets with $500 million war chest
When it comes to decarbonisation, investment firm Gunung Capital believes firmly it should begin at home. The private investment company aims to invest $500 million in environmental, social and governance (ESG) assets, with a portion earmarked for decarbonisation initiatives for the steel business of its Indonesia-based portfolio company Gunung Raja Paksi (GRP), said Gunung Capital’s […]
Indonesia Carbon Tax : The Future of Steel Industry
Indonesia Carbon Tax : The Future of Steel Industry Indonesia is the 6th largest carbon emitter in the world; it is also an archipelagic country with more than 17,000 islands and is vulnerable to climate change risks such as rising sea levels. According to Indonesian Ministry of Development (2021), Indonesia experiences a sea-level rise of […]
