Where should corporations focus their renewable energy procurement if they are concerned about carbon emissions?

China and India are the two most populous countries in the world, with developing economies that require increasing energy generation to keep up with demand.  The problem? Both markets have the highest carbon intensity of electricity grids in the region and are projected to continue adding new coal capacity in the coming years.   In fact, according to the World Economic Forum, coal consumption in China, India and other Asian nations account for approximately 75% of global coal demand. As the EU and US accelerate away from coal, their behavior will have less of an impact on the global coal industry’s future. Without significant changes, however, Asia’s coal consumption growth could have serious implications for the planet.

With each step toward 100% renewable energy, there is an opportunity to push the industry forward with higher standards and support projects that have the most positive impact. While corporate demand continues to grow and extend its reach to nearly every country globally, companies must signal to the industry that quality matters just as much as quantity. This article looks at the 3 Steps to Increasing The Positive Impact of Your Renewable Energy Commitment

Welcome to Insights, a destination for corporate decarbonization news , information and perspectives from Apala Group!

The coming decade represents a critically important time to accelerate decarbonization activities and support the transition to clean energy economies. We intend to use this space to provide relevant information and insights on renewable energy transactions and markets in Asia and Latin America.