AIRLINK 74.60 Decreased By ▼ -0.65 (-0.86%)
BOP 5.14 Increased By ▲ 0.03 (0.59%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DFML 33.00 Increased By ▲ 0.47 (1.44%)
DGKC 88.90 Decreased By ▼ -1.45 (-1.6%)
FCCL 22.55 Decreased By ▼ -0.43 (-1.87%)
FFBL 32.70 Decreased By ▼ -0.87 (-2.59%)
FFL 9.84 Decreased By ▼ -0.20 (-1.99%)
GGL 10.88 Decreased By ▼ -0.17 (-1.54%)
HBL 115.31 Increased By ▲ 0.41 (0.36%)
HUBC 136.63 Decreased By ▼ -0.71 (-0.52%)
HUMNL 9.97 Increased By ▲ 0.44 (4.62%)
KEL 4.63 Decreased By ▼ -0.03 (-0.64%)
KOSM 4.70 No Change ▼ 0.00 (0%)
MLCF 39.70 Decreased By ▼ -0.84 (-2.07%)
OGDC 138.96 Decreased By ▼ -0.79 (-0.57%)
PAEL 26.89 Decreased By ▼ -0.76 (-2.75%)
PIAA 25.15 Increased By ▲ 0.75 (3.07%)
PIBTL 6.84 Decreased By ▼ -0.08 (-1.16%)
PPL 122.74 Decreased By ▼ -2.56 (-2.04%)
PRL 27.01 Decreased By ▼ -0.54 (-1.96%)
PTC 14.00 Decreased By ▼ -0.15 (-1.06%)
SEARL 59.47 Decreased By ▼ -2.38 (-3.85%)
SNGP 71.15 Decreased By ▼ -1.83 (-2.51%)
SSGC 10.44 Decreased By ▼ -0.15 (-1.42%)
TELE 8.65 Decreased By ▼ -0.13 (-1.48%)
TPLP 11.51 Decreased By ▼ -0.22 (-1.88%)
TRG 65.13 Decreased By ▼ -1.47 (-2.21%)
UNITY 25.80 Increased By ▲ 0.65 (2.58%)
WTL 1.41 Decreased By ▼ -0.03 (-2.08%)
BR100 7,821 Increased By 18.3 (0.23%)
BR30 25,577 Decreased By -238.5 (-0.92%)
KSE100 74,664 Increased By 132.8 (0.18%)
KSE30 24,072 Increased By 117.1 (0.49%)

Countries in South and Southeast Asia must end their reliance on coal power plants and switch to clean energy in order to meet pledges to curb climate change and tackle air pollution, researchers said on Thursday. A study from Perth-based think tank Climate Analytics warned that failure to do so threatened a global goal to limit warming.
"Plans for major new coal deployment in these regions alone could put the Paris Agreement objectives out of reach given that countries in South and Southeast Asia account for half of the world's planned coal power expansion," report author Paola Yanguas Parra said in a statement. The 2015 Paris accord set a goal to limit average global temperature rise to "well below" 2 degrees Celsius (3.6F) above pre-industrial times, and to "pursue efforts" for 1.5C.
The study said investing in renewables, like solar and wind, would mitigate the effects of climate change such as droughts and crop failure, boost economic growth, improve access to electricity, clean up air and bolster water supplies.
Asia-Pacific, home to two-thirds of the world's people, is experiencing rising urbanisation, population and economic growth, leaving nations scrambling to provide enough electric power while keeping promises to cut heat-trapping emissions.
With an abundance of locally produced cheap coal, the region is bucking the global trend towards finding cleaner alternatives to burning fossil fuels which emits greenhouse gases.
Bill Hare, Climate Analytics' chief executive officer, warned southern Asia was heading towards huge growth in its emissions. "(But it) has a massive amount of potential renewable energy - enough to supply its electricity needs many times over," he told the Thomson Reuters Foundation. The study funded by the Global Environment Facility covered eight South Asian nations, the 10 countries in the Association of Southeast Asian Nations, East Timor and Papua New Guinea.
It analysed the benefits of investing more in renewable energy and electric vehicles, including less air pollution, lower water demand and economic gains from reduced oil imports, Hare said.
Local-level clean energy systems - like solar water pumps in India - were also helping bring electricity to people faster than large-scale coal power plants, he said. Lawmakers should reform policy and regulation to foster decentralised renewable power production, alongside incentives to ditch fossil fuels, he added. In addition, limiting warming to 1.5C would greatly reduce the risk of drought and water stress in southern Asia, helping achieve global goals to end hunger and provide clean water and sanitation, said Fahad Saeed, a scientist at Climate Analytics.
It would also ease the threat of flooding for large numbers living in coastal regions and alleviate extreme heat that would otherwise harm health and labour productivity, particularly in densely populated cities in South Asia, he said.

Copyright Reuters, 2019

Comments

Comments are closed.