Using circularity strategies, they develop sustainable materials that substitute for traditional cement, concrete, and steel that require huge amounts of energy to produce.
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The region is strategically located as a gateway to the People’s Republic of China, Japan, and ASEAN markets, including the BIMP-EAGA subregion.
Initiatives include shifting to sustainable aviation fuel and more environment-friendly transportation modes, such as electric vehicles.
This entails collaboration among digital economy companies, stakeholders, and regulators on market, technological, and institutional development.
The country's shift to net zero is seen to propel high-impact industries, including MSMEs, as well as attract investments and generate job opportunities.
Carbon pricing reveals the true costs of fossil fuels, making it an effective tool to help communities choose low-carbon products and advance governments' net-zero goals.
Protecting and strengthening blue carbon ecosystems, developing offshore renewable energy, and decarbonizing domestic shipping all have potential to significantly reduce emissions.
The project takes into account future climate change impacts and incorporates nature-based solutions.
The concessional fund is designed to support projects that enhance food security while also protecting and restoring natural capital.
Low demand for manufacturing exports affected particularly the more open, bigger, and trade-oriented economies.
The hub aims to attract at least $2 billion into investment programs that incorporate nature-based solutions.
Southeast Asian countries lay the groundwork for the sustainable use of ocean and coastal resources in the region.
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