China Signals Economic Reorientation with Projected 6.5% GDP Target Amid Quality-Focused Transition

The People’s Republic of China is poised to target a Gross Domestic Product (GDP) growth rate of approximately 6.5 percent for the upcoming year, a strategic adjustment reflecting the nation’s…

BAIC Group to Phase Out Conventional Fuel Vehicles Under Its Own Brand by 2025, Accelerating NEV Transition

Beijing Automotive Group Co (BAIC Group), one of China’s prominent state-owned automakers, has declared an ambitious strategic shift towards electrification, committing to phase out the production and sale of conventional…

Asian Infrastructure Investment Bank Launches Landmark $250 Million Green Financing for Beijing’s Coal-to-Gas Transition

The Asian Infrastructure Investment Bank (AIIB) announced a significant $250 million loan on Monday, marking its inaugural investment in China and its first corporate financing deal, to bolster a critical…

Greenpeace Activists Show Red Cards to Hyundai Motor Group Over Human Rights, Labor Exploitation, and Slowed EV Transition

SEOUL – Greenpeace activists unfurled symbolic referee red cards today at the Hyundai Motor Group headquarters, targeting the automotive giant’s prominent sponsorship of the FIFA World Cup. The protest, a…

BAIC Group Accelerates Green Transition with Ambitious Conventional Fuel Car Phase-Out and Major Innovation Investment

Beijing Automotive Group Co. (BAIC Group), one of China’s leading state-owned automotive manufacturers, has unveiled an ambitious strategic pivot towards new energy vehicles (NEVs), declaring its intent to entirely phase…

South Korea’s Energy Transition Plan Criticized by Greenpeace as Insufficient Amidst Global Fossil Fuel Volatility

SEOUL – In the wake of the Ministry of Climate, Energy, and Environment’s unveiling of the "Energy Transition Promotion Plan" on April 6th, Greenpeace East Asia has issued a strong…

BAIC Group Accelerates Transition to New Energy Vehicles, Phasing Out Conventional Fuel Cars by 2025

Beijing Automotive Group Co (BAIC Group), one of China’s leading state-owned automotive manufacturers, has unveiled an ambitious strategy to entirely phase out the production and sale of conventional fuel-powered vehicles…

Greenpeace East Asia Seoul Calls for Urgent Transition to Renewable Energy Amidst Iran War-Triggered Economic Crisis

SEOUL – Greenpeace East Asia’s Seoul office has issued a stark warning and an urgent plea to the South Korean government, urging an immediate abandonment of fossil fuel dependency and…

South Korea’s Energy Transition Plan Criticized by Greenpeace as Insufficient Amidst Fossil Fuel Volatility

SEOUL – In the wake of the Ministry of Climate, Energy, and Environment’s release of the "Energy Transition Promotion Plan" on April 6, Greenpeace East Asia has voiced strong criticism,…

The Trump-Netanyahu War Against Iran Triggers Economic Crisis, Greenpeace East Asia Urges South Korea to Accelerate Renewable Energy Transition

SEOUL – A burgeoning conflict initiated by the United States and Israel against Iran has plunged the global economy into a severe crisis, echoing and surpassing the oil shocks of…