crucial to ensure this infrastructure is not supporting continued fossil fuel electricity generation. At the same time, this infrastructure is vital for the decarbonisation of other sectors. For industrial
as a generation technology as a well as a form of solid, liquid or gaseous fuel. By replacing fossil fuels, the use of biomass/biofuel can reduce GHG emissions in the power, heat and transport sectors
% in the domestic. A slight drop in the domestic was due to the sluggish demand as major business activities interrupted and curfew measures implemented during late March to June in Thailand to confine
landfill, avoid emissions linked to resource extraction and production using virgin materials, and offer an alternative energy source to fossil fuels. Accounting the whole lifecycle, incorporating the
emissions as green, as long as the vehicles are not used to transport fossil fuels. Heavy-duty vehicles that have specific CO2 emissions of less than half of the reference CO2 emissions of all vehicles in the
green asset for the ASEAN region, and shall not be used for fossil fuel power generation projects The ICMA’s Green Bond Principles (GBP) are voluntary process guidelines that recommend transparency and
flaring Early fossil fuel plant closure Upgrading gas networks for green hydrogen e.g. For Electrical utility: Financing credible transitions Climate Bonds Initiative 2020 3 Who should use the transition
://ourworldindata.org/co2-emissions, IPCC climate science report (2021), Climate Action Tracker https://ourworldindata.org/co2-emissions 8 Burning fossil fuels ● Driving / flying ● Making goods ● Growing food
green asset class for the ASEAN region, the Issuer or issuance of the green bond must have a geographical or economic connection to the region. • Ineligible Projects Fossil fuel power generation projects
projects such as wind or solar energy generation are common, and achieve avoided emissions compared to energy generation using fossil fuels. Banking (Bank): Financial institutions that mostly undertake