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Financing a Fossil Future: Tracing the Money Pipeline of Fossil Gas in Southeast Asia

Financing a Fossil Future: Tracing the Money Pipeline of Fossil Gas in Southeast Asia

Amid record-high fuel rates and a raging climate crisis, Southeast Asia is spiraling into a fossil future thanks to a massive fleet of gas projects, risking the region’s energy security, biodiversity, and any and all hope to limit global temperature rise to less catastrophic levels. This report published by CEED and partners dives into fossil gas projects and companies in SEA and the institutions that bankrolled their destructive activities through financial services from 2016 to 2022.
NEW REPORT on fossil gas financing in SEA
OPINION: Confronting the new carbon bomb in Southeast Asia

OPINION: Confronting the new carbon bomb in Southeast Asia

At the start of a new decade, "Southeast Asia chose its path away from coal...The hope to achieve the 1.5°C global goal became more realistic. Unfortunately for the country and the region, that was not the end of the story." A massive expansion of the fossil gas industry looms over Southeast Asia, driving us away from what could have been a swift transition to renewables. CEED's Gerry Arances writes: “We do not inherit the earth from our ancestors; we borrow it from our children”. We owe it to our children and their children, and grandchildren to overcome this new challenge.' Read more on this article with Thomson Reuters Foundation News.
OPINION: Confronting the new carbon bomb in Southeast Asia
Energy in Our Hands

Energy in Our Hands

CEED is turning 6, and in gratitude to all who gave meaning to another year of CEED’s journey, we wish to share with you stories from some of the communities who today are taking on the challenge of pushing forward clean, affordable, and accessible energy for all. Read more here on the Likas Kayang Enerhiya para sa Sambayanan project in Oriental Mindoro, Negros Occidental, and Sarangani.
Energy in Our Hands
Switching On Transformative Energy | Report

Switching On Transformative Energy | Report

The worsening climate crisis, lingering pandemic, and increasingly unreliable and inequitable energy systems provide the Philippines an unparalleled opportunity to rethink its energy sector, and sustained reliance on fossil fuels would only keep the country from reaping the full benefits of its readily available renewable energy sources. CEED explores this in its latest report: Switching On Transformative Energy.
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Why the PH natural gas development bills are climate-blind | Policy brief

Why the PH natural gas development bills are climate-blind | Policy brief

In renewable energy-rich and climate-vulnerable Philippines, both houses of Congress are deliberating bills that seek to develop the midstream and down-stream fossil gas industries. bridge, in the country’s low-carbon transition. While we have yet to fully phase-out the coal industry, the single largest driver of the climate emergency, we are yet again developing another fossil fuel without a clear phase-out plan in sight.
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Say hi to the CEED team!

Say hi to the CEED team!

The Center for Energy, Ecology, and Development is a research institution that advocates for energy democracy, ecological integrity, and a people-centered development path. A young organization established in 2015, CEED is composed of individuals with a heart for the environment and for the people.