Tina Thomas, PhD, MBA

Pleased to share Energy Shift Institute's independent review of CIMB's Net Zero Target for Oil & Gas -- a step forward in defining what credible transition finance can look like in a fossil fuel-reliant region like Southeast Asia. Too often, climate targets sit in glossy reports but fall short on the practicalities. This review was an opportunity to engage in grounded, regionally-informed thinking on what ambition, realism and accountability mean in financial decision-making. Thanks to CIMB for inviting us into the process -- and for helping to move the conversation beyond commitments into the realm of credible action.

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Asean Centre for Energy must study low-carbon options for regional power grid: experts The idea for an interconnected Asean Power Grid (APG) may be more than two decades old, but the time is ripe for an in-depth study to be conducted on its decarbonisation pathways, say experts. #energytransition #decarbonisation #ASEANpowergrid #affordableenergy #cleanenergy #emissionreduction #netzeroemissions #2050 #renewableenergy X-PM ASIA X-PM WIL Group - Worldwide Interim Leadership Mike Magee Ronald Kleer Soumitra Banerjee Shon Laird Helen Wibawa Eric Feddal Eric-Jean PANKOWSKI Samuel CHAUFFAILLE Didier Borel Ali Kassaï Koupaï Alice Lefèvre Laurine Catry Peter Massion Benoit Cornu Philippe Enxerian Philippe Deljurie Xavier de Carniere Olivier DUFFOUR Jérôme Labrosse Justin Derbyshire Richard Pellet Grant Collins Philippe Montagné Ted Toth Pascale Dillon, GAICD Krish Buchet Christophe BERNE Christophe DIVI Pierre Coupard Michele Anne Minjoot Nicholas Kolesch Claire Monod Lionel Bordarier Naomin Tan Patrick Mercanton MIEL HORSTEN

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Since Civil Aviation Authority of Singapore launched Singapore's Sustainable Air Hub Blueprint in February 2024, along with the SAF blending target of 1% from 2026, rising to 3–5% by 2030, we have been working hard to translate policy intent into potential investable, scalable projects on the ground. This entails rigorous techno-economic work, stakeholders engagement, and platform partnerships. Deep decarbonisation only happens when it can be delivered competitively and at scale. I am pleased to share that Keppel (Infrastructure Division) has partnered Aster to develop one of Asia’s first commercial-scale Ethanol-to-Jet (EtJ) SAF facilities, with a planned capacity of up to 100,000 tonnes per year, subject to FID and regulatory approvals. With SAF becoming mandatory for all flights departing Singapore from 2026, Asia will need reliable, large-scale production close to major aviation hubs. Our proposed facility on Jurong Island will deploy best-in-class technology to convert low-carbon bioethanol into CORSIA-compliant SAF, with flexibility to adapt as regional feedstock markets evolve. A prior feasibility study has validated the project’s technical and commercial viability. We now move into FEED to refine capex, financing and offtake structures, with strong support from agencies including Singapore Economic Development Board (EDB) and Enterprise Singapore. We look forward to working with regulators, airlines, financiers and ecosystem partners to turn this development into reality and to help chart a more sustainable flight path for Asia and the world. #SustainableAviationFuel #EnergyTransition #Singapore #JurongIsland #Aviation #Decarbonisation #CORSIA 🔗 Launch of Singapore Sustainable Air Hub Blueprint https://lnkd.in/gR44m2fq 🔗 Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant https://bt.sg/ztKx 📷 AI-generated image. Company logos are illustrative and not official.

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The Monetary Authority of Singapore (MAS) has closed $510 million of funds dedicated to energy transition investments. The funding, raised through Financing Asia's Transition Partnership (FAST-P), involves investors including Export Finance Australia, IFC - International Finance Corporation, FMO - Dutch entrepreneurial development bank, HSBC, Temasek, British International Investment, Bank of the Philippine Islands (BPI) and Allied Climate Partners. Renewables, EV infrastructure, transport, and water and waste management in Southeast Asia are some of the focusing areas. For more: click the link below, then sign in, subscribe or take a free trial. Free for finance professionals at corporates and SMEs. #transition #finance https://lnkd.in/gy-hXCxv

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I recently spoke at The Battery Storage Asia 2026 Conference in Hong Kong 🇭🇰, sharing some holistic thoughts on why, how, and where energy storage becomes applicable in terms of pricing and policies. We covered the three pillars of the future... 1️⃣ Renewable Integration 2️⃣ Grid Transformation and Decarbonisation 3️⃣ Price-based policies, including carbon trading ...and the four focus areas to get us there: ✅ Filling transition gaps ✅ Securing supply chains ✅ Evolving market mechanisms ✅ Green fuels (e.g., hydrogen, methanol, and ammonia) as leveraged opportunities Thank you to Informa, conference producers Julia Gumminger, MSEd, MA, CMP and Jessie Jiang, as well as Marco Frank of TÜV for chairing this track for the day! #EnergyStorage #HongKong #TBSA #cleantech

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""The record-level buildout of renewables over recent years has cumulatively impacted the generation mix and squeezed more coal out, coupled with a milder power demand growth of 5% in 2025," said Peng Chengyao, head of APAC power and renewables research at S&P Global Energy. Power demand had grown by 6.8% year-on-year in 2024, according to the China Electricity Council.(...) The NBS data also showed that hydropower grew at a steady pace, up 4.1% in December and 2.8% for the full year. Nuclear power output rose 3.1% in December and 7.7% in 2025, respectively." https://lnkd.in/ds5H_fhK

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The UK reaffirms its support for the 3rd ASEAN Investment Forum on 24 Oct 2025. The ASEAN–UK Green Transition Fund is helping to grow green investment in ASEAN. #GTF. Explore #UKASEAN collaboration in green investment in the slides. #ThrivingPartnership

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📑 𝗡𝗘𝗪 𝗥𝗘𝗣𝗢𝗥𝗧: 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗜𝗻𝗱𝗼𝗻𝗲𝘀𝗶𝗮'𝘀 𝗰𝗼𝗮𝗹 𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲 𝗶𝗻𝘁𝗼 𝗰𝗹𝗲𝗮𝗻 𝗲𝗻𝗲𝗿𝗴𝘆 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 A new report by the Institute for Energy Economics and Financial Analysis (IEEFA)'s Mutya Yustika highlights innovative approaches to repurpose Indonesia's stranded #coal assets that can accelerate the shift to #renewableenergy. #Danantara, Indonesia’s newly established sovereign wealth fund, can play a pivotal role in the country’s coal transition strategy, particularly given its oversight of PT Perusahaan Listrik Negara (PLN), which is the largest #power utility and coal asset holder. Currently, maintaining inefficient coal assets burdens PLN with high maintenance costs and long-term contracts with Independent Power Producers. Indonesia’s Presidential Regulation No. 112/2022 and Ministry of Energy and Mineral Resources Regulation No. 10/2025 lay the legal and strategic foundation for the early retirement of coal-fired power plants (CFPPs), yet implementation remains slow. "Danantara could drive PLN portfolio optimization by leading CFPP retirement or repurposing through identifying eligible assets, standardizing retirement pathways, and ensuring that #justtransition principles, such as workforce reskilling and community support, are embedded in every phase-out plan,” says Yustika. She adds that there is an opportunity to shift legacy coal assets into platforms for future-ready energy solutions while avoiding capital outlays. It changes the narrative from ‘retirement as a cost’ to ‘retirement as an opportunity’, especially if paired with a clear regulatory framework and government support. 💡 Read more: https://lnkd.in/gz5kBfgU #energytransition #decarbonization #energyfinance

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COP30 negotiations have now concluded, and one positive takeaway is the reaffirmation that climate cooperation is alive and kicking, with a clear desire across stakeholders to keep pushing forward. Against this encouraging backdrop, I’m proud to share that the TRACTION Final Report was published by the Monetary Authority of Singapore (MAS) two weeks ago, marking the culmination of two years of committed effort by TRACTION. It’s a meaningful milestone and a somewhat bittersweet moment as we bring the TRACTION initiative to a close. TRACTION was set up to explore how transition credits could help accelerate the early retirement of coal-fired power plants (CFPPs), a challenging space where integrity, transparency, and reputational safeguards remain critical. It has been an absolute honour and pleasure to co-lead the workstream on building a supply of high-integrity energy transition credits alongside the team at Sylvera (Carmen Álvarez Campo 🌿,Ben Rattenbury) and working with the incredible teams at RMI (Trang Bui) and MAS (Yuanjie Soh). Our goal was to define what high-integrity transition credits should look like and to develop a clear, practical, and credible approach for generating them. Key highlights from the chapter include: • A set of CFPP selection and prioritisation criteria to identify potential CFPPs and markets suitable for energy transition credit generation in Asia • An early study on applying energy transition credits to captive CFPPs in Asia • Key attributes and challenges of Asian power markets and their implications for methodology application • Possible scenarios for the co-existence of project-based and sectoral methodologies With the final report now published, the real work begins: turning frameworks into action and delivering tangible climate and development outcomes. This will depend on continued collaboration across governments, plant owners, developers, buyers, and financiers. If you’re interested in discussing ideas or exploring collaboration opportunities, please feel free to reach out. Full TRACTION report can be found at: https://lnkd.in/gig2zPJ7

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"TransitionZero’s modelling suggested that this approach could transform clean energy procurement into a grid-supporting asset—shifting solar with batteries, exporting surplus to the grid, and easing pressure on gas-fired generation." https://lnkd.in/gH4zJaeq

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In two recent The Business Times (BT) articles, Professor Johan Sulaeman, Director of SGFIN, commented on the effects of US punishing tariffs on Southeast Asian manufacturers in the renewable energy sector. In a BT article titled "Greater ASEAN integration could prevent tariff-induced slowdown in energy transition: observers" ( link - https://lnkd.in/gecdFg4n ), Professor Johan Sulaeman discussed the impact of U.S. tariffs on electric vehicle (EV) supply chain exports from Malaysia and Thailand. He noted that while these exports face lower duties compared to solar products, the tariffs still affect the countries' ability to remain significant players in the EV supply chain. However, he pointed out that EV-related exports from these countries maintain a competitive advantage in the U.S. market compared to those from China, whose EV exports constitute only a small fraction of the U.S. market despite being the world's largest EV exporter. ​ Complementing these observations, another BT article titled "US punishing tariffs put South-east Asian solar exporters in China-plus-one strategy bind" ( link - https://lnkd.in/gdzh5N5K ) featured Professor Johan Sulaeman’s comments on the broader implications of the U.S. tariffs on Southeast Asian solar exporters. He explained that these tariffs disrupt the "China-plus-one" strategy, where companies diversify manufacturing beyond China to Southeast Asia. The tariffs undermine this strategy by targeting Southeast Asian countries, thereby affecting their role in global supply chains. Overall, Professor Johan Sulaeman emphasized that while Southeast Asian countries have benefited from supply chain diversification strategies, the imposition of U.S. tariffs poses significant challenges to their clean energy export sectors, particularly in solar and EV industries. #NUS #SGFIN #NUSBusiness #sustainablefinance #greenfinance #substanability #CleanEnergy #EVs #Solar #EnergyTransition 

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📌 Strategic Outlook: Is Your Carbon Strategy Ready for the 2026 Shift? 󠀠 The Asia-Pacific carbon market is no longer a future concept—it is a present reality. As Singapore’s carbon tax hits SGD 45/t and high-integrity credits drive market value past $1B, the gap between leaders and laggards is widening. 󠀠 Our latest webinar recap captures the critical takeaways from industry experts on the "Flight to Quality" and the emerging Article 6 architecture across ASEAN. 󠀠 🔔 Read the Full Recap: APAC Carbon Markets Enter Decisive Phase in the comments. 󠀠 🚀 Coming Soon: The Ultimate Carbon Intelligence Report While the webinar provided the context, our upcoming flagship report provides the data. On February 26, RECCESSARY will officially release: 󠀠 "Global Carbon Market Trends: 2025 Recap & 2026 Outlook" 󠀠 This comprehensive report is your roadmap to navigating the tightening supply of high-quality assets and shifting regulatory landscapes in Taiwan, Southeast Asia, and beyond. 󠀠 📣 Don't navigate 2026 in the dark. Stay tuned for the release to secure your competitive edge in the low-carbon economy. 󠀠󠀠 #CarbonMarkets #NetZero #APAC #Sustainability #RECCESSARY #esg

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PRESS RELEASE: Today, Amb. Ali Mohamed joined National Climate Change Secretariat, Singapore’s Ravi Menon and Department for Energy Security and Net Zero's Rachel Kyte in announcing the creation of the The Coalition to Grow Carbon Markets during London Climate Action Week. This groundbreaking initiative unites like-minded governments to advance climate action through the credible use of high-integrity carbon credits.   Kenya has been leading the way in creating high-integrity approaches to accessing carbon finance - but for many other developing countries, access to climate finance remains a major barrier to action. High-integrity carbon markets can be a powerful mechanism to unlock investment, and as a Co-Chair of the Coalition, we are dedicated to helping channel much-needed private sector finance into projects that reduce emissions, restore ecosystems, and deliver measurable outcomes for communities and economies around the world.   The Coalition offers an opportunity to bolster markets that not only reduce emissions, but also support sustainable development. We encourage other countries and organisations to join us in this important mission to accelerate global climate action.   Read more about the Coalition here: https://lnkd.in/eCvsHvDk

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EMA, Energy Research Institute @ NTU, and Enterprise Singapore have developed a playbook as a guide for businesses to kickstart and advance their Scope 2 emissions reduction. This guide offers a range of near-term and long-term solutions tailored to different levels of readiness and capacity for businesses on their sustainability journey. Whether you are just starting out or looking to accelerate existing initiatives, discover practical ways to reduce electricity-related emissions for your business now. Read the playbook here: https://lnkd.in/gvVhzd6W

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We are excited to share that the playbook to reduce Scope 2 emissions is finally ready! Developed jointly with Energy Research Institute @ NTU, Energy Market Authority (EMA) and Enterprise Singapore, the playbook serves as a valuable guide for businesses, particularly SMEs, offering actionable strategies to improve energy efficiency and reduce electricity-related carbon emissions. Read the playbook here: https://lnkd.in/gm77kBxf #ERIANResearch #EmissionsReduction

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