Connect with us

Hi, what are you looking for?


Transport connectivity, cheap ICT access touted as climate-resiliency tools

GREATER TRANSPORT connectivity and access to information and communications technology (ICT) have roles to play in mitigating climate risk in the Asia-Pacific, the Economic and Social Commission for Asia and the Pacific (ESCAP) said.

In a recent report, ESCAP said: “Improved multimodal transport connectivity, for example, can reduce trade costs, enhance efficiency and competitiveness of doing business, and allow for the use of more environmentally friendly modes of transport.”

The report said affordable access to the internet and ICT infrastructures is also “essential to shaping an inclusive digital future and achieving sustainable development goals.”

ESCAP said Low Earth Orbital satellites, such as those operated by Starlink, a product of SpaceX Corp., could be one path to affordable access.

“The government of the Philippines believes that Starlink can provide reliable access to the internet, especially in rural areas susceptible to natural disasters, by mid-2023,” ESCAP said.

The report also noted the importance of mobilizing more investment in regional cross-border infrastructure and national grids.

“In the Asia-Pacific region, Australia, India and the Philippines, among others, have successfully managed private-sector investment in electric power networks. The investments in these countries are based on financial models that quantify the expected return and associated risk,” it added.

It added that power system connectivity can improve access to energy and mitigate climate change by reducing greenhouse gas emissions through the deployment and integration of renewable energy resources.

ESCAP also noted the proposed regional power grid in Southeast Asia, which would “fully integrate the power systems of all member countries and accordingly take advantage of the region’s diverse allocation of energy resources.”

“The interconnections would reduce the costs of power systems through economies of scale and shared investments,” it said. — Luisa Maria Jacinta C. Jocson

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like


THE Philippine Solar and Storage Energy Alliance (PSSEA) said it asked the Energy Regulatory Commission (ERC) to raise the green energy auction reserve (GEAR)...


THE PHILIPPINES is lining up potential US suppliers and is also studying some domestic manufacturing to support its proposed nuclear power industry, Trade Secretary...

World News

BEIJING – China has issued guidance to all provinces to build a basic elderly care system by 2025, state-run Xinhua news agency said on Sunday, in the latest step to prevent a demographic crisis. Who...

World News

NIIGATA, Japan — A standoff in Washington over raising the US debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders’ starting...

Dislaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2023 All Rights Reserved. Spirit