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As a general remark, Indonesia has not, at the date of preparing this summary, issued any regulation on hydrogen production, distribution and trade. It is expected that the upcoming New and Renewable Energy Law will provide a legal framework for the exploitation and utilisation of various new energy sources, including hydrogen.
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The Japanese government passed the Hydrogen Society Promotion Act (the Hydrogen Act) on 17 May 2024, which implements a ‘twin-track’ approach to subsidising the hydrogen economy
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As the world embraces the ideals of sustainability and works towards reduced reliance on fossil fuel sources of energy and reduction in greenhouse gas emissions, Singapore has set out how it plans to cut emissions to meet its 2030 Nationally Determined Contribution climate targets – with carbon capture technology expected to be among the most effective measures.
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Singapore launched its National Hydrogen Strategy on 25 October 2022. The Singapore government believes that low-carbon hydrogen has the potential to be a major decarbonisation pathway to support Singapore’s accelerated transition towards net zero by 2050, while strengthening its energy security and resilience. It foresees low-carbon hydrogen playing an important role in:
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Malaysia, where fossil fuels make up 96.6 percent of the country’s energy supply and whereby 2022 emissions reached 291 million tons of carbon dioxide, are working to play its part in the global fight against climate change and in the world’s sustainability endeavours and net zero ambitions
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The insurance industry is facing a rapidly changing litigation environment. Emerging risks, regulatory developments, and technological advancements are reshaping how insurers approach underwriting, claims, and risk management. Below is an overview of the most significant trends impacting the sector.
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