Hi. Brady here.
Once in a while, KrASIA’s reporters try to suss out the actual developments in climate tech. It isn’t an easy task, because there is an inherent contradiction—climate change is a slow-moving disaster, but tech companies are meant to move fast, iterate, and publish.
Plus, it is highly unlikely that a single business can make a huge difference in the grand scheme of things. Working in climate tech depends on an acceptance that no matter how innovative your solution is, it will only make a small dent.
Even so, we try. There is business interest in the field, so the investments that are steered toward climate tech developers offer one metric to gauge how much this space is growing.
Khamila took a look at the money that is pouring into Southeast Asia’s climate tech solutions, and what exactly it funds. You can read her article here.
Authorities fined Xiaohongshu RMB 300,000 for failing to protect minors.
Chinese cargo delivery platforms are in the hot seat after failing to review driver credentials.