Asia’s path to a greener future

Asia’s path to a greener future

62 Nina Chestney. “$15 trillion global hydrogen investment needed by 2050: research”. Reuters. April 27th 2021. www.reuters.com/ business/energy/15-trillion-global-hydrogen-investment-needed-2050- research-2021-04-26/ 63 Hyunjoo Jin, Jane Chung. “Hydrogen hurdles: a deadly blast hampers South Korea’s big fuel cell car bet”. Reuters. September 25th 2019. www.reuters.com/article/us-autos-hydrogen-southkorea-insight- idUKKBN1W936A 64 TWI Global. “What is Hydrogen Storage?”. www.twi-global.com/ technical-knowledge/faqs/what-is-hydrogen-storage 65 James Morris. “Why Are We Still Talking About Hydrogen?” Forbes, 6 February 2021, www.forbes.com/sites/jamesmorris/2021/02/06/why-are- we-still-talking-about-hydrogen/?sh=2d11df1b7f04. 66 Press Bureau of India. “Cabinet approves National Green Hydrogen Mission.” January 4th 2023. https://pib.gov.in/PressReleasePage. aspx?PRID=1888547 67 Ayman Falak Medina. “Vietnam to Build First Hydrogen Plant, Coal to Still Be Dominant Power Source”. ASEAN Briefing. June 15th 2022. www. aseanbriefing.com/news/vietnam-to-build-first-hydrogen-plant-coal-to- still-be-dominant-power-source/ 68 Based on external investments in companies producing the technology recorded on Crunchbase. Excludes internal corporate investments. 69 Economist Impact defines the waste industry as the management— collection, transport, processing and disposal—of waste materials. 70 Stefan Ellerbeck. “This is how cities can reduce emissions with waste- reduction solutions”. World Economic Forum. November 2022. https:// www.weforum.org/agenda/2022/11/waste-emissions-methane-cities 71 The Economist . “Emerging economies are rapidly adding to the global pile of garbage”. September 2018. https://www.economist.com/ special-report/2018/09/27/emerging-economies-are-rapidly-adding-to- the-global-pile-of-garbage 72 Mismanaged waste is material that is not properly disposed of, stored or managed in a way that minimises its impact on human health and the environment. 73 Rachel Brown. “The Environmental Crisis Caused by Textile Waste”. Roadrunner. January 2021. https://www.roadrunnerwm.com/blog/ textile-waste-environmental-crisis 74 Eco-Business. “Forty per cent of global e-waste comes from Asia”. January 2018. https://www.eco-business.com/news/forty-per-cent-of- global-e-waste-comes-from-asia/ 75 Enterprise Singapore. “Enhancing safety for parked electric vehicles”. https://xcite.innovation-challenge.sg/problem-statement/enhancing- safety-for-parked-electric-vehicles.html 76 Circular technologies are technologies that enable the implementation of circular economy principles. They can include a wide range of innovative solutions that help to reduce waste, increase resource efficiency and minimise the use of virgin materials. 77 Economist Impact has not included alternative fabrics made from recycled materials in the scope of this research. 78 Martina Igini. “Statistics about Fast Fashion Waste”. Earth.Org. August 22nd 2022. www.earth.org/statistics-about-fast-fashion-waste. 79 Ellen MacArthur Foundation. “Who should be responsible for recycling clothes?”. https://ellenmacarthurfoundation.org/videos/who- should-be-responsible-for-recycling-clothes 80 McKinsey. “Fashion on Climate”. 2020. www.mckinsey.com/ industries/retail/our-insights/fashion-on-climate 81 Nature Climate Change. “The price of fast fashion”. January 2nd

2018. https://doi.org/10.1038/s41558-017-0058-9 82 Emily Chan. “How sustainable is organic cotton really?”. Vogue India. October 16th 2019. https://www.vogue.in/fashion/content/how- sustainable-is-organic-cotton-really 83 S Aishwariya, J Jaisri. “Harmful Effects of Textile Waste”. Fibre2Fashion. June 2020. https://www.fibre2fashion.com/industry- article/8696/harmful-effects-of-textile-waste 84 Organic Cotton Accelerator. “Organic vs Conventional”. https:// organiccottonaccelerator.org/why-organic-cotton/organic-vs- conventional/ 85 Hasina Khatib. “Why Is Sustainable Fashion Expensive? The Cost of Ethically Produced Garments”. Vogue India. May 13th 2021. https://www. vogue.in/fashion/content/why-is-sustainable-fashion-expensive-the-cost- of-ethically-produced-garments 86 Based on external investments in companies producing the technology recorded on Crunchbase. Excludes internal corporate investments. 87 EU. “EU Strategy for Sustainable and Circular Textiles”. March 2022. https://eur-lex.europa.eu/legal-content/EN/ TXT/?uri=CELEX%3A52022DC0141 88 KPMG China. “Sustainable Fashion: Committing to a More Sustainable Future”. https://assets.kpmg/content/dam/kpmg/cn/pdf/ en/2019/01/sustainable-fashion.pdf 89 IBM. “Meet the 2020 consumers driving change.” https://www.ibm. com/downloads/cas/EXK4XKX8 90 Barry van Wyk. “China’s first-generation electric cars are dying, and no one knows how to deal with their batteries”. The China Project. July 28th 2022. https://thechinaproject.com/2022/07/28/chinas-first- generation-electric-cars-are-dying-and-no-one-knows-how-to-deal-with- their-batteries/ 91 IEA. “Technology and innovation pathways for zero-carbon-ready buildings by 2030”. September 2022. https://www.iea.org/reports/by- 2030-evs-represent-more-than-60-of-vehicles-sold-globally-and-require- an-adequate-surge-in-chargers-installed-in-buildings 92 Press Bureau of India. “Government notifies Battery Waste Management Rules, 2022”. August 25th 2022. https://pib.gov.in/ PressReleasePage.aspx?PRID=1854433 93 Xiaotu M, Luqman Azhari, Yan Wang. “Li-ion battery recycling challenges”. Science Direct. November 11th 2021. https://www. sciencedirect.com/science/article/pii/S2451929421004757 94 EPA. “Battery Collection Best Practices and Battery Labeling Guidelines”. www.epa.gov/infrastructure/battery-collection-best- practices-and-battery-labeling-guidelines#guidelines 95 Kenichiro Chinen, Mitsutaka Matsumoto, Pingsheng Tong, Yongliang Stanley Han and Kuei-Hsien Jeff Niu. “Electric Vehicle Owners’ Perception of Remanufactured Batteries: An Empirical Study in China”. MDPI. August 31st 2022. https://www.mdpi.com/2071-1050/14/17/10846/pdf 96 Shibin Zhang, Chuhan Zhou, and Yanran Liu. “Consumer Purchasing Intentions and Marketing Segmentation of Remanufactured New- Energy Auto Parts in China”. Hindawi. July 2nd 2020. https://doi. org/10.1155/2020/5647383 97 Jordan Wilkerson. “Can Perform Better Than New Ones”. Scientific American. February 1st 2022. https://www.scientificamerican.com/ article/recycled-lithium-ion-batteries-can-perform-better-than-new-ones

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