Launched on November 27, 2024, Fair Finance Asia's (FFA) new report, Towards a Gender-Transformative Energy Transition in Asia, reveals critical gaps in the consideration of gender equality and women’s empowerment in the early retirement of Cirebon 1 coal-fired power plant (CFPP) in Indonesia. The early retirement of Cirebon 1 is the first transaction under the Asian Development Bank’s Energy Transition Mechanism (ADB ETM).

On December 19, Fair Finance Asia (FFA) published a new report, Unearthing the hidden costs: Social and environmental considerations in Asia’s transition minerals mining and supply chains, which reveals that banks based in Japan and the Association of Southeast Asian Nations (ASEAN) are financing United States (US), European, and Asian downstream electric vehicle (EV) manufacturers who have indirect supply chain links to three nickel mining sites: PT Vale Sorowako and PT Weda Bay Nickel mines in Indonesia, and the Nickel Asia Corporation Rio Tuba mine in the Philippines. EV manufacturers may face varying levels of exposure based on their status (e.g., current indications or expected flows from Memorandums of Understanding or planned joint ventures) and the concreteness of these links. All three mines continue to face allegations from communities around them and civil society organizations (CSOs) of serious human and environmental rights violations.

On December 4, 2024, International Day of Banks, Fair Finance Asia (FFA) published a new scorecard assessing the extent to which Asian banks enable consumers to actively contribute to positive sustainability outcomes.