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December 06, 2023
Malaysia considers REI for coal phase-out, examines Vietnam's JETP deal
Malaysia is actively contemplating about the implementation of request for information (RFI) mechanisms for coal carbon reduction and potential early coal phase-out, said Nik Nazmi at COP28.
December 05, 2023Indonesia’s carbon market flats, even no trading
After IDX Carbon launch, Indonesia's trading volume briefly outpaced Japan and Malaysia. However, a British media found little activity over the past 2 months, contrasting the earlier surge.
December 05, 2023IMF sees high carbon price as best incentive for decarbonization
The IMF is keen to see the price of carbon increase to give the "biggest possible incentive for decarbonization.” “That price needs to go up, up, up if we are to speed up decarbonization", said its Managing Director Kristalina Georgieva at COP28.
December 04, 2023Geothermal projects heat up in Philippines, Indonesia amid energy transition
Geothermal power generation development is gaining steam in Indonesia and the Philippines, both have some of the world's largest reserves, as companies raise funds to capitalize on the shift towards renewable energy.
December 04, 2023Japanese bank invests in CIX to expand Asia’s carbon credit market
CLIMATE Impact X has secured investment from Japan’s Mizuho Financial Group, which will collaborate with the Singaporean carbon exchange to meet the growing demand for international carbon credits among Japanese companies.
December 04, 2023Indonesia finalizes renewables target with G7 climate finance plan
Indonesia has officially finalized the Comprehensive Investment and Policy Plan (CIPP), aiming to persuade the members of the JETP to secure $20 billion in funds for green energy transformation.
December 01, 2023Singapore invests SGD 164 million in EV buses, biggest purchase by LTA
Singapore continues to expand the electrification of its public bus fleet, with the Land Transport Authority (LTA) announcing a new investment of 164 million SGD for electric buses last Saturday.
December 01, 2023Vietnam has 305 green buildings but still lacks mandatory regulations
Vietnam has a total of 305 green buildings with a combined certified construction area of nearly 7.5 million square meters by September 30, 2023, according to Nguyen Cong Thinh, Vice General Director of the Department of Science, Technology and Environmen
December 01, 2023Manila Water signs solar PPA with Ditrolic Energy for green transition
Water and sanitation company Manila Water has inked a 15-year solar power purchase agreement (PPA) with energy provider Ditrolic Energy Philippines.
November 30, 2023METI joins EGAT developing hydrogen and ammonia fuel
METI of Japan, in collaboration with the EGAT and three leading Japanese companies, has initiated a feasibility study for the production of clean hydrogen and ammonia on the land owned by EGAT in Thailand.