News
News / Region
Region
April 23, 2024
Indonesia expected to introduce new law to stimulate carbon trading market
To fully unleash the potential of the carbon credit market, Indonesian government plans to speed up the review of relevant regulations and introduce new laws in June.
April 23, 2024New SBTi standard to drive renewable energy certificate market changes: expert
The Science Based Targeting Initiative (SBTi) will allow companies to offset Scope 3 emissions using carbon credits, a move that could trigger greenwashing controversies or significantly change the renewable energy certificate (REC) and carbon credit mark
April 23, 2024IETA unveils new guidelines for companies on carbon credits
The International Emissions Trading Association (IETA) has release new guidance for businesses looking to use carbon credits in their pursuit of climate goals.
April 23, 2024Carbon capture can help reduce Singapore’s emissions, but huge challenges remain
The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.
April 22, 2024Saigon Hi-Tech Park unveils focus on green and digital transformation
Saigon Hi-Tech Park (SHTP) in Vietnam hosted an enterprise networking event on the 16th, unveiling its focus for this year on digital and green transformation. This includes the development of 17 advanced technologies for green transformation and 10 emerg
April 22, 2024Paris Olympics climate action criticized as falling short of sustainability targets
To mitigate global warming, the Paris Olympics has set ambitious carbon reduction goals. However, the non-profit organization Carbon Market Watch argues that its carbon footprint remains excessively high, making it difficult to be sustainable.
April 19, 2024Indonesia president, former UK Prime Minister explore renewable investment in Nusantara
Indonesia President Joko Widodo and former British Prime Minister Tony Blair engaged in discussions on 18th regarding investment opportunities in the new capital of Indonesia, Nusantara, for the development of renewable energy and Carbon Capture and Stora
April 19, 2024SBTi rule relaxation signals turning point for carbon credit market: TCX
The new statement from the SBTi indicates that carbon credits have now reached a turning point, with demand expected to significantly increase, according to Tian Jian-zhong (田建中), general manager of Taiwan Carbon Solution Exchange (TCX).
April 18, 2024Transition credits need to be at least $30 to hasten coal phase-out: CIX chief
Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at $30 per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 18, 2024Concerns arise as Indonesia JETP progresses slowly in coal transition
After nearly 18 months, Indonesia's efforts to expedite its shift towards clean energy are stalling, with minimal progress made in phasing out coal plants.