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April 03, 2024
Vietnam cut electricity price adjustment period to align with market
Vietnam issued the latest electricity pricing mechanism on March 26, deciding to shorten the price adjustment period. The Electricity Regulatory Authority of Vietnam of the Ministry of Industry and Trade stated that this move aims to align with market.
April 03, 2024Malaysia’s new moratorium unexpectedly propels rise of green steel
The green steel supply chain is gradually starting up in Malaysia, largely due to stricter government policies related to decarbonization. One of these policies is a two-year moratorium on all expansion and diversification of manufacturing activities in t
April 03, 2024Vietnam’s ministry says carbon credits are sold at acceptable price
There is widespread belief that Vietnam is undervaluing its carbon credits, priced at just $5 each, but the Ministry of Agriculture and Rural Development (MARD) has refuted these claims.
April 02, 2024"Greenflation" leads to downgrading green energy targets in ASEAN countries
"Greenflation" has become a factor to countries in Southeast Asia, including Indonesia and Vietnam, in lowering their commitments to renewable energy targets. Meanwhile, in Malaysia, the weakening currency is hindering the funding for decarbonization effo
April 02, 2024Vietnam Rubber Group evaluates rubber forest carbon for commercialization
The Vietnam Rubber Group (VRG) is optimistic about the carbon market. As outlined in its "2024 Green Growth and Sustainable Development Action Plan" announced on March 27, VRG will assess the feasibility of developing carbon credits from rubber forests.
April 02, 2024Africa’s largest exchange to initiate carbon credit trading
JSE Ltd., the largest stock and bond exchange in Africa, plans to begin trading carbon offset credits in the next two months.
April 02, 2024Malaysia aiming to spur residential solar PV via new incentive scheme
Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has launched a solar incentive scheme (Solar for Rakyat incentive scheme or Solaris) to encourage installation of solar PV systems by domestic users.
April 01, 2024Machine tool industry seeks green transition amid booming carbon market
Verification agencies, consulting firms, and agri-food industry players of Taiwan gathered at a forum held on March 28 to share insights on corporate sustainability and carbon reduction from three different perspectives.
April 01, 2024APAC companies lack Scope 3 emissions reduction targets, report says
56% of Asia-Pacific companies have not included Scope 3 emissions reduction in their net-zero goals, according to Taiwanese CSR think tank CSRone’s 2024 Taiwan and Asia-Pacific Sustainability Report Status and Trends report released on March 29.
April 01, 2024Dutch court rules KLM green claims was greenwashing
District Court of Amsterdam determined on March 20 that an advertising campaign for Sustainable Aviation Fuel and other environmental measures by the Dutch flag carrier, KLM, was deemed "greenwashing."