News

Led by COP30 host Brazil, 12 countries are finalising a fund that aims to raise USD 125 billion for tropical forest conservation and launch at the November climate summit.

The rise of artificial intelligence (AI) and other technologies has driven the “surging” growth of data centers in China, with associated increases in energy demand and emissions. 

U.S. President Donald Trump’s sweeping tariffs have sparked concern across the clean energy industry. For fledgling startups in countries like Indonesia and Vietnam, the resulting disruption to global supply chains could be the final straw.

Vietnam officially approved a revised version of its National Power Development Plan (PDP8) on April 15, allocating $136.3 billion by 2030 to strengthen long-term energy security.

Vietnam is set to launch a pilot carbon credit trading scheme this year, with regulations still under development regarding the percentage of emissions that businesses can offset using carbon credits.

Experts say the bonds will attract international investment in China’s green transition, bringing private funding and boosting international climate cooperation.

U.S. tech giant Microsoft is ramping up its carbon dioxide removal (CDR) efforts through a new partnership with climate tech startup CO280. The collaboration leverages a unique carbon capture and storage (CCS) technology to reduce emissions.

When Donald Trump pulled back on his plan to impose eye-watering tariffs on trading partners across the world, there was one key exception: China.

Gulf Energy, Thailand’s largest private power producer, has ramped up investments in telecommunications and digital infrastructure in recent years, leveraging the resulting electricity demand to accelerate the development of low-carbon energy.

Global geothermal developer Baseload Capital and Google today announced the signing of the first corporate power purchase agreement (CPPA) for carbon-free geothermal energy in Taiwan.