News
News
July 16, 2025
Indonesia’s local companies make up 90% of carbon market buyers, IDX reveals
Indonesia’s official carbon exchange platform, IDX Carbon, has recorded nearly 1.6 million tons of carbon traded since its launch, with 90% of buyers coming from the domestic market.
July 16, 2025Extreme heat kills at least 2,300 in European cities, study estimates
Around 2,300 people died in 12 European cities due to an extreme heat wave that hit the region from June 23 to July 2, a rapid scientific analysis has found.
July 16, 2025Climate adaptation in action: Retail, solar, semiconductor sectors harness weather data to strengthen resilience
Social and economic activities are closely tied to weather conditions. To strengthen risk management, a growing number of companies are turning to customized weather data to minimize unpredictable impacts.
July 15, 2025Investigation finds SBTi no longer leading choice as firms explore other net-zero standards
Following the removal of 239 companies' net-zero commitments by the SBTi last year, an investigation by an online media outlet reveals that only 7% of those companies have obtained SBTi validation for their net-zero targets.
July 15, 2025Singapore selects 3 companies for CCS feasibility studies in power sector
On July 14, the Singapore government announced that three companies, Keppel, PacificLight Power (PLP), and YTL PowerSeraya, have been awarded funding to conduct CCS feasibility studies.
July 15, 2025Climate adaptation in action: Taiwan targets extreme heat — interview with Environment Minister Peng Chi-ming
Climate adaptation is essentially long-term disaster prevention, but the real challenge lies in implementation—turning awareness into action, said Environment Minister Peng Chi-ming (彭啓明).
July 14, 2025Sarawak Premier plans to reshape Petros into sovereign wealth fund
Sarawak Premier Abang Johari Tun Openg is looking to follow in Singapore’s footsteps by transforming state-owned oil and gas company Petros into a sovereign wealth fund that can drive economic diversification and growth.
July 14, 2025Locally developed inverter set to boost Thailand’s rooftop solar market
To encourage local development in the solar power sector, the Thai government plans to support mass production of a homegrown solar inverter developed by a local electrician. The initial production target is set at 100,000 units.
July 14, 2025A new data hub helps small-scale fishers adapt to climate change
The global research partnership CGIAR recently launched its Asia Digital Hub at WorldFish’s headquarters in Penang, Malaysia. The Hub brings together policymakers, scientists, communities and the private sector to develop and scale digital solutions.
July 14, 2025Taiwan turns to dual-track carbon pricing: Can ETS unlock corporate decarbonization?
Taiwan launched its carbon fee regime this year, with formal collection scheduled to begin in 2026. As part of the Ministry of Environment’s roadmap, a dual-track mechanism combining a carbon fee and an ETS is set to be piloted next year.