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News
August 30, 2024
Five Apps help you track, offset your carbon emissions
There are many mobile applications (apps) available that assist in calculating carbon emissions, with some even offering rewards to boost motivation for reducing emissions. Here are five commonly used apps and tools for carbon reduction.
August 19, 2024
Singapore, Philippines unite to retire coal plants early with 'transition credits'
On the 16th, Philippine energy giant ACEN, Singapore’s green investment company GenZero, and multinational company Keppel signed a memorandum of understanding to develop clean energy solutions aimed at helping coal-fired power plants retire early and obta
August 16, 2024
Vietnamese agri-trade firm lands $25 million to boost sustainable coffee supply chain
On August 15th, Phuc Sinh Corp., a Vietnamese agricultural product trading company, announced that it has received a green investment of up to $25 million from the Dutch & Green Fund. This marks the first time a Vietnamese company has achieved such a mile
August 14, 2024
Experts propose regulatory approaches to accelerate banks to phaseout coal
Recent surveys show that Singapore banks have failed to honor their commitments to stop financing coal-fired power plants. Specifically, DBS Bank, UOB, and OCBC Bank were found to have provided up to $2 billion to the coal industry.
August 07, 2024
One-third of voluntary carbon market credits fail to meet additionality standards: ICVCM
Due to a lack of additionality, nearly one-third of carbon credits in the global voluntary carbon market do not meet high-quality standards, according to ICVCM.
July 11, 2024
Singapore to stop new diesel cars and taxis registrations from 2025
Singapore announced on the July 10 that starting from 2025, new registrations for diesel vehicles and taxis will no longer be permitted as part of its goal to achieve all vehicles using clean energy by 2040.
July 10, 2024
Google bets on carbon removal amid AI-driven emission surge
Google's previously acclaimed operational carbon neutrality was disrupted last year. Instead of relying on carbon offset, Google is now focusing on developing carbon removal technologies to compensate for the remaining emissions they can't reduce.
July 09, 2024
Johor Plantation Group to raise $156 million in IPO to fund green initiatives
Johor Plantation Group (JPG), a Malaysian palm oil manufacturer, officially listed on Bursa Malaysia on July 9. The IPO is expected to raise MYR 735 million (about USD 156 million), which will be used for green production and reforestation.
July 01, 2024
Thailand's development of "plastic roads": a sustainable infrastructure innovation
Plastic is primarily composed of high-carbon fossil fuels, with annual carbon emissions equivalent to 600 coal-fired power plants. Due to its resistance to natural decomposition, recycling and reuse have become critical issues.
June 28, 2024
Jurisdictional REDD+: A new frontier in carbon credit market
The acquisition methods for carbon credits are complex and varied. Now, a newer category, "Jurisdictional REDD+" (JREDD+), has emerged, potentially increasing market demand by six times and prices by up to fourfold compared to traditional REDD+.