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News
March 27, 2025
Thailand aims to become carbon trading hub with crypto-friendly regulations
To stimulate its carbon trading market, Thailand is revising regulations to relax cryptocurrency oversight. The proposed changes would allow the tokenization of carbon credits, carbon allowances, and renewable energy certificates using blockchain.
March 10, 2025
Singapore to buy its first tranche of carbon credits, launch low-carbon tech testbed
Singapore’s Minister for Manpower and Second Minister for Trade and Industry announced that Singapore has signed carbon credit transfer agreements with three countries to fulfill its Nationally Determined Contributions (NDCs) under the Paris Agreement.
January 31, 2025
Key carbon market trends to watch in 2025
Global carbon emissions are expected to reach a new high in 2024, while the growth of the carbon credit market has stalled. However, the outlook for 2025 remains optimistic, as countries and companies continue to raise their emission reduction targets.
January 08, 2025
Singapore, Malaysia deepen cooperation on carbon credits, renewables
Singapore and Malaysia announced the establishment of the Johor-Singapore Economic Zone (JS-SEZ) at the border of the two countries. This initiative aims to attract more investments and create more job opportunities.
November 26, 2024
Tesla nearly doubles carbon credits as U.S. automakers face credit deficits
Tesla earned nearly 34 million carbon credits last year, ranking first in carbon credit sales. However, despite the growing trend toward vehicle electrification, the U.S. auto industry still faced a massive carbon emissions deficit last year.
September 16, 2024
Indonesia’s new government targets $65 bln green fund through carbon credit revenues
Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.
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 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.
August 06, 2024
Understanding carbon credits: A guide to Taiwan's carbon credit trading and regulatory landscape
While carbon dioxide is seen as the primary culprit of global warming, carbon credits are treated as a tradable commodity in financial markets. This article will explore what carbon credits are, how they can be obtained through activities like tree planti
August 01, 2024
New SBTi research highlights importance of carbon credit quality, expert says
SBTi's draft on Scope 3 carbon credits is delayed, with a report showing most carbon credits fail to meet climate goals. Industry researcher warns that this highlights the increasing importance of carbon credit quality.