News
News
February 17, 2024
Vietnam’s FPT works with Japan’s Carbon EX to compete in the carbon market
FPT Group has announced its cooperation with Carbon EX, a Japanese carbon credit trading platform, to develop carbon market in Vietnam and establish carbon credits that meet international standards and provide solutions for green transformation.
February 07, 2024
Climate experts raise $12 million for the world’s first carbon credit insurance company
CarbonPool is set to be the first insurance company in the world with a carbon credit balance sheet. The firm announced the closure of a $12 million funding round on Jan. 29.
February 06, 2024
Microsoft buys soil carbon storage credits from nature-based startup
Microsoft signed another carbon removal agreement to help accelerate its climate goals. The tech giant made a deal with Grassroots Carbon, a startup offering nature-based soil carbon storage solutions, for soil carbon removal drawdown credits.
January 25, 2024
Vietnam's first carbon credit program starts this fall
Lilama 2 College has announced its collaboration with British-based Pearson BTEC, to introduce a carbon credit academic program, and become the first educational institute in Vietnam to offer a carbon credit academic program.
January 23, 2024
China’s national voluntary carbon credit market resumes operations
China has relaunched its long-stalled voluntary carbon offset market, providing funding to projects with the potential to restrain emissions but facing challenges in generating profits.
December 28, 2023
Vietnam earns more than $41 million from selling forest carbon credits
Vietnam has received more than 41 million U.S. dollars from selling forest carbon credits as part of an emission reduction deal with the World Bank. The money is transferred to localities to pay locals and communities to protect forests.
December 26, 2023
Carbon credit futures fall 90% as major buyer shun the market
Due to doubts about the effectiveness of forest carbon offset, major carbon buyers such as airlines are beginning to avoid the trading market.
December 22, 2023
Singapore’s first public sector sustainability report: no bottled water
Singapore is leading other Southeast Asian countries by releasing its first government sustainability report. Besides carbon reduction achievements, the government has announced the gradual elimination of single-use items.
December 21, 2023
Vietnam pilots carbon credit exchange from 2025, enterprises may struggle to comply
Vietnam Carbon Credit Exchange is expected to trial from 2025, but the details of the trial phase are still under development, especially regarding policies, legal framework, and human resources for the development are seriously insufficient. It will be d
December 20, 2023
Scramble for African forests looming for carbon credits
The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.
