News

The Taiwan Carbon Solution Exchange (TCX) will start trading carbon credits on Dec. 22, offering international credits from seven countries in Asia, Africa, and South America at a price of US$5 to US$15 per metric ton of CO2 equivalent.

The Rockefeller Foundation collaborates with ACEN, a major Philippine energy player, using carbon financing for the early decommissioning and transition of a coal-fired power plant in the Philippines to renewable energy.

CLIMATE Impact X has secured investment from Japan’s Mizuho Financial Group, which will collaborate with the Singaporean carbon exchange to meet the growing demand for international carbon credits among Japanese companies.

The Climate Change Commission of the Philippines and Maharlika Carbon Technologies signed a memorandum of cooperation last Friday to jointly promote voluntary carbon credits and sovereign carbon credits.

Ｗhere investors see risks in buying carbon credits that might not live up to their promise, insurers are seeing opportunity.

European governments will auction 244 million EU carbon permits from January to August next year under the bloc's ETS, the European Commission announced on November 16.

Carbon credits will take center stage at the upcoming UN climate talks, COP28, in Dubai at the end of this month. These credits, purchased by companies to offset their carbon emissions, allow them to consider consumed goods and services ‘carbon neutral’.

Thailand Board of Investment (BOI) prepares to implement measures to support carbon credits, paving the way toward achieving 'Net Zero' and providing additional special benefits.

The Tokyo Stock Exchange began trading carbon credits, a key element in the world's fifth-largest CO2 emitter Japan's strategy to address climate change.

Singapore set out the eligibility criteria governing international carbon credits that companies can purchase to offset their taxable carbon emissions.