News
News
March 11, 2025
Carbon removal demand to hit 8 billion tonnes, but only 1% delivered—3 opportunities for Asia to lead
Carbon Forward Asia, held from March 4 to 5 in Singapore, featured a panel on the second day titled “Removals: Putting the Net into Net-Zero,” which explored the opportunities and challenges for advancing carbon removal in Asia.
March 03, 2025
Indonesia unveils plan for cap-and-trade carbon market targeting industrial sector
Indonesia's government is set to implement a cap-and-trade carbon trading system, with more details expected to be released in August this year.
February 14, 2025
Step-by-step guide on how to buy carbon credits on Indonesia carbon exchange
The IDX Carbon Exchange, operated by the Indonesia Stock Exchange, was opened to international buyers on Jan. 20. This move has injected much-needed liquidity into the market. But What qualifications and documents are required?
February 12, 2025
Vietnam's carbon market to finalize legal framework by June
Vietnam’s carbon market is gradually taking shape as Prime Minister Pham Minh Chinh officially approves the national blueprint, establishing both mandatory and voluntary markets, with full implementation expected by 2029.
January 22, 2025
Indonesia opens carbon market to global buyers with 40,000 tons traded on first day
Indonesia's carbon market officially opened to international buyers on Jan. 20, with over 40,000 tons of carbon dioxide equivalent (CO2e) traded on the first day.
January 14, 2025
Indonesia to launch first international carbon trading with PLN-backed projects
Indonesia will open its carbon credit market to international buyers for the first time on Jan. 20, with 1.7 million carbon credits available for trade. These credits can be purchased by countries as part of their NDCs.
November 18, 2024
COP29: Baku summit makes early breakthrough on global carbon market standards
On the opening day of the United Nations Climate Summit (COP29), a major breakthrough was achieved in global carbon market negotiations. Member countries endorse a United Nations-backed carbon credit trading mechanism.
November 14, 2024
Sarawak to establish climate change center to foster green economy, carbon trading
Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.
November 04, 2024
Japan, Vietnam approve 9 JCM carbon credit projects
Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.
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.