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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.

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.

Singapore’s WealthGreen has launched its new app to disrupt sustainable investing and give retail investors access to the carbon credit market. The business was exemplified by Singapore’s Climate Impact X.

Vietnam and Singapore plan to enhance cooperation in renewable energy, with many Vietnamese localities aiming to export green electricity to Singapore.

Bangchak PLC has signed a MoU with stakeholders to promote carbon credit schemes in forestry and agricultural sectors, as well as renewable energy projects.

A number of big companies decided to create in-house carbon credits despite criticisms against offsets.

Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.

A review of Australia’s controversial carbon credit system has recommended significant changes to how it is managed, but rejected claims that the scheme lacks integrity and is not delivering real cuts in greenhouse gas emissions.