News
News
April 23, 2024
New SBTi standard to drive renewable energy certificate market changes: expert
The Science Based Targeting Initiative (SBTi) will allow companies to offset Scope 3 emissions using carbon credits, a move that could trigger greenwashing controversies or significantly change the renewable energy certificate (REC) and carbon credit mark
April 23, 2024
IETA unveils new guidelines for companies on carbon credits
The International Emissions Trading Association (IETA) has release new guidance for businesses looking to use carbon credits in their pursuit of climate goals.
April 18, 2024
Transition credits need to be at least $30 to hasten coal phase-out: CIX chief
Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at $30 per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 17, 2024
SBTi releases an official clarification to its Scope 3 statement
Considering the recent controversies surrounding the Science Based Targets initiative (SBTi) changing its stance on offsetting Scope 3 emissions, the Board of Trustees has issued an additional clarification to its initial statement.
April 12, 2024
Vietnam’s green energy company to apply blockchain for carbon credits
Vietnam’s Tin Thanh Group has collaborated with Centre for Quality Certification to conduct carbon inventory and convert an annual reduction of 1 billion tons of carbon dioxide into NFTs.
April 08, 2024
Thailand promotes rubber plantation carbon credits for sustainable agriculture
Rubber Authority of Thailand has launched a rubber plantation carbon credit program with the goal of achieving carbon neutrality for 3.2 million hectares of registered rubber plantations in the country and further converting them into carbon credits for s
April 03, 2024
Vietnam’s ministry says carbon credits are sold at acceptable price
There is widespread belief that Vietnam is undervaluing its carbon credits, priced at just $5 each, but the Ministry of Agriculture and Rural Development (MARD) has refuted these claims.
April 02, 2024
Vietnam Rubber Group evaluates rubber forest carbon for commercialization
The Vietnam Rubber Group (VRG) is optimistic about the carbon market. As outlined in its "2024 Green Growth and Sustainable Development Action Plan" announced on March 27, VRG will assess the feasibility of developing carbon credits from rubber forests.
April 02, 2024
Africa’s largest exchange to initiate carbon credit trading
JSE Ltd., the largest stock and bond exchange in Africa, plans to begin trading carbon offset credits in the next two months.
March 26, 2024
Vietnam seeks buyers for 5 million credits as forest carbon offset exceeds expectations
Vietnam’s carbon offset amount is beyond expectation. The government plans to sell the remaining 4.91 million of carbon credits with the help of World Bank in finding potential buyers or piloting auctions on international platforms.