News

Amazon announced that it will help fund the direct air capture technology by purchasing 250,000 tons of carbon removal over the next decade.

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.

Asia Carbon Institute, a carbon credit certification, was established in Singapore. The non-profit has formulated a voluntary carbon credit standard and will adopt strict validation processes to determine each carbon credit represents a reduction in carbo

Indonesia's Financial Services Authority (OJK) has released a series of rules for the establishment of a carbon exchange, with the goal of launching an onshore carbon trading market by the year-end.

ASEAN holds vast potential for generating carbon credits, given the region’s rich biodiversity and renewable energy sources. Climate experts suggest that member countries should collectively commit to a timeline for implementing regionwide carbon trading.

Poor quality data and supply shortages remain key hurdles for China’s national carbon ETS. The world’s largest carbon market has seen lower-than-expected trading volume and weak carbon prices in the past year.

The potential for a carbon market in Vietnam is huge. The growing need for efficient exchange and purchase mechanisms has sparked active discussions on establishing a domestic carbon credit exchange.

Climate activists urge Indonesia to ensure that the global carbon market does not undermine genuine greenhouse gas emission reduction efforts ahead of the COP28 in Dubai.

Malaysia ‘s National Carbon Policy, which aims to provide guidance on carbon trading at the state level, is expected to be ready for carry out this year.

Indonesia projects to initiate its carbon exchange in September, with power generation companies the first to trade on it.