MARKET INSIGHT

What’s next for renewable energy market in Southeast Asia in 2024?

Southeast Asia stands at a critical juncture in its energy transition journey. As a region with diverse energy landscapes, it is grappling with the challenge of decarbonizing its power sector amid growing environmental and economic imperatives.

• Renewable Energy Certificate

Annual carbon market review and outlook for 2024

In 2023, the EU launched a sweeping Carbon Border Adjustment Mechanism (CBAM), ushering the global carbon market into a new era; China's carbon prices saw record highs despite a lack of trading momentum; South Korea introduced its first carbon neutrality

• Carbon

COP28: How Article 6 of Paris Agreement works and why is it important?

The 2023 United Nations Climate Change Conference (COP28) closed on December 12, with particular attention on the adoption of Article 6 of the Paris Agreement, which allows parties to offset their own emissions by financing other countries' reduction init

• Carbon

A guide to decarbonize your business’ supply chain

Quite a few companies have shifted from carbon offset scheme to reducing carbon footprint in supply chains, an approach that can prevent greenwash and increase brand credibility. But what are the methods and challenges of supply chain decarbonization?

• Carbon

Carbon reduction for businesses – Carbon negative technology

According to the Intergovernmental Panel on Climate Change (IPCC), global warming must be limited to 1.5°C by 2030 to avoid climate disasters.

• Carbon

Carbon reduction for businesses - Internal carbon pricing

According to the Carbon Disclosure Project (CDP), more than 1,200 companies worldwide have adopted internal carbon pricing to date, with an annual growth rate of over 10%.

• Carbon

Challenges and opportunities for ASEAN's regional REC system

ASEAN countries, with abundant renewable energy sources, have long been hoping to draw on the EU's Guarantees of Origins (GoOs) to develop a regional REC system that can capitalize on the strengths of each member country.

• Renewable Energy Certificate

Green finance development in Southeast Asia

In the face of escalating climate change, energy transition has become an urgent issue, which should be addressed through shifting towards sustainable and environmentally friendly energy sources. During the transition process, green finance plays a key ro

Impact of 24/7 clean energy on green energy market in Asia Pacific

According to Our World in Data, energy use accounts for 73.2% of the total carbon emissions. Such a high proportion has made renewable energy the key to achieving net zero emissions and has driven governments and companies to set 100% renewables target.

Challenges facing food Industry on the road to carbon reduction

The global food supply chain accounts for 26% of total greenhouse gas (GHG) emissions, including land use, freshwater withdrawal, livestock farming, and transportation. As environmental awareness grows, the carbon footprint of food products is gaining sig

• Carbon

REM Asia 2023 highlights: Challenges and opportunities facing Asia's carbon markets

In response to the global net zero trend, governments in Northeast and Southeast Asia have announced policy plans, covering carbon taxes, carbon trading, as well as mandatory and voluntary markets. While everything seems in the progress, the Renewable Ene

• Carbon

Renewable energy market trend and procurement options in Southeast Asia for 2023

This article aims to provide businesses with an overview of the current market situation and procurement methods for renewable energy in Southeast Asia, which can serve as a reference for establishing their plants in the region.