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Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.

Southeast Asia's carbon market potential remains largely untapped. A recent report highlights that over the past 15 years, carbon credits provided by the ASEAN region have accounted for only 7% of the global carbon market.

The Thai Ministry of Finance is set to propose a carbon tax measure on Dec. 11 for cabinet approval, aiming to enhance the country’s efforts in reducing greenhouse gas emissions.

Amazon Web Services (AWS) unveiled new data center components on Dec. 3, including innovations in power supply, cooling systems, and hardware design aimed at supporting the development of next-generation artificial intelligence (AI).

Vietnam's National Assembly has approved the revival of nuclear power, with plans to develop nuclear energy to expand the use of low-carbon energy and achieve the national net-zero target by 2050.

The development of carbon capture technology has been slow, partly due to high costs. However, the American startup Captura is developing ocean carbon capture technology that promises to halve these costs.

Hylife Group in Thailand is making a strong push to reduce carbon emissions with a major investment of over THB 400 million (about USD 11.6 million) to establish its first sustainable factory for Hylife Global Foods.

Tesla earned nearly 34 million carbon credits last year, ranking first in carbon credit sales. However, despite the growing trend toward vehicle electrification, the U.S. auto industry still faced a massive carbon emissions deficit last year.

The EU's CBAM, designed to address carbon leakage, has unintentionally hurt domestic exporters as well. EU officials recently indicated that they would assist exporters in coping with the impact.

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.

Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.

The latest Global Carbon Budget report forecasts that both fossil fuel-related carbon emissions and total global carbon emissions will hit historic highs this year, with further increases expected.