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The Renewable Energy Markets Asia 2024 (REM Asia) kicked off in Singapore on April 29, exploring the impact of global initiatives and policies on the industry.

China's carbon price has surpassed 100 yuan for the first time since the market's launch in mid-2021, as major polluters ramp up purchases ahead of the implementation of stricter standards.

The European Commission has announced a $30 million call for proposals to provide funding support for carbon removal projects in the region.

The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.

The International Emissions Trading Association (IETA) has release new guidance for businesses looking to use carbon credits in their pursuit of climate goals.

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

To fully unleash the potential of the carbon credit market, Indonesian government plans to speed up the review of relevant regulations and introduce new laws in June.

To mitigate global warming, the Paris Olympics has set ambitious carbon reduction goals. However, the non-profit organization Carbon Market Watch argues that its carbon footprint remains excessively high, making it difficult to be sustainable.

The new statement from the SBTi indicates that carbon credits have now reached a turning point, with demand expected to significantly increase, according to Tian Jian-zhong (田建中), general manager of Taiwan Carbon Solution Exchange (TCX).

Indonesia President Joko Widodo and former British Prime Minister Tony Blair engaged in discussions on 18th regarding investment opportunities in the new capital of Indonesia, Nusantara, for the development of renewable energy and Carbon Capture and Stora

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.

Singapore, as the world's largest maritime fuel supply center, is actively developing alternative fuels in response to the global net-zero trend. According to State for Sustainability and the Environment, Singapore is confident in supplying 1 million tons