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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.

Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.

The Asia Low Emission Strategic Partnership (ALP) recently held its annual exchange forum in Taiwan, where Thailand’s Siam Cement Group (SCG) shared insights on finding new investment directions in the sustainable decarbonization process.

Japan is set to incorporate Carbon Capture and Storage (CCS) into its national energy development framework, aiming for commercial operation by 2030.

Vietnam's tourism sector is actively promoting low-carbon travel, with local travel agencies introducing green itineraries aimed at minimizing carbon emissions generated by tourists.

Product claims regarding carbon neutrality based on offsets are controversial, but better accounting of carbon footprints is on the way.

A study by the U.S. Department of Energy highlights that the ASEAN power grid not only has the potential to address green energy shortages but can also create job opportunities, attract investments, and reduce pollution.

Singapore government announced the conditional approval for the import of low-carbon energy from Australia, giving the green light to a 4,300-kilometer undersea cable project connecting the two countries.