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Due to doubts about the effectiveness of forest carbon offset, major carbon buyers such as airlines are beginning to avoid the trading market.

The UK government announced its new vision to create a carbon capture market by 2035. The plan, called the CCUS Vision, outlines a competitive UK carbon capture, usage and storage market aimed at generating new jobs and supporting its net zero goal.

Indonesia is about to see the lowest investment realization in renewable energy projects in six years, despite the country’s aim to decarbonize its electricity sector, which experts suggest it is partly because of a lack of discussion to tackle barriers.

Singapore is leading other Southeast Asian countries by releasing its first government sustainability report. Besides carbon reduction achievements, the government has announced the gradual elimination of single-use items.

Japanese oil company Eneos and trading group Sumitomo Corp. have announced plans to produce green hydrogen in Malaysia and export much of it to Japan. This initiative aims to further diversify the fuel supply for decarbonization.

On Friday, Germany approved the plan to raise the price on carbon dioxide emissions by more than agreed on previously on Dec. 15. The country currently has a levy on CO2 emissions from fuel of 30 euros per ton of CO2.

Vietnam Carbon Credit Exchange is expected to trial from 2025, but the details of the trial phase are still under development, especially regarding policies, legal framework, and human resources for the development are seriously insufficient. It will be d

The Singaporean and Japanese governments have signed a MoC to establish the first Singapore–Japan Green and Digital Shipping Corridor (GDSC).

The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.

It has become a consensus for the world to reduce dependence on fossil fuels and cut carbon emissions as renewables become mainstream in recent years. Japan, which has been actively developing hydrogen, is turning its focus to ammonia as a critical fuel.

Britain will introduce a new carbon import levy on certain products from 2027 to protect local businesses against cheaper imports from countries with less strict climate regulations, the government announced on Dec. 18.

The Bangko Sentral ng Pilipinas (BSP) officially approved 2 temporary measures to promote sustainable development and carbon reduction investment initiatives.