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A standard to assess cooperate’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on June 28 by VCMI aiming to bring transparency and confidence to an unregulated market.

Vietnam’s is seeking investment in clean energy as part of its plan to develop a carbon market for the purpose of meeting net zero emissions by 2050.

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

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.

Britain’s biggest drugmaker AstraZeneca announced on June 28 that it would invest $400 million to plant over 200 million trees by 2030 as part of its strategy for reducing carbon emissions in accordance with the Paris Agreement.

Petronas said on June 28 that it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd. to collaborate on a carbon capture and storage (CCS) project in Malaysia.

Japan's JX Nippon Oil & Gas Exploration Corp, a unit of ENEOS Holdings, aims to store 5 million metric tons of carbon by 2030.

Navigator Holdings Ltd. and Bumi Armada Berhad have signed a deal to form a 50-50 joint venture－Bluestreak CO2 Joint Venture－to provide transport services for carbon emissions capture and storage in the United Kingdom.

Indonesia projects to initiate its carbon exchange in September, with power generation companies the first to trade on it.

Brazil’s vice president Geraldo Alckmin said the carbon market could surge by 5% the GDP of the country and bring in USD 120 billion by 2030.

Private sectors have shared their perspectives on the development of the ASEAN Strategy for Carbon Neutrality at the recent 9th ASEAN Economic Community (AEC) Dialogue in Jakarta, Indonesia.

Uber, the American ride-hailing company, announced that customers will soon be able to track emissions avoided when choosing greener rides and have the option of shared rides in more cities to further reduce CO2 emissions.