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Asia-Pacific’s leading annual carbon market event, Carbon Forward Asia 2025, will be held in Singapore from March 4 to 5, bringing together experts from across the region to discuss ASEAN’s carbon markets, emerging opportunities.

The carbon reduction effect of electric vehicles is mainly concentrated during driving, while the manufacturing of the vehicle body and batteries still generates significant carbon emissions.

The IDX Carbon Exchange, operated by the Indonesia Stock Exchange, was opened to international buyers on Jan. 20. This move has injected much-needed liquidity into the market. But What qualifications and documents are required?

Plasma technologies could open new options for decarbonizing heat supply in industrial processes, offering an alternative to the use of green hydrogen.

Vietnam’s carbon market is gradually taking shape as Prime Minister Pham Minh Chinh officially approves the national blueprint, establishing both mandatory and voluntary markets, with full implementation expected by 2029.

To assist the aviation industry in its decarbonization efforts, the Thai government and businesses are focusing on Sustainable Aviation Fuel (SAF). Two major oil companies in Thailand have partnered with Japanese firms to increase raw material supply.

Sarawak, Malaysia, is determined to become ASEAN’s green hydrogen hub, leveraging its abundant hydropower resources and international collaborations to build a low-carbon hydrogen supply chain.

On Feb. 4, LEGO announced an investment of approximately DKK 19 million (about 2.6 million USD) in four carbon removal projects. The Danish toy giant aims to secure carbon credits through these initiatives as part of its commitment to achieving net-zero.

To achieve its net-zero target, the Malaysian government is adopting various carbon reduction technologies, with carbon capture set to present a development draft in March to help hard-to-decarbonize industries transition.

To increase public awareness of the carbon tax, the Thai government has teamed up with Chulalongkorn University and two major oil companies.

Global carbon emissions are expected to reach a new high in 2024, while the growth of the carbon credit market has stalled. However, the outlook for 2025 remains optimistic, as countries and companies continue to raise their emission reduction targets.

Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.