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Amid accusations of fraud, lax auditors and problematic offset certifiers, is the carbon credit market still … credible?

Recently, Thailand amended tax laws to encourage mangrove restoration, with plans to exempt land taxes on green area, such as mangrove forests, starting in 2025.

Vietnam's renewable energy sector is booming, and Japanese companies operating locally are noticing the shift.

In addition to reaffirming the goal of achieving 20% nuclear power by 2030 and extending it through 2040, Japan will also allow the construction of new nuclear reactors and remove the phrase "reduce dependence on nuclear power as much as possible."

Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.

Southeast Asia's carbon market potential remains largely untapped. A recent report highlights that over the past 15 years, carbon credits provided by the ASEAN region have accounted for only 7% of the global carbon market.

Amazon Web Services (AWS) unveiled new data center components on Dec. 3, including innovations in power supply, cooling systems, and hardware design aimed at supporting the development of next-generation artificial intelligence (AI).

Vietnam's National Assembly has approved the revival of nuclear power, with plans to develop nuclear energy to expand the use of low-carbon energy and achieve the national net-zero target by 2050.

The development of carbon capture technology has been slow, partly due to high costs. However, the American startup Captura is developing ocean carbon capture technology that promises to halve these costs.

Hylife Group in Thailand is making a strong push to reduce carbon emissions with a major investment of over THB 400 million (about USD 11.6 million) to establish its first sustainable factory for Hylife Global Foods.

Tesla earned nearly 34 million carbon credits last year, ranking first in carbon credit sales. However, despite the growing trend toward vehicle electrification, the U.S. auto industry still faced a massive carbon emissions deficit last year.

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.