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The Malaysian non-profit organization RimbaWatch pointing out Grab, a Southeast Asian ride-hailing service platform, buying carbon credits through the Katingan Mentaya Project (KMP) have exaggerated offset effects and are suspected of greenwashing.

South Pole, the world's leading carbon project developer, was accused in October 2023 by media and internal whistleblowers of overstating the climate benefits of carbon credits generated by its Kariba REDD+ project, a large-scale forest conservation proje

Hoa Phat, Vietnam's leading steel manufacturer, announced on Feb. 21 that the greenhouse gas (GHG) inventory report of the Dung Quat complex plant that meet ISO 14064-1:2018 standard, has been verified by the British Standards Institution (BSI).

Philippine energy company Energies PH's subsidiary, San Bernardino Ocean Power, has officially signed a contract with the UK maritime engineering group Inyanga Marine Energy. They plan to build Southeast Asia's first tidal power plant in the waters surrou

East Ventures and The Indonesian Chamber of Commerce and Industry launched ECOVISEA. The platform acts as a free web-based global greenhouse gas (GHG) calculator.

Floating solar PV capacity is expected to play a key role in fulfilling Southeast Asia’s overall solar expansion, with countries like the Philippines, Indonesia, and Thailand well positioned to use their unique geographies to support the technology.

Hyosung Group continues to expand its investments in Vietnam, recently venturing into low-carbon green products in Ba Ria-Vung Tau. The company is preparing to develop biodegradable fibers and Hydrotreated Vegetable Oils (HVO).

Effecting the energy transition is no simple matter, however. Large-scale deployment of renewables requires enormous investment. Yet in ASEAN, as in developing countries elsewhere, such projects face a range of problems.

Southeast Asia stands at a critical juncture in its energy transition journey. As a region with diverse energy landscapes, it is grappling with the challenge of decarbonizing its power sector amid growing environmental and economic imperatives.

In 2023, the EU launched a sweeping Carbon Border Adjustment Mechanism (CBAM), ushering the global carbon market into a new era; China's carbon prices saw record highs despite a lack of trading momentum; South Korea introduced its first carbon neutrality

The electric vehicle (EV) market in Southeast Asia is undergoing rapid expansion, with Ernst & Young Global Limited forecasting that annual EV sales in the ASEAN six countries could reach 8.5 million units by 2035.

Nefin Group, an independent green power producer, targets to secure 100 MW of solar power projects across Southeast Asia in 2024, with Malaysia expected to contribute over 30% of the total, driven by an expansion in market penetration and market share.