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Alternative investment company PAG on July 6 introduced, PAG Renewables, a new platform for the development, operation, and investment in renewable energy sectors in Asia. PAG is expected to invest over $US 1 billion in the region in the next few years.

The German Bundestag, lower house of the parliament, approved on Thursday a legislative package to speed up the expansion of renewable energy. The bill aims to increase the renewable share to at least 80% by 2030, up from its previous objective of 65%.

CHIMEI has completed carbon credits transaction and offsetting on the Climate Impact X (CIX), a Singapore-based global carbon exchange and marketplace, in June, becoming the first Taiwanese enterprise which secured and traded carbon credits on the CIX.

Renewable energy accounted for 49% of German gross domestic electricity consumption in the first half of 2022, up 6% compared with the data last year.

Shanghai’s Pudong New District will create personal carbon accounts for local citizens, according to a new local green finance rule entering into force on 1 July. The move aims to explore the emission-cutting potential of personal consumption and package

At present, there are three types of carbon labels in the United States, all of which are launched by different companies, with no official carbon label system.

French NF Environment label (Norme Francaise Environnement Mark) is an official eco-label with two main functions.

Carbon Footprint Label, also known as Carbon Emission Label, is a labeling method used to display the carbon emissions of companies, production processes, products (including services), and individuals.

Japan launched the carbon labeling scheme in 2009 and announced the calculation method of carbon dioxide emissions, the products applicable to the carbon label, and the unified carbon label icon.

Tata Chemicals Europe (TCE ) opened UK's first industrial-scale carbon capture plant, which will recycle 40,000 tonnes of waste CO2 each year, equivalent of taking more than 20,000 cars off the roads.

Korea’s leading electronic component manufacturing company, LG Innotek, announced on July 5 that it officially joins the global "RE100" initiative. Their goal is to use only renewable energy including domestic and overseas establishments by 2030.

The European Parliament voted on Wednesday to label investment in gas and nuclear facilities as environment-friendly, in a bid to help the bloc carry out its climate pledge by facilitating private investment in power plants.