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Indonesia halts verification process for carbon project amid regulatory concerns
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Indonesia halts verification process for carbon project amid regulatory concerns

Indonesia's Ministry of Environment and Forestry has confirmed the suspension of validating certain carbon projects in the country's Sumatra and Kalimantan regions since they didn’t comply with the country’s regulation.
April 18, 2022
India invites initial bids for setting up renewable energy manufacturing zone
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India invites initial bids for setting up renewable energy manufacturing zone

Indian Ministry of Power and Ministry of New and Renewable Energy have issued an expression of interest (EoI) to set up manufacturing zones for power and renewable energy sectors on a pilot basis.
April 18, 2022
Intel pledges to net zero by 2040 across its global operations
News

Intel pledges to net zero by 2040 across its global operations

Intel committed Wednesday to achieving net-zero greenhouse gas emissions in its global operations by 2040 and develop more sustainable solutions.
April 15, 2022
Scientists use AI to speed up climate change mitigation
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Scientists use AI to speed up climate change mitigation

A group of scientists has developed a new AI-based technology that can help lock up greenhouse gases like carbon dioxide in porous rock formations faster and more precisely than ever before.
April 15, 2022
Apple supply chain doubled clean energy use in 2021
News

Apple supply chain doubled clean energy use in 2021

Apple suppliers have more than doubled their clean energy use over the past year, the tech giant said on Thursday. The increase in renewable energy helped avoid 13.9 million metric tonnes of carbon dioxide pollutions from the atmosphere, equivalent to rem
April 15, 2022
Renewable energy prices skyrocket 10% in first quarter amid market volatility
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Renewable energy prices skyrocket 10% in first quarter amid market volatility

The Russian invasion of Ukraine has worsened global energy market volatility, compounding to the supply-chain shortage issues that have already resulted in price rises for renewable power purchase agreements (PPAs).
April 14, 2022
ACCUs contract volume plummets despite highest ever offered price
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ACCUs contract volume plummets despite highest ever offered price

Australia’s Clean Energy Regulator announced on Tuesday that a total of 7.6 million tonnes of Australian Carbon Credit Units (ACCUs) has been traded through contracts in the auction held in April, with a potential value of 131 million Australian dollars (
April 14, 2022
Gujarat keeps RPO targets at 17% amid land and cost challenges
News

Gujarat keeps RPO targets at 17% amid land and cost challenges

The Gujarat Electricity Regulatory Commission published last week the Procurement of Energy from Renewable Sources Regulations, 2022, Third Amendment, which establishes renewable purchase obligation (RPO) targets from the fiscal years 2022-23 to 2024-25.
April 14, 2022
EV credits scheme launched in Singapore to support sustainable transition
News

EV credits scheme launched in Singapore to support sustainable transition

Singaporean carbon trading company CRX CarbonBank launched on Tuesday the Electric Vehicle Accelerator initiative, a scheme that generates caron credits based on greenhouse gas emissions avoided by electric vehicle charging points, allowing charging stati
April 13, 2022
Science Based Targets initiative develops net-zero standard for financial institutions
News

Science Based Targets initiative develops net-zero standard for financial institutions

The Science Based Targets initiative (SBTi), a global organization that helps businesses set emissions reduction goals based on climate science, is developing a standard for financial institutions to set net-zero goals.
April 13, 2022
Clean energy investment soared 50% as governments ramp up economic recovery
News

Clean energy investment soared 50% as governments ramp up economic recovery

Clean energy investment in recovery plans for the Covid-19 crisis has increased by 50% in last five months and currently surpasses US$710 billion globally, according to International Energy Agency’s evaluation report released on Tuesday.
April 13, 2022
Sweden set to be first country to account for consumption-based emissions
News

Sweden set to be first country to account for consumption-based emissions

To ramp up its effort to combat climate crisis, Sweden has announced its intention to include consumption-based emissions in its reduction target, which means that carbon emissions from products manufactured outside of Sweden and imported into the country
April 12, 2022
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