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Singapore, Ghana ink carbon credit agreement allowing firms to offset carbon tax
News

Singapore, Ghana ink carbon credit agreement allowing firms to offset carbon tax

Companies in Singapore aiming to offset part of their carbon tax liability will soon be able to purchase carbon credits from projects in Ghana, following an agreement signed between the two countries on May 27.
May 29, 2024
Malaysia launches Forest Conservation Certificate to fund conservation activities
News

Malaysia launches Forest Conservation Certificate to fund conservation activities

The Malaysia Forest Fund (MFF) introduced its Forest Conservation Certificate (FCC), aimed at redirecting funds from the private sector to back forest conservation initiatives in the country, serving as a non-market mechanism.
May 29, 2024
Malaysia aims for 40% of primary energy mix to come from renewables by 2035
News

Malaysia aims for 40% of primary energy mix to come from renewables by 2035

Malaysia government aims to ensure that 40% of the country’s primary energy mix comes from renewable sources by 2035, according to Deputy Prime Minister Fadillah Yusof.
May 28, 2024
Masidi says Sabah's first carbon credit trading will gradually yield tangible benefits
News

Masidi says Sabah's first carbon credit trading will gradually yield tangible benefits

It will take some time for Sabah to realize the tangible benefits from trading its first carbon credits from the state rainforest, said state Finance Minister Masidi Manjun.
May 28, 2024
Indonesia to launch 2025 hydrogen plan for industry, energy sectors
News

Indonesia to launch 2025 hydrogen plan for industry, energy sectors

The Indonesian Ministry of Energy and Mineral Resources (ESDM) is formulating a hydrogen energy plan that is expected to be implemented as early as 2025. The estimated total consumption will be between 125,000 and 245,000 tons.
May 28, 2024
Why South Korean companies lag in RE100: Analyzing green energy challenges from mix, pricing, and procurement
Research

Why South Korean companies lag in RE100: Analyzing green energy challenges from mix, pricing, and procurement

The South Korean government has been called out on its less-than-ambitious renewable target and renewable energy development planning policies. This article aims to analyze the currently available corporate green power procurement options in the country.
May 27, 2024
SKC invests $100 million in world's largest biodegradable plant in Vietnam
News

SKC invests $100 million in world's largest biodegradable plant in Vietnam

Ecovance Vietnam, the subsidiary of SKC Group from South Korea invested approximately $100 million in May to produce biodegradable plastic PBAT (Polybutylene Adipate Terephthalate) in the Dinh Vu Industrial Zone in Hai Phong City,
May 27, 2024
Indonesian carbon-offset startup aims to bring blue carbon to Japan and Singapore market
News

Indonesian carbon-offset startup aims to bring blue carbon to Japan and Singapore market

Indonesia has rich and diverse blue carbon resource. CarbonEthics, a local startup,is determined to bring blue carbon onto international trading platforms such as those in Singapore and Japan.
May 27, 2024
U.S. regulator to issue carbon credit guidance to combat greenwashing and market turmoil
News

U.S. regulator to issue carbon credit guidance to combat greenwashing and market turmoil

To mitigate the turmoil in the carbon credit market caused by the frequent occurrence of greenwashing incidents, the U.S. Commodity Futures Trading Commission (CFTC) is expected to finalize guidelines for carbon credits as early as September. These guidel
May 24, 2024
Expert sees more room as global carbon pricing revenue hit record $104 bln
News

Expert sees more room as global carbon pricing revenue hit record $104 bln

The World Bank released its "State and Trends of Carbon Pricing 2024" report on May 21, marking the first time Taiwan's carbon pricing policy has been included among the 75 operational carbon pricing instruments globally.
May 24, 2024
Keppel claims the first adoption of carbon mineralized concrete in Vietnam
News

Keppel claims the first adoption of carbon mineralized concrete in Vietnam

To embrace the green building transformation trend, Keppel, Singapore's largest multinational corporation, signed a Memorandum of Understanding (MOU) with Vietnamese concrete company FiCO Pan-United and construction firm Coteccons in early May.
May 23, 2024
How businesses drive data center decarbonization amid growing data volume
News

How businesses drive data center decarbonization amid growing data volume

Leading telecom operator Chunghwa Telecom and uninterruptible power supply (UPS) system provider Eaton shared their solutions to carbon reduction through energy management at a forum titled "Green miracle for data centers" on May 22.
May 23, 2024
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