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Vietnam's renewable energy sprung up, but localization is slow
News

Vietnam's renewable energy sprung up, but localization is slow

Experts generally agree that Vietnam leads other ASEAN countries regarding total installed capacity and project development in renewable energy. However, there are concerns about insufficient localization.
December 29, 2023
Thai residential solar installation hits record as electricity rates surge
News

Thai residential solar installation hits record as electricity rates surge

Due to the persistently high electricity rates in Thailand, people are increasingly turning to solar power. This year, a total of 1,878 applications were successfully submitted for the "Residential Solar Project", marking a new record since the project's
December 29, 2023
Vietnam earns more than $41 million from selling forest carbon credits
News

Vietnam earns more than $41 million from selling forest carbon credits

Vietnam has received more than 41 million U.S. dollars from selling forest carbon credits as part of an emission reduction deal with the World Bank. The money is transferred to localities to pay locals and communities to protect forests.
December 28, 2023
OCBC to create decarbonization fund to aid Southeast Asia’s energy shift
News

OCBC to create decarbonization fund to aid Southeast Asia’s energy shift

Singaporean financial service group Oversea-Chinese Banking Corp. (OCBC) has partnered with Japan’s investment firm Mercuria Holdings to create a fund of up to $500 million to finance decarbonization-related businesses in Southeast Asia.
December 28, 2023
Indonesia vice presidential debate: CCS in the spotlight
News

Indonesia vice presidential debate: CCS in the spotlight

The issue of Carbon Capture and Storage (CCS) was debated by Gibran Rakabuming Raka and Mahfud MD during the vice presidential debate last Friday. This unexpected topic of question has become widely discussed.
December 28, 2023
Philippine Congressional think tank questions need for carbon tax
News

Philippine Congressional think tank questions need for carbon tax

The latest report from Philippine Congress think tank indicates that the Philippines has relatively lower carbon emissions, suggesting that imposing a carbon tax may not be necessary.
December 28, 2023
KLCC embraces food waste management for long-term sustainability
News

KLCC embraces food waste management for long-term sustainability

Malaysia’s Kuala Lumpur Convention Centre (KLCC) converted 23,950 kg of food waste into compost from January to December this year, utilizing its composting facility established in 2022.
December 27, 2023
Blue Bird invests Rp250 billion in IKN for greener transport
News

Blue Bird invests Rp250 billion in IKN for greener transport

Indonesian President Joko Widodo launched the eco-friendly public transportation project on Dec. 21 in the new capital of Nusantara (IKN), East Kalimantan, in collaboration with Blue Bird, the largest taxi service company in the country.
December 27, 2023
Vietnam has no buildings meet “net-zero” emission criteria yet: official
News

Vietnam has no buildings meet “net-zero” emission criteria yet: official

Vietnam aims to achieve net-zero by 2050 and requires the construction industry to reduce 74.3 million tons of CO2 equivalent. However, officials from MONRE stated no building in Vietnam has been designed, constructed, or managed to meet net-zero.
December 27, 2023
Carbon credit futures fall 90% as major buyer shun the market
News

Carbon credit futures fall 90% as major buyer shun the market

Due to doubts about the effectiveness of forest carbon offset, major carbon buyers such as airlines are beginning to avoid the trading market.
December 26, 2023
Electric bus route in Ho Chi Ming City faces service halt as losses deepen
News

Electric bus route in Ho Chi Ming City faces service halt as losses deepen

Residents in Ho Chi Ming City were disappointed to hear that the D4 electric bus route from Vinhomes Grand Park to Sai Gon Bus Station might come to a stop. The bus service attracts a huge number of passengers as it is convenient and clean.
December 26, 2023
Thailand’s NRF propels food industry toward net zero for a sustainable future
News

Thailand’s NRF propels food industry toward net zero for a sustainable future

NR Instant Produce (NRF), a food industry leader and producer of food for the future. The CEO announced the company’s commitment to sustainability at a recent international forum in Bangkok hosted by the United Nations Global Compact Network Thailand.
December 26, 2023
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