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SBTi rule relaxation signals turning point for carbon credit market: TCX
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SBTi rule relaxation signals turning point for carbon credit market: TCX

The new statement from the SBTi indicates that carbon credits have now reached a turning point, with demand expected to significantly increase, according to Tian Jian-zhong (田建中), general manager of Taiwan Carbon Solution Exchange (TCX).
April 19, 2024
Indonesia president, former UK Prime Minister explore renewable investment in Nusantara
News

Indonesia president, former UK Prime Minister explore renewable investment in Nusantara

Indonesia President Joko Widodo and former British Prime Minister Tony Blair engaged in discussions on 18th regarding investment opportunities in the new capital of Indonesia, Nusantara, for the development of renewable energy and Carbon Capture and Stora
April 19, 2024
Thailand gears up for Climate Change Act amidst optimism and skepticism
News

Thailand gears up for Climate Change Act amidst optimism and skepticism

Thailand is preparing to introduce the Climate Change Act. Assistant Minister of the Ministry of Natural Resources and Environment, Rachata Phisitbanakorn, mentioned in a seminar this month that the law may come into effect this year.
April 18, 2024
Viettel inaugurates largest green data center in Vietnam
News

Viettel inaugurates largest green data center in Vietnam

Vietnamese telecommunications firm Viettel has announced the opening of a data center in Hoa Lac Tech Park, Hanoi. The company said the Hoa Lac Data Center has over 2,400 racks across 21,000 square meters of floor space, with a total capacity of 30 MW.
April 18, 2024
Concerns arise as Indonesia JETP progresses slowly in coal transition
News

Concerns arise as Indonesia JETP progresses slowly in coal transition

After nearly 18 months, Indonesia's efforts to expedite its shift towards clean energy are stalling, with minimal progress made in phasing out coal plants.
April 18, 2024
Transition credits need to be at least $30 to hasten coal phase-out: CIX chief
News

Transition credits need to be at least $30 to hasten coal phase-out: CIX chief

Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at $30 per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 18, 2024
Solar Philippines’ joint venture partner secures loan for Indonesia's largest solar farm
News

Solar Philippines’ joint venture partner secures loan for Indonesia's largest solar farm

Energy firm Solar Philippines announced that its Jakarta-based partner has secured a loan to finance the largest ground-mounted solar project in Indonesia.
April 17, 2024
SBTi releases an official clarification to its Scope 3 statement
News

SBTi releases an official clarification to its Scope 3 statement

Considering the recent controversies surrounding the Science Based Targets initiative (SBTi) changing its stance on offsetting Scope 3 emissions, the Board of Trustees has issued an additional clarification to its initial statement.
April 17, 2024
Vietnam’s major manufacturing city aims to establish first green economic zone
News

Vietnam’s major manufacturing city aims to establish first green economic zone

Vietnam’s Haiphong city government focused on sustainable economy with its proposal of “Southern Coastal Economic Zone” (EZ) and aims to become Vietnam's first green economic zone.
April 17, 2024
Singapore pursues low-carbon methanol development to lead maritime fuel innovation
News

Singapore pursues low-carbon methanol development to lead maritime fuel innovation

Singapore, as the world's largest maritime fuel supply center, is actively developing alternative fuels in response to the global net-zero trend. According to State for Sustainability and the Environment, Singapore is confident in supplying 1 million tons
April 17, 2024
Vietnam plans to boost rooftop solar with surplus power wholesale mechanism
News

Vietnam plans to boost rooftop solar with surplus power wholesale mechanism

The Vietnamese Ministry of Industry and Trade held a meeting to discuss “The draft of rooftop solar power stimulus package” on Apr. 10. Minister Nguyen Hong Dien revealed that surplus electricity can be sold to power companies for financial gain.
April 16, 2024
Frasers Property works with SP Group to install solar panels across seven properties
News

Frasers Property works with SP Group to install solar panels across seven properties

Frasers Property is collaborating with SP Group to install nearly 4,500 square meters of solar panels across seven of its retail and commercial properties in Singapore. This is the largest single solarization rollout for retail malls in the country.
April 16, 2024
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