Lin Bo-yu

The EU’s CBAM, starting in 2027, will impose carbon tariffs on high-emission imports—posing a major challenge to Vietnam’s steel exports. In response, Hoa Phat and VNSteel are stepping up decarbonization efforts and investing in green energy.

Vietnam has taken a significant step in developing its carbon market, unveiling pilot emissions trading plans for three major carbon-intensive industries.

On June 10, the government of Sarawak announced a partnership with China’s China Three Gorges International Corporation (CTGI) and Shanghai Electric to jointly develop a large-scale floating solar project at the Bakun Reservoir.

Seiko Epson, the Japanese electronics company, is developing a small carbon capture unit roughly the size of an office printer.

The Singaporean government estimates that the 2024 carbon tax will generate SGD 640 million (about USD 497 million), more than 30% below the original projection.

To enhance industrial competitiveness, carbon tariffs have recently become a focal point for both Taiwan and Australia.

The Thai government is ramping up efforts in green technology by selecting four promising sustainability-focused startups through its National Innovation Agency (NIA).

Australian startup AgCoTech has developed a methane-reducing salt block for cattle, helping livestock farmers in Laos cut their greenhouse gas emissions by up to 40%.