News
News
January 25, 2024
Vietnam's first carbon credit program starts this fall
Lilama 2 College has announced its collaboration with British-based Pearson BTEC, to introduce a carbon credit academic program, and become the first educational institute in Vietnam to offer a carbon credit academic program.
January 16, 2024
Indonesia’s OJK optimistic about carbon exchange growth in 2024
Indonesia’s Financial Services Authority (OJK) is optimistic that carbon exchange will continue to grow in 2024. As of Nov 30 in 2023, the trading volume on IDX Carbon reached 494,000 tons of CO2e, with a transaction value of IDR 30.91 billion.
December 28, 2023
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 26, 2023
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 22, 2023
Singapore’s first public sector sustainability report: no bottled water
Singapore is leading other Southeast Asian countries by releasing its first government sustainability report. Besides carbon reduction achievements, the government has announced the gradual elimination of single-use items.
December 21, 2023
Vietnam pilots carbon credit exchange from 2025, enterprises may struggle to comply
Vietnam Carbon Credit Exchange is expected to trial from 2025, but the details of the trial phase are still under development, especially regarding policies, legal framework, and human resources for the development are seriously insufficient. It will be d
December 20, 2023
Scramble for African forests looming for carbon credits
The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.
December 12, 2023
Taiwan exchange set to kick off trading for first batch carbon credits
The Taiwan Carbon Solution Exchange (TCX) will start trading carbon credits on Dec. 22, offering international credits from seven countries in Asia, Africa, and South America at a price of US$5 to US$15 per metric ton of CO2 equivalent.
December 04, 2023
Japanese bank invests in CIX to expand Asia’s carbon credit market
CLIMATE Impact X has secured investment from Japan’s Mizuho Financial Group, which will collaborate with the Singaporean carbon exchange to meet the growing demand for international carbon credits among Japanese companies.
November 27, 2023
Philippines ready to sell sovereign carbon credits, says lawmaker
The Climate Change Commission of the Philippines and Maharlika Carbon Technologies signed a memorandum of cooperation last Friday to jointly promote voluntary carbon credits and sovereign carbon credits.
