News
ASEAN
September 26, 2022
Low-carbon rice production could help Vietnam meet 2030 emission target
According to a new World Bank report, low-carbon rice production offers great potential for Vietnam to achieve its target of reducing methane emissions by 30% by 2030 while improving the competitiveness of a strategic export product.
September 20, 2022Vietnam needs new FiT to boost biomass investment, say experts
Despite an existing feed-in tariff (FiT) for deepening biomass energy investment in Vietnam, some experts advise that a new scheme must be paired with other legal incentives to ensure a more significant share in the country’s energy mix.
August 26, 2022Gulf Energy, Bangchak shift toward renewables
Thai energy company Gulf Energy Development and petroleum and energy conglomerate Bangchak Corporation are committed to promoting clean energy and technology innovations, paving the way for sustainable growth.
August 24, 2022Vietnam needs financial, technical assistance to achieve net zero target
Vietnam has reviewed its greenhouse gas emissions since 2010. However, the data on emission reduction has yet to be completely collected owing to the lack of requirements on reporting and evaluating results.
August 16, 2022Malaysian stock exchange to launch voluntary carbon market
Bursa Malaysia will launch a voluntary carbon market (VCM) by the end of 2022. This will help increase transparency and enable companies to purchase carbon credits to offset their emissions.
August 05, 2022Petronas signs MoU with South Korea businesses to develop CCUS
Malaysia’s state-run oil and gas company Petronas signed a memorandum of understanding on Aug. 3 with six Korean companies to launch a carbon capture and storage (CCS) project called Shepherd CCS Project, with an aim to capture carbon in South Korea and s
August 02, 2022Vietnam says AES plans to develop $13 billion offshore wind project
Vietnam announced on July 31 that US energy company AES Corp plans to develop a major offshore wind farm in Vietnam that could potentially increase the nation's wind power capacity.
August 01, 2022Cambodia earns $11.6 million from selling carbon credits
Cambodia has earned $11.6 million from 2016 to 2020 by selling carbon credits in the global voluntary carbon market.
July 29, 2022Philippines opens Renewable Energy Market
Philippine Electricity Market Corp. (PEMC) announced on July 28 the launch of the country's Renewable Energy Market (REM), a marketplace for trading Renewable Energy Certificates (RECs).
July 15, 2022Indonesia’s carbon credit export potential hits Rp2.6 trillion
Indonesia’s carbon credit export potential in the forestry sector has reached Rp2.6 trillion (US$172.6 million) per year, said Finance Minister Sri Mulyani Indrawati at the Sustainable Finance for Climate Transition Roundtable, a G20 side event held on Ju