News

Coal-dependent regions have much experience to share on the energy transition, write two authors from China and Indonesia.

Mizuho Financial Group has announced its entry into the NextGen platform as a carbon credit buyer, marking a first for Japan’s banking industry.

China’s central government listed “boosting consumption…and stimulating domestic demand” as its first “major task” for 2025, at the recently closed “two sessions”.

The steel sector is “hard-to-abate”, accounting for about 7% of global carbon emissions, which highlights the importance of low-carbon steel. Companies in Japan, South Korea, and China are actively working on research and development in this area.

Taiwan is set to enter its first year of sustainable aviation fuel (SAF) adoption, with Songshan, Kaohsiung, and Taoyuan airports scheduled to begin SAF blending for domestic carriers in the first half of the year.

China’s climate ambition at this year’s “two sessions”, which ended on 11 March, was relatively subdued, with analysts expecting economic concerns to trump climate action in the year ahead.

Malaysia’s Sarawak has recently called for the establishment of a unified carbon market across ASEAN to boost carbon credit prices and address climate challenges.

Carbon Forward Asia, held from March 4 to 5 in Singapore, featured a panel on the second day titled “Removals: Putting the Net into Net-Zero,” which explored the opportunities and challenges for advancing carbon removal in Asia.

The plant has a potential role as a sustainable powerhouse, argues Austin Smith, but challenges remain in scaling up its production and trade.

China’s solar and windfarms would no longer be guaranteed sales at a fixed price linked to coal benchmarks, under a new policy released by the central government.