News
March 26, 2024
Vietnam seeks buyers for 5 million credits as forest carbon offset exceeds expectations
Vietnam’s carbon offset amount is beyond expectation. The government plans to sell the remaining 4.91 million of carbon credits with the help of World Bank in finding potential buyers or piloting auctions on international platforms.
March 26, 2024
Thai study warns of 32% GDP impact if decarbonization efforts fail to keep up
The impact of carbon tariffs from Europe and the United States is gradually becoming evident. The Kasikorn Research Center estimating that Thailand could face significant economic losses if it fails to keep pace with the low-carbon measures adopted by oth
March 26, 2024
TPIPP announces goal of 100% renewable use by 2026
TPI Polene Power (TPIPP), the leading developer and operator of waste-to-energy (WTE) projects in Thailand based on capacity, plans to reduce coal usage next year with the goal of achieving 100% renewable fuel utilization by 2026.
March 26, 2024
Amazon, Iberdrola sign 159 MW wind power PPA
Amazon announced on 20 a new power purchase agreement (PPA) with Spanish renewable energy company Iberdrola, with the US retail giant procuring 159 MW from the UK-based East Anglia THREE offshore wind farm.
March 25, 2024
Indonesia to announce carbon emission caps to revitalize carbon credit market
Indonesia Ministry of Environment and Forestry has announced its intention to soon implement the Technical Approval for Emission Limits (PTBAE) set by the Minister of Energy and Mineral Resources (ESDM) and strongly believed that this regulation can enhan
March 25, 2024
Advantech to advance into renewable energy, carbon credit procurement services
Taiwan-based industrial PC (IPC) maker Advantech has introduced the WISE-iEMS system, utilizing generative AI technology to proactively provide energy-saving strategies, promoting the sustainable transition of the industrial chain.
March 25, 2024
Thailand commits to accelerating green energy trading liberalization by year’s end
The direction of Thailand's "Direct Power Purchase Agreement" is set to become clearer. Chai Wacharonke, spokesperson for the Thai Prime Minister's Office, stated that Prime Minister instructed to expedite the policy to liberalize green energy trading in
March 25, 2024
UK regulator can fine up to 10% of global turnover for greenwashing
In the UK, 40% of large businesses face hefty fines for greenwashing in 2024, as stringent consumer protection regulations implemented by the Competitions and Markets Authority and the EU take effect.
March 25, 2024
Security Bank, Helios collaborate for solar energy in Filipino households
Security Bank has partnered with climate fintech firm Helios to enhance access to clean energy for Filipino homeowners. The two firms signed a memorandum of agreement last month to alleviate financial pressure on households facing increased power costs.
March 22, 2024
Hundreds of firms drop SBTi net-zero commitments due to Scope 3 challenges
The Science Based Targets Initiative (SBTi) continues to track the implementation of net-zero commitments among businesses. In its latest update, 239 companies are marked as "Commitment Removed", including major multinational corporations such as Microsof
