News

Asia-Pacific’s leading annual carbon market event, Carbon Forward Asia 2025, will be held in Singapore from March 4 to 5, bringing together experts from across the region to discuss ASEAN’s carbon markets, emerging opportunities.

The carbon reduction effect of electric vehicles is mainly concentrated during driving, while the manufacturing of the vehicle body and batteries still generates significant carbon emissions.

Plasma technologies could open new options for decarbonizing heat supply in industrial processes, offering an alternative to the use of green hydrogen.

January 2025 was the warmest January on record, surpassing the previous record set by January 2024, according to satellite data from the EU’s Copernicus program.

On Feb. 4, LEGO announced an investment of approximately DKK 19 million (about 2.6 million USD) in four carbon removal projects. The Danish toy giant aims to secure carbon credits through these initiatives as part of its commitment to achieving net-zero.

To achieve its net-zero target, the Malaysian government is adopting various carbon reduction technologies, with carbon capture set to present a development draft in March to help hard-to-decarbonize industries transition.

Global carbon emissions are expected to reach a new high in 2024, while the growth of the carbon credit market has stalled. However, the outlook for 2025 remains optimistic, as countries and companies continue to raise their emission reduction targets.

The tech giant Google recently revealed long-term agreements with Indian startup Varaha and U.S.-based Charm Industrial, with plans to buy the equivalent of 200,000 tons of biochar carbon credits by the end of 2030.

Southeast Asian ride-hailing giant Grab has announced plans to expand its electric vehicle fleet and has formed a strategic partnership with Chinese automaker BYD. The goal is to add 50,000 electric vehicles across six Southeast Asian countries.

Building materials can be carbon sinks, with impressive carbon sequestration potential. Recent studies show that using carbon-storing materials could remove 1.66 billion tons of CO2 from the atmosphere each year.