News
Carbon Management
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 08, 2023Indonesia's 1 trillion appeal to net zero raises concerns over lack of commitments
President Joko Widodo explained Indonesia's climate efforts, inviting global cooperation at COP28. However, some experts find these actions insufficient to solve the global climate crisis.
December 04, 2023Japanese 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 30, 2023World’s richest 12 people have same carbon footprint as 2 mln homes
Superyachts, private jets and financial investments of 12 of the world’s wealthiest people are accountable for generating annual energy emissions equivalent to 2.1 million homes, according to a report.
November 28, 2023Indonesia launches construction of first carbon storage project
Indonesia's president Joko Widodo launched the construction of a carbon capture, utilization and storage (CCUS) project in West Papua province operated by BP Plc on Nov. 24, making it the country’s first carbon storage project.
November 20, 2023Taiwan companies with strongest carbon commitments yield better stock returns
Business Weekly published survey results for Taiwan's top 100 firms' carbon competitiveness at Carbon Competitiveness Summit 2023 on Nov. 17. Report indicates 73% of these companies had higher stock prices than peers.
November 16, 2023Indonesia advances CCS partnership with US oil giants, eyes petrochemical project
Indonesia's state energy firm, Pertamina, along with U.S. oil majors Exxon Mobil and Chevron Corp, is progressing in their discussions to invest in carbon capture facilities.
November 15, 2023Vietnam’s GSM starts pure EV taxi service in Laos
GSM, a ride-hailing firm founded by the owner of Vietnam’s EV maker VinFast, has launched its electric taxi service this month in Vientiane, Laos, to promote green mobility in Southeast Asia.
November 07, 2023Taiwan’s first net-zero institute opens in Kaohsiung
The Net-Zero Institute, Taiwan’s first academy dedicated to cultivating green talents, has opened on Nov. 6 at the Kaohsiung Software Technology Park.
November 01, 2023Thai airways unveils new uniform with sustainable twist
Thai Airways has unveiled its new uniform, which blended with recycle material, for female cabin crew last Thursday and expects to launch on 1 January 2024.