News
Carbon Pricing
May 27, 2024
Indonesian carbon-offset startup aims to bring blue carbon to Japan and Singapore market
Indonesia has rich and diverse blue carbon resource. CarbonEthics, a local startup,is determined to bring blue carbon onto international trading platforms such as those in Singapore and Japan.
May 24, 2024Expert sees more room as global carbon pricing revenue hit record $104 bln
The World Bank released its "State and Trends of Carbon Pricing 2024" report on May 21, marking the first time Taiwan's carbon pricing policy has been included among the 75 operational carbon pricing instruments globally.
May 15, 2024Malaysia carbon exchange to auction first local nature-based carbon credits in July
The Malaysia Carbon Exchange (BCX) will auction its first batch of locally generated carbon credits on July 25. This event marks the expansion of its product offering to include local carbon credits in addition to global carbon credits.
April 18, 2024Thailand gears up for Climate Change Act amidst optimism and skepticism
Thailand is preparing to introduce the Climate Change Act. Assistant Minister of the Ministry of Natural Resources and Environment, Rachata Phisitbanakorn, mentioned in a seminar this month that the law may come into effect this year.
April 08, 2024Thailand promotes rubber plantation carbon credits for sustainable agriculture
Rubber Authority of Thailand has launched a rubber plantation carbon credit program with the goal of achieving carbon neutrality for 3.2 million hectares of registered rubber plantations in the country and further converting them into carbon credits for s
April 03, 2024Vietnam’s ministry says carbon credits are sold at acceptable price
There is widespread belief that Vietnam is undervaluing its carbon credits, priced at just $5 each, but the Ministry of Agriculture and Rural Development (MARD) has refuted these claims.
March 14, 2024Carbon fee for air travel up to airlines, says Mavcom
The Malaysian Aviation Commission (Mavcom) is reviewing the Malaysian Aviation Consumer Protection Code 2016 (MACPC) to align with the impending introduction of carbon fee for air travel, expected to be implemented as early as April this year.
March 01, 2024Carbon emission trading is best for Philippines: business group
The Philippine government is currently deliberating on how to implement carbon pricing, considering options between a carbon tax or an Emissions Trading System (ETS). The influential Makati Business Club (MBC) has publicly supported the latter and emphasi
February 21, 2024Taiwan's carbon fee exemption sparks debate as government, industry, academia urge fair competition
A forum titled “Carbon Levy and Sustainable Governance” took place on Feb. 20 in Taipei to facilitate exchanges among industry, government, academia, and research institutes on the topic of carbon pricing.
February 19, 2024Singapore airfares set to rise from 2026 over green fuel requirements
The Singaporean government plans to require all departing flights to use sustainable aviation fuel starting in 2026. This move is widely believed to increase costs for airlines, which may be passed on to passengers.