News
Carbon Pricing
December 05, 2023
Indonesia’s carbon market flats, even no trading
After IDX Carbon launch, Indonesia's trading volume briefly outpaced Japan and Malaysia. However, a British media found little activity over the past 2 months, contrasting the earlier surge.
November 29, 2023Sarawak first in Malaysia to enact climate change law
The Sarawak Legislative Assembly has passed the Environment (Reduction of Greenhouse Gases Emission) Bill on November 20, making it the first state to have legislation to address climate change.
November 13, 2023Vietnam prepares for carbon tariffs in 2025 for net-zero target
As carbon taxes and credits become more prevalent across global markets, Vietnam is seeking ways to demonstrate its responsibility in decarbonization and help local businesses adapt to change.
October 30, 2023Indonesia’s carbon exchange outperforms Malaysia, Japan
Indonesia Carbon Exchange (IDX Carbon) has outpaced the performance of similar exchanges in Malaysia and Japan since its initiation on September 26.
October 05, 2023Singapore sets eligibility criteria for carbon credits to offset firms' carbon tax
Singapore set out the eligibility criteria governing international carbon credits that companies can purchase to offset their taxable carbon emissions.
October 04, 2023Vietnam’s first voluntary carbon exchange initiated to promote low carbon economy
CT Group became the first Vietnamese firm to begin a voluntary carbon emissions exchange in response to global trade policies and to promote a low-carbon emission economy.
October 03, 2023Indonesia maturing carbon tax regulation in response to EU’s CBAM
The Indonesian government is still working on finalizing its carbon tax regulation, which aims to anticipate the EU’s CBAM that will be fully implemented in 2026.
October 02, 2023EU launches transitional phase of CBAM, world's first carbon tariff
EU launched the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement, and other goods as it tries to stop more polluting foreign products from impeding its green transition.
September 14, 2023RECCESSARY seminar offers guides to purchasing green power in SEA region
Reccessary brought together roughly 50 professionals from manufacturing, energy, and financial service sectors, as well as the consulting industry in Taipei on Sept. 13 to navigate the path to a sustainable supply chain.
August 18, 2023Vietnam proposes environmental protection fee for emissions
The Vietnamese Ministry of Finance recommends collecting emissions protection fees and encouraging technological investment in emission facilities, aligning with the party's and government's environmental protection policies.