News
Carbon Pricing
October 30, 2023
Indonesia’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.
July 25, 2023Indonesia, UK partner to set carbon price ahead of bourse launch in September
Indonesia and the UK signed an implementing arrangement to assist the Southeast Asian country in establishing carbon pricing.
July 05, 2023China says no way to set the same carbon price as EU now
It is now impossible to ask China to set the same carbon price as the EU, as the two sides' carbon prices were set under different development conditions and emission goals, said a Chinese climate official, who also criticized EU's new carbon tariff as "u
May 29, 2023Carbon pricing generates record revenue, says World Bank report
Charging firms for emitting carbon dioxide has generated a record high of about $95 billion in revenue, but prices remain too low to meet the targets set by the Paris climate accord, says a World Bank report.