News
March 11, 2024
SBTi urges companies to accelerate carbon reduction beyond value chain
Science Based Targets initiatives (SBTi) has released two new reports on Feb. 28. These reports offer clearer guidance for companies to reduce the greenhouse gas (GHG) emissions beyond the value chain (Beyond Value Chain Mitigation, BVCM).
March 11, 2024
NTT, Mitsubishi launch industry chain decarbonization solutions
The Decarbonization Expo, running from Feb. 29 through March 1 alongside Japan’s World Smart Energy Week, featured decarbonization and supply chain solutions to help businesses accelerate carbon reduction.
March 11, 2024
IFC green loan to speed up renewable energy in Thailand, Indonesia, and Vietnam
The International Finance Corporation, a member of the World Bank Group, and Siam Commercial Bank of Thailand have decided to provide a green loan to Thailand's renewable energy company, Sermsang Palang Ngan (SPN), totaling approximately 64 million USD.
March 08, 2024
Singapore to build world's largest ocean-based carbon capture plant
The National Water Agency along with the University of California, Los Angeles (UCLA), and the American startup Equatic, announced on Feb. 28 a $20 million investment to construct the largest-ever offshore carbon removal facility in Tuas, Singapore.
March 08, 2024
Vietnam anticipates renewables to make up 70% of power mix by 2045
Vietnamese Prime Minister Pham Minh Chinh officially approved the "2030 National Energy Development Strategy" on Mar. 1. The strategy aims to increase the proportion of renewable energy to 15%-20% by 2030 and expects to reach 65%-70% by 2045.
March 07, 2024
Wind Energy Asia highlights localization, global expansion of Taiwan’s wind industry
The Wind Energy Asia returned for its sixth edition at the Kaohsiung Exhibition Center on March 6 to 8, bringing together professionals from the upstream, midstream, and downstream supply chain of the wind power industry.
March 06, 2024
Mitsui, IHI's new decarbonization technologies show Japan's ambition for hydrogen-powered transport
H2 & FC EXPO, the international hydrogen and fuel cell tradeshow held in Tokyo from Feb. 28 to March 1, spurred discussions on hydrogen application in carbon-neutral ports and green transportation and logistics at Japan's World Smart Energy Week.
March 05, 2024
Vietnam plans to set carbon emission quotas for cement and steel industries
After selling a considerable of carbon credits through the World Bank, the Vietnamese government is more optimistic about the prospects of the carbon credit market. According to statistics, Vietnamese corporations and organizations generate 41 million car
March 05, 2024
BMW, MG adverts banned over greenwashing concerns
Corporations developing sustainable carbon reduction products also need to avoid getting caught up in greenwashing controversies. German car manufacturer BMW and the UK-based MG Motor (Morris Garages) were called out by UK regulatory authorities for alleg
March 04, 2024
MWC: mobile network operators' carbon emissions down 6% with europe leads the reductions
Reducing carbon emissions is a challenge faced by every industry worldwide, including the mobile communications sector. The Global System for Mobile Communications Association (GSMA), organizer of the Mobile World Congress (MWC) in Barcelona, stated that
