News

With a coastline extending over 3,000 kilometers, Vietnam, blessed with a unique geographical environment, is actively exploring new opportunities in blue carbon.

Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.

The Federal Reserve slashed interest rates by 50 basis points and suggested further reductions to come. The news immediately reverberated in the U.S. stock market, significantly boosting solar energy stocks.

Thailand's largest cement producer, Siam Cement Group (SCG), plans to invest THB 200 billion (about 6.3 billion USD) over the next five years to enhance the competitiveness of its subsidiaries, SCG Chemicals and SCG Cleanergy.

Starting this year, Singapore has increased its carbon tax to SGD 25 per ton (about 19 USD) and announced plans for further increases, aiming to encourage companies to accelerate their carbon reduction efforts.

Air taxis and other electric vertical take-off and landing vehicles (eVTOLs) are not useful mass transport technologies for the energy transition, according to a report by the Leibniz Centre for European Economic Research (ZEW).

The Philippines' Subic Bay Freeport Zone has vowed to become the first carbon-neutral economic zone, launching a series of net-zero initiatives. These plans include creating a net-zero roadmap for buildings, applying carbon capture technology, and more.

Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.

China’s mandatory national carbon market launched in 2021. So far, only companies with large coal-fired power generation have needed to comply. But other sectors, such as steelmaking, are set to join soon.

To reduce the carbon emissions of buildings, the Singapore government has implemented mandatory measures. Starting from the third quarter of next year, high-energy-consuming large buildings in Singapore must adopt energy-saving measures.