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March 25, 2024

UK regulator can fine up to 10% of global turnover for greenwashing

In the UK, 40% of large businesses face hefty fines for greenwashing in 2024, as stringent consumer protection regulations implemented by the Competitions and Markets Authority and the EU take effect.
March 25, 2024

Security Bank, Helios collaborate for solar energy in Filipino households

Security Bank has partnered with climate fintech firm Helios to enhance access to clean energy for Filipino homeowners. The two firms signed a memorandum of agreement last month to alleviate financial pressure on households facing increased power costs.
March 22, 2024

Hundreds of firms drop SBTi net-zero commitments due to scope 3 challenges

The Science Based Targets Initiative (SBTi) continues to track the implementation of net-zero commitments among businesses. In its latest update, 239 companies are marked as "Commitment Removed", including major multinational corporations such as Microsof
March 22, 2024

Indonesia to reassess geothermal potential to attract investment

Indonesia’s strategic location along the Pacific Ring of Fire endows it with approximately 40% of the global geothermal reserves. Despite having a geothermal generation capacity of around 24 GW, limited demand has hindered investment attraction. As a resu
March 22, 2024

Off-grid solar lights up lives in Indonesian remote village

Life in the village of Laindeha on the island of Sumba, Indonesia, used to grind to a halt at sunset. However, everything transformed three years ago with the introduction of electricity.
March 22, 2024

Mitsubishi, PTT to explore ammonia-fired power in Thailand

Thai state-owned oil and gas firm PTT and Japan’s Mitsubishi Heavy Industries Asia Pacific have started a collaborative pre-feasibility study into utilizing 100% ammonia in gas turbine power generation in Thailand.
March 21, 2024

U.S. to fund $500 million in green exports to Vietnam

The U.S. has signed a $500 million deal to promote green exports to Vietnam, the source of the country's third-largest trade deficit and a quickly rising manufacturing alternative to China.
March 21, 2024

Top 10 greenwashing fine rankings with car, retail giants on the list

With greenwashing penalties expected to rise in frequency and severity in increasing in certain jurisdictions, a German startup focused on plastic reduction, CleanHub, has compiled a ranking of the largest greenwashing fines given out to date.
March 20, 2024

Net zero city, smart city expos demonstrate Taiwan's green transformation strengths

The 2024 Smart City Expo and 2050 Net Zero City Expo kicked off in Taipei on March 19, showcasing smart city technologies in transportation, healthcare, construction, manufacturing, security, and net-zero emissions applications.
March 20, 2024

CCS market size projected to grow by 104.5 million tons by 2027

Carbon Capture and Storage market is forecasted to increase by 104.5 million tons from 2023 to 2027. Additionally, the market is expected to grow at a CAGR of 22.91% during the forecast period.
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