News

Recently, Thailand amended tax laws to encourage mangrove restoration, with plans to exempt land taxes on green area, such as mangrove forests, starting in 2025.

Amid accusations of fraud, lax auditors and problematic offset certifiers, is the carbon credit market still … credible?

Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.

Southeast Asia's carbon market potential remains largely untapped. A recent report highlights that over the past 15 years, carbon credits provided by the ASEAN region have accounted for only 7% of the global carbon market.

Starting on Dec. 26, the Department of Energy (DOE) of the Philippines has announced that the Renewable Energy Certificate (REC) trading system will fully return to a market-driven mechanism.

At COP29 in Baku, developed-country parties agreed to help raise “at least” $300bn a year by 2035 for climate action in developing countries. Yet it faced a strong backlash from many developing countries, with some branding it a “joke” and “betrayal”.

During our workshop in Bali, experts from both nations found common ground when comparing the hurdles to sustainable coastal communities.

Amazon Web Services (AWS) unveiled new data center components on Dec. 3, including innovations in power supply, cooling systems, and hardware design aimed at supporting the development of next-generation artificial intelligence (AI).

Vietnam's National Assembly has approved the revival of nuclear power, with plans to develop nuclear energy to expand the use of low-carbon energy and achieve the national net-zero target by 2050.

COP29 released a draft climate finance proposal on Nov. 21, but key details regarding the scale, sources, and mechanisms of the funding remain unclear. This leaves member countries with the challenge of reaching a consensus in the coming days.