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December 27, 2024
Vietnam's coal imports surge amid struggles with energy transition, grid challenges
Vietnam leads Southeast Asia in solar power generation, and the government has actively set policies to promote renewable energy. However, the International Energy Agency (IEA) forecasts that Vietnam's coal imports will surpass Taiwan in 2024.
December 26, 2024IPBES nexus report: Five takeaways for biodiversity, food, water, health and climate
“Fragmented governance” between biodiversity, climate change, food, water and health is putting all of those systems at risk, according to a major new report from the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES)
December 23, 2024Thailand exempts land tax to boost blue carbon in mangrove forests
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.
December 23, 2024‘Phantom’ rice projects expose voluntary carbon market failings
Amid accusations of fraud, lax auditors and problematic offset certifiers, is the carbon credit market still … credible?
December 18, 2024Malaysia's banks accelerate carbon reduction with solar, financing projects
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.
December 13, 2024Southeast Asia's carbon market could reach $3 trillion by 2050, says ASEAN report
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.
December 11, 2024Philippines' renewable energy market to enter full commercial operation
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.
December 10, 2024Analysis: Why the $300 bln climate-finance goal is even less ambitious than it seems
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”.
December 06, 2024Small-scale fishers of Indonesia and China face similar issues
During our workshop in Bali, experts from both nations found common ground when comparing the hurdles to sustainable coastal communities.
December 04, 2024AWS to decarbonize new data center with AI innovation
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).