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May 29, 2024
Malaysia launches Forest Conservation Certificate to fund conservation activities
The Malaysia Forest Fund (MFF) introduced its Forest Conservation Certificate (FCC), aimed at redirecting funds from the private sector to back forest conservation initiatives in the country, serving as a non-market mechanism.
May 29, 2024Singapore, Ghana ink carbon credit agreement allowing firms to offset carbon tax
Companies in Singapore aiming to offset part of their carbon tax liability will soon be able to purchase carbon credits from projects in Ghana, following an agreement signed between the two countries on May 27.
May 28, 2024Malaysia aims for 40% of primary energy mix to come from renewables by 2035
Malaysia government aims to ensure that 40% of the country’s primary energy mix comes from renewable sources by 2035, according to Deputy Prime Minister Fadillah Yusof.
May 27, 2024Indonesian carbon-offset startup aims to bring blue carbon to Japan and Singapore market
Indonesia has rich and diverse blue carbon resource. CarbonEthics, a local startup,is determined to bring blue carbon onto international trading platforms such as those in Singapore and Japan.
May 24, 2024U.S. regulator to issue carbon credit guidance to combat greenwashing and market turmoil
To mitigate the turmoil in the carbon credit market caused by the frequent occurrence of greenwashing incidents, the U.S. Commodity Futures Trading Commission (CFTC) is expected to finalize guidelines for carbon credits as early as September. These guidel
May 23, 2024How businesses drive data center decarbonization amid growing data volume
Leading telecom operator Chunghwa Telecom and uninterruptible power supply (UPS) system provider Eaton shared their solutions to carbon reduction through energy management at a forum titled "Green miracle for data centers" on May 22.
May 22, 2024Data center operators in Singapore seek more clarity on green roadmap as digital demands grows
Data center operators in Singapore aiming to become more environmentally friendly are seeking clearer guidance on a roadmap to reduce energy consumption.
May 22, 2024Japan’s Mizuho to fund coal plant to early shutdown in Southeast Asia
Mizuho Financial Group in Japan has announced a relaxation of investment restrictions on coal-fired power plants. Starting in July, the group will provide financing to assist the early decommissioning of power plants in Southeast Asian countries, becoming
May 21, 2024Singapore's draft power rules indicate increased state control in energy transition
Singapore's Energy Market Authority announced its intention to regulate access sharing for critical infrastructure and review plans when owners of significant power assets intend to repurpose their properties.
May 20, 2024Thailand's data center boom: energy and real estate sectors join the race
The data center boom driven by the technology industry has attracted other sectors to join the fray. Among them, Thailand's energy company B.Grimm Power plans to leverage its renewable energy advantages to seek partners, while Thai real estate developer C