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April 18, 2024
Transition credits need to be at least $30 to hasten coal phase-out: CIX chief
Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at $30 per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 17, 2024SBTi releases an official clarification to its Scope 3 statement
Considering the recent controversies surrounding the Science Based Targets initiative (SBTi) changing its stance on offsetting Scope 3 emissions, the Board of Trustees has issued an additional clarification to its initial statement.
April 16, 2024Green investment resumes growth in Southeast Asia, but falls short of emission reduction targets
Green transformation investment in Southeast Asia has resumed growth, increasing significantly by 20% in 2023. However, it remains far from sufficient to achieve emissions reduction goals.
April 16, 2024Malaysia establishes Energy Exchange Malaysia for cross-border trading of green power
The Malaysian government has agreed to set up the Energy Exchange Malaysia (Enegem) to facilitate cross-border trading of green electricity to neighboring countries.
April 16, 2024Frasers Property works with SP Group to install solar panels across seven properties
Frasers Property is collaborating with SP Group to install nearly 4,500 square meters of solar panels across seven of its retail and commercial properties in Singapore. This is the largest single solarization rollout for retail malls in the country.
April 12, 2024Vietnam’s green energy company to apply blockchain for carbon credits
Vietnam’s Tin Thanh Group has collaborated with Centre for Quality Certification to conduct carbon inventory and convert an annual reduction of 1 billion tons of carbon dioxide into NFTs.
April 12, 2024SBTi rules relaxed set to boost the carbon credits market
The Science Based Targets initiative announced that it will allow the use of carbon credits to reduce emissions from Scope 3. Draft guidelines for the new policy, which will inform a revised Corporate Net Zero Standard, are set to be published July.
April 11, 2024Greenwashing fear is hindering Asia corporates’ sustainability agenda, study finds
According to global consulting firm Kearney, over 70% of executives in the Asia-Pacific region expressed reluctance to publicly disclose carbon reduction plans due to greenwashing anxieties.
April 08, 2024Thailand promotes rubber plantation carbon credits for sustainable agriculture
Rubber Authority of Thailand has launched a rubber plantation carbon credit program with the goal of achieving carbon neutrality for 3.2 million hectares of registered rubber plantations in the country and further converting them into carbon credits for s
April 08, 2024The young Filipinos studying clean energy in China
Training projects are benefiting the renewable energy sectors of Belt and Road countries. In the autumn of 2023, 18 Filipino students, with ages ranging from 17 to 22, came to China to start a course in “new energy engineering”.