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April 03, 2024
Vietnam cut electricity price adjustment period to align with market
Vietnam issued the latest electricity pricing mechanism on March 26, deciding to shorten the price adjustment period. The Electricity Regulatory Authority of Vietnam of the Ministry of Industry and Trade stated that this move aims to align with market.
April 03, 2024Vietnam’s ministry says carbon credits are sold at acceptable price
There is widespread belief that Vietnam is undervaluing its carbon credits, priced at just $5 each, but the Ministry of Agriculture and Rural Development (MARD) has refuted these claims.
April 02, 2024Vietnam Rubber Group evaluates rubber forest carbon for commercialization
The Vietnam Rubber Group (VRG) is optimistic about the carbon market. As outlined in its "2024 Green Growth and Sustainable Development Action Plan" announced on March 27, VRG will assess the feasibility of developing carbon credits from rubber forests.
April 02, 2024Africa’s largest exchange to initiate carbon credit trading
JSE Ltd., the largest stock and bond exchange in Africa, plans to begin trading carbon offset credits in the next two months.
March 26, 2024Vietnam seeks buyers for 5 million credits as forest carbon offset exceeds expectations
Vietnam’s carbon offset amount is beyond expectation. The government plans to sell the remaining 4.91 million of carbon credits with the help of World Bank in finding potential buyers or piloting auctions on international platforms.
March 26, 2024Amazon, Iberdrola sign 159 MW wind power PPA
Amazon announced on 20 a new power purchase agreement (PPA) with Spanish renewable energy company Iberdrola, with the US retail giant procuring 159 MW from the UK-based East Anglia THREE offshore wind farm.
March 25, 2024Indonesia to announce carbon emission caps to revitalize carbon credit market
Indonesia Ministry of Environment and Forestry has announced its intention to soon implement the Technical Approval for Emission Limits (PTBAE) set by the Minister of Energy and Mineral Resources (ESDM) and strongly believed that this regulation can enhan
March 25, 2024Advantech to advance into renewable energy, carbon credit procurement services
Taiwan-based industrial PC (IPC) maker Advantech has introduced the WISE-iEMS system, utilizing generative AI technology to proactively provide energy-saving strategies, promoting the sustainable transition of the industrial chain.
March 25, 2024UK 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, 2024Security 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.