News

Vietnamese Ministry of Industry and Trade (MOIT) has proposed that the government allow manufacturing businesses to buy electricity directly from renewable energy sources, regardless of the involvement of the Vietnam Electricity Corporation (EVN).

The European Commission has announced a $30 million call for proposals to provide funding support for carbon removal projects in the region.

The Gununghalu village, situated in Indonesia's West Bandung Regency in West Java, serves as an exemplary model for achieving renewable energy independence, with implications applicable worldwide.

To fully unleash the potential of the carbon credit market, Indonesian government plans to speed up the review of relevant regulations and introduce new laws in June.

The International Emissions Trading Association (IETA) has release new guidance for businesses looking to use carbon credits in their pursuit of climate goals.

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.

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.

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.

The Malaysian government has agreed to set up the Energy Exchange Malaysia (Enegem) to facilitate cross-border trading of green electricity to neighboring countries.

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.