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December 20, 2023
Scramble for African forests looming for carbon credits
The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.
December 18, 2023Philippines relaxes rules to drive lending for green projects
The Bangko Sentral ng Pilipinas (BSP) officially approved 2 temporary measures to promote sustainable development and carbon reduction investment initiatives.
December 15, 2023Indonesia renewables couldn’t meet goals by 2025: officials
The Indonesian Ministry of Energy and Mineral Resources (ESDM) has confirmed that Indonesia can’t achieve its ambitious target to achieve 23% of renewable energy mix by 2025. Experts believe that the main reasons behind this are some financial constraints
December 12, 2023Taiwan exchange set to kick off trading for first batch carbon credits
The Taiwan Carbon Solution Exchange (TCX) will start trading carbon credits on Dec. 22, offering international credits from seven countries in Asia, Africa, and South America at a price of US$5 to US$15 per metric ton of CO2 equivalent.
December 11, 20232023 DJSI is out: 24 Taiwan companies are listed in 2 indexes
The latest results of the Dow Jones Sustainability Indices (DJSI), the highest honor for corporate ESG performance, were announced on 8th December. Taiwan has added four new companies to the list.
December 07, 2023Philippines eye first coal-plant phase-out by carbon finance
The Rockefeller Foundation collaborates with ACEN, a major Philippine energy player, using carbon financing for the early decommissioning and transition of a coal-fired power plant in the Philippines to renewable energy.
December 05, 2023Indonesia’s carbon market flats, even no trading
After IDX Carbon launch, Indonesia's trading volume briefly outpaced Japan and Malaysia. However, a British media found little activity over the past 2 months, contrasting the earlier surge.
December 04, 2023Japanese bank invests in CIX to expand Asia’s carbon credit market
CLIMATE Impact X has secured investment from Japan’s Mizuho Financial Group, which will collaborate with the Singaporean carbon exchange to meet the growing demand for international carbon credits among Japanese companies.
December 04, 2023Indonesia finalizes renewables target with G7 climate finance plan
Indonesia has officially finalized the Comprehensive Investment and Policy Plan (CIPP), aiming to persuade the members of the JETP to secure $20 billion in funds for green energy transformation.
November 30, 2023Taipower’s Round 2 auction for renewables awards 60 companies
Taipower has announced results of its Round 2 auction for small-amount green electricity on Nov. 30, with 60 companies winning contracts, with the new bundle of “100,000 kWh for five-year period” receiving the most bids.