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December 28, 2023
Indonesia vice presidential debate: CCS in the spotlight
The issue of Carbon Capture and Storage (CCS) was debated by Gibran Rakabuming Raka and Mahfud MD during the vice presidential debate last Friday. This unexpected topic of question has become widely discussed.
December 28, 2023OCBC to create decarbonization fund to aid Southeast Asia’s energy shift
Singaporean financial service group Oversea-Chinese Banking Corp. (OCBC) has partnered with Japan’s investment firm Mercuria Holdings to create a fund of up to $500 million to finance decarbonization-related businesses in Southeast Asia.
December 28, 2023Vietnam earns more than $41 million from selling forest carbon credits
Vietnam has received more than 41 million U.S. dollars from selling forest carbon credits as part of an emission reduction deal with the World Bank. The money is transferred to localities to pay locals and communities to protect forests.
December 27, 2023KLCC embraces food waste management for long-term sustainability
Malaysia’s Kuala Lumpur Convention Centre (KLCC) converted 23,950 kg of food waste into compost from January to December this year, utilizing its composting facility established in 2022.
December 22, 2023Singapore’s first public sector sustainability report: no bottled water
Singapore is leading other Southeast Asian countries by releasing its first government sustainability report. Besides carbon reduction achievements, the government has announced the gradual elimination of single-use items.
December 21, 2023Taiwan delegation to COP28 jointly acknowledge climate finance as transition accelerator
As the COP28 climate talks ended in a deal on global transition away from fossil fuels and triple renewable energy capacity by 2030, Taiwan Institute for Sustainable Energy Research (TAISE) invited Taiwan delegation to COP28 to share their observations.
December 21, 2023Vietnam pilots carbon credit exchange from 2025, enterprises may struggle to comply
Vietnam Carbon Credit Exchange is expected to trial from 2025, but the details of the trial phase are still under development, especially regarding policies, legal framework, and human resources for the development are seriously insufficient. It will be d
December 20, 2023Scramble 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