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July 05, 2023
Ho Chi Minh City carries out trial of carbon credit trading
After being approved by the Vietnamese Congress, Ho Chi Minh City will pilot a " Carbon Credit Exchange and Clearing Mechanism", starting from August 1st.
July 04, 2023Vietnam aims to be Southeast Asia renewables leader but challenges remain
Vietnam is poised to become a regional leader in renewables, an energy policy official said. Still, challenges faced by investors such as uncertainty in the regulations and the shortage of infrastructures remain.
July 04, 2023EU supports Vietnam with 142 mln euros for energy transition
Vietnam’s Ministry of Industry and Trade (MOIT) and the EU delegation to Vietnam held a policy dialogue on the Sustainable Energy Transition Program (SETP) in Hanoi on June 30. The EU will provide 142 million euros through Official Development Assistance
June 30, 2023Vietnam eyes investment in green energy to grow carbon market
Vietnam’s is seeking investment in clean energy as part of its plan to develop a carbon market for the purpose of meeting net zero emissions by 2050.
June 26, 2023Indonesia carbon exchange set to launch in September
Indonesia projects to initiate its carbon exchange in September, with power generation companies the first to trade on it.
June 20, 2023Shell-led Dutch offshore wind farm delivers first electricity
The large Hollandse Kust Noord offshore wind farm has produced the first electricity, said the companies running the project on Monday.
June 13, 2023New alliance to grow UAE carbon market
A new coalition called UAE Carbon Alliance making up of UAE companies has been established to develop and grow a carbon market in the United Arab Emirates.
June 07, 2023UN controversial document sparks global debate on carbon offsets
A draft document to define a new global carbon market released last month by the United Nations elevated nature-based solutions like planting trees while downplaying the role of carbon dioxide removal (CDR) via machines or other forms of technology.
June 06, 2023Carbon markets predicted to face short-term price dips
Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t
June 02, 2023Zimbabwe introduces stricter carbon credit regulations to combat greenwashing
Zimbabwe’s environment ministry plans to closely regulate voluntary carbon offset trading to curb greenwashing and ensure benefits go toward local communities.