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July 15, 2022
Indonesia’s carbon credit export potential hits Rp2.6 trillion
Indonesia’s carbon credit export potential in the forestry sector has reached Rp2.6 trillion (US$172.6 million) per year, said Finance Minister Sri Mulyani Indrawati at the Sustainable Finance for Climate Transition Roundtable, a G20 side event held on Ju
July 14, 2022Temasek raises internal carbon price to US$50, aiming US$100 by 2030
In the hopes of cutting the net carbon emissions of its portfolio, Temasek, Singapore’s state investment company, will lift its internal carbon price from US$42 to US$50 per tonne of carbon dioxide this year, with plans to further raise it to US$100 by th
July 14, 2022UK government invests £54M in carbon removal tech projects
The UK government has invested over 54 million pounds ($65 million) in 15 projects that develop carbon emissions removal technology.
July 12, 2022Houston-based carbon credit registry provides first international soil carbon credits in UK
A Houston-based non-profit organization, BCarbon, issued their first international soil carbon credits that using farmland to remove carbon in the atmosphere in the UK.
July 08, 2022Shanghai eyes personal carbon account to encourage low-carbon consumption
Shanghai’s Pudong New District will create personal carbon accounts for local citizens, according to a new local green finance rule entering into force on 1 July. The move aims to explore the emission-cutting potential of personal consumption and package
July 07, 2022EU parliament backs green label for gas, natural gas investment
The European Parliament voted on Wednesday to label investment in gas and nuclear facilities as environment-friendly, in a bid to help the bloc carry out its climate pledge by facilitating private investment in power plants.
July 06, 2022Hong Kong exchange to set up international carbon market with HSBC, Tencent
The Hong Kong Exchanges and Clearing Ltd (HKEX) announced on Monday that it has teamed up with major corporations and financial institutions such as HSBC and Tencent to create an international carbon market.
July 05, 2022Mitsubishi signs virtual PPA with Murata for renewable energy supply
According to Nikkei, Japanese trading house Mitsubishi Corp. will start selling renewable electricity certificates that buyers can use as offsets for their energy consumption. The first buyer is Murata Manufacturing, an electronic components maker and one
July 05, 2022Australian direct air carbon capture tech company secures US$700,000 deal
An Australian prototype carbon capture and storage machine has secured a US$700,000 contract and this deal is thought to be the first time an Australian company has obtained a deal to remove CO2 using direct air capture (DAC) technology.
July 04, 2022Dubai to source 14% of energy from renewables by end of year
Dubai, economic and financial hub of the United Arab Emirates, plans to increase the share of renewables in its energy mix to 14% by the end of 2022 as part of the country’s attempts to meet its environmental targets.