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June 01, 2022
Bursa Malaysia, Verra team up to work on voluntary carbon market
In the hopes of establishing a voluntary carbon market (VCM) in Malaysia, the Bursa Malaysia Exchange has signed a memorandum of understanding (MoU) with Verra, an international carbon credit standards body.
June 01, 2022European carbon prices hike as power generators turn to coal
European carbon prices surpassed 85 euros due to higher compliance buying caused by a rapid increase in coal-fired power output in the bloc, resulting in an estimated 60 megatonne of additional carbon emissions.
May 27, 2022Verra halts tokenization of carbon credits to avoid double counting
Verra, one of the world’s major carbon offset accreditors, announced on Wednesday that it will prohibit the practice of producing blockchain tokens or instruments based on retired credits.
May 26, 2022US government may require suppliers to disclose GHG emissions
In an effort to boost decarbonization in the United States, the Biden administration will soon propose a rule requiring major companies that supply goods and services to the federal government to report their greenhouse gas emissions, a White House source
May 18, 2022Indonesia, PNG restrictions may stifle carbon credit market
With two major carbon credit exporters in the Asia-Pacific—Indonesia and Papua New Guinea—declaring to cut back on generation, the fast-growing market is now facing challenges.
May 13, 2022Vodafone pens 10-year solar power purchase agreement with Centrica
Vodafone has secured a 10-year power purchase agreement (PPA) with Centrica for solar energy generated by three new solar farms in Lincolnshire, Worcestershire, and Nottinghamshire. The deal helps the telecom secure clean energy supply and supports its go
May 11, 2022Visa teams up with banks to facilitate carbon credit transaction
The global payments technology company Visa, together with Carbonplace, a carbon credit settlement platform, has developed a carbon credit system and has conducted a successful pilot transfer.
May 09, 2022China’s farmers can now earn money with ‘carbon tickets’
China launched the country’s first carbon emission trading platform for agriculture sector on May 5 as part of the government’s efforts to hit carbon emission peak before 2030 and achieve carbon neutrality by 2060.
May 06, 2022EU drafts sustainability disclosure standards for businesses
Under the new European Union reporting standards, companies would be required to set a significantly broader range of sustainability targets, Carbon Disclosure Project, a non-profit environmental organization, said on Tuesday.
May 05, 2022Japan submits to IMO ‘most ambitious’ carbon tax plan
The Japanese government has submitted a proposal to the International Maritime Organization (IMO) to impose a hefty carbon tax, adding to a growing list of possibilities for the regulator’s Marine Environment Protection Committee (MEPC) to consider at its