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April 08, 2022

Microsoft Chile inks PPA with AES Andes to power data center with 100% renewables

Microsoft Chile announced that it has signed a renewable power purchase agreement (PPA) with Chilean electricity provider AES Andes S.A., allowing customers to cut their carbon footprint while speeding up their digitization.
March 30, 2022

Abu Dhabi to launch world's first regulated carbon trading exchange

Abu Dhabi Global Market announced on Tuesday the partnership with AirCarbon Exchange (ACX), a Singapore-based commodities exchange, which will allow ADGM to establish in Abu Dhabi the world’s first fully regulated carbon trading exchange and carbon cleari
March 23, 2022

Singapore and Indonesia to collaborate on regional carbon trading hub

Singapore's National Climate Change Secretariat (NCCS) stated on March 21 that the country has signed a Memorandum of Understanding (MoU) with Indonesia on cooperation in carbon pricing, climate change, and sustainability.
March 22, 2022

SEC’s draft carbon disclosure rules for companies with Scope 3 in dispute

The Securities and Exchange Commission (SEC) of the United States has released on Monday its long-awaited draft rule. If the rules are approved by the regulators, companies would be required to disclose their direct and indirect greenhouse gas emissions,
March 21, 2022

Voluntary carbon market expected to grow 100 times as firms vowing net zero

The carbon credit market, which consists of the voluntary and regulatory markets, has the potential to boom as the world approaches its 2050 goal of net zero carbon emissions. “The demand for voluntary carbon credits is estimated to grow 15 times by 2030,
March 18, 2022

Google-backed carbon footprint tracker may be game-changer for small businesses

As businesses around the world struggle to figure out how to manage their environmental footprints, Normative, a Swedish start-up backed by Google, has released a free version of its carbon emissions tracker.
March 15, 2022

UN inks largest P-REC agreement to light up displaced persons’ camp

With support from Energy Peace Partners (EPP), 3Degrees, a renewable energy consulting firm, and the International Organization for Migration (IOM), have inked the largest Peace Renewable Energy Credit (P-REC) agreement to date, which is also the first-ev
March 14, 2022

Mumbai becomes first South Asian city to set net-zero roadmap

Mumbai, India's financial hub, has unveiled its first ever Climate Action Plan as part of India’s pledge to achieve carbon neutrality by 2070. Under the plan, the city aims to reach net zero carbon emissions by 2050, becoming the first Southeast Asian cit
March 11, 2022

Australian carbon prices plummeted after regulator’s surprise intervention

Last Friday, Australia's Clean Energy Regulator announced new changes to the Emissions Reduction Fund, as well as a decision to share with carbon farmers and landholders the windfall profits generated from the change.
March 04, 2022

Tunisia teams up with 3 foreign firms for 500 MW clean electricity project

Three international businesses have been granted licenses to produce 500 MW of renewable energy in Tunisia, a government official said on Wednesday.
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