News
April 23, 2024
IETA unveils new guidelines for companies on carbon credits
The International Emissions Trading Association (IETA) has release new guidance for businesses looking to use carbon credits in their pursuit of climate goals.
April 23, 2024
Carbon capture can help reduce Singapore’s emissions, but huge challenges remain
The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.
April 22, 2024
Saigon Hi-Tech Park unveils focus on green and digital transformation
Saigon Hi-Tech Park (SHTP) in Vietnam hosted an enterprise networking event on the 16th, unveiling its focus for this year on digital and green transformation. This includes the development of 17 advanced technologies for green transformation and 10 emerg
April 22, 2024
Paris Olympics climate action criticized as falling short of sustainability targets
To mitigate global warming, the Paris Olympics has set ambitious carbon reduction goals. However, the non-profit organization Carbon Market Watch argues that its carbon footprint remains excessively high, making it difficult to be sustainable.
April 19, 2024
Indonesia president, former UK Prime Minister explore renewable investment in Nusantara
Indonesia President Joko Widodo and former British Prime Minister Tony Blair engaged in discussions on 18th regarding investment opportunities in the new capital of Indonesia, Nusantara, for the development of renewable energy and Carbon Capture and Stora
April 18, 2024
Transition credits need to be at least US$30 to hasten coal phase-out: CIX chief
Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at 30 USD per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 18, 2024
Concerns arise as Indonesia JETP progresses slowly in coal transition
After nearly 18 months, Indonesia's efforts to expedite its shift towards clean energy are stalling, with minimal progress made in phasing out coal plants.
April 18, 2024
Viettel inaugurates largest green data center in Vietnam
Vietnamese telecommunications firm Viettel has announced the opening of a data center in Hoa Lac Tech Park, Hanoi. The company said the Hoa Lac Data Center has over 2,400 racks across 21,000 square meters of floor space, with a total capacity of 30 MW.
April 18, 2024
Thailand gears up for Climate Change Act amidst optimism and skepticism
Thailand is preparing to introduce the Climate Change Act. Assistant Minister of the Ministry of Natural Resources and Environment, Rachata Phisitbanakorn, mentioned in a seminar this month that the law may come into effect this year.
April 17, 2024
Singapore pursues low-carbon methanol development to lead maritime fuel innovation
Singapore, as the world's largest maritime fuel supply center, is actively developing alternative fuels in response to the global net-zero trend. According to State for Sustainability and the Environment, Singapore is confident in supplying 1 million tons
