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February 07, 2024

Climate experts raise $12 million for the world’s first carbon credit insurance company

CarbonPool is set to be the first insurance company in the world with a carbon credit balance sheet. The firm announced the closure of a $12 million funding round on Jan. 29.
January 25, 2024

Analysts lowered EU carbon price forecasts due to weak power sector demand

Analysts have cut price forecasts for European Union carbon permits for 2024 to 2026, predicting that weak demand from power plants and sluggish industrial demand will impact the market.
January 23, 2024

China’s national voluntary carbon credit market resumes operations

China has relaunched its long-stalled voluntary carbon offset market, providing funding to projects with the potential to restrain emissions but facing challenges in generating profits.
January 12, 2024

How green manufacturing can maximize profitability

Japanese data communications company NTT DATA and Business Weekly co-organized an ESG forum on Jan. 11 in Kaohsiung to explore pathways for Taiwan’s manufacturing industry to align with the global net-zero trend.
December 22, 2023

Germany approves 50% hike in its carbon price next year

On Friday, Germany approved the plan to raise the price on carbon dioxide emissions by more than agreed on previously on Dec. 15. The country currently has a levy on CO2 emissions from fuel of 30 euros per ton of CO2.
December 21, 2023

Taiwan delegation to COP28 jointly acknowledge climate finance as transition accelerator

As the COP28 climate talks ended in a deal on global transition away from fossil fuels and triple renewable energy capacity by 2030, Taiwan Institute for Sustainable Energy Research (TAISE) invited Taiwan delegation to COP28 to share their observations.
December 05, 2023

IMF sees high carbon price as best incentive for decarbonization

The IMF is keen to see the price of carbon increase to give the "biggest possible incentive for decarbonization.” “That price needs to go up, up, up if we are to speed up decarbonization", said its Managing Director Kristalina Georgieva at COP28.
November 22, 2023

Demand for carbon-related insurance is growing, say experts

Where investors see risks in buying carbon credits that might not live up to their promise, insurers are seeing opportunity.
November 17, 2023

EU to auction 244 million carbon permits from Jan-Aug 2024

European governments will auction 244 million EU carbon permits from January to August next year under the bloc's ETS, the European Commission announced on November 16.
November 17, 2023

UK plans to introduce carbon border tax in 2026 following EU’s CBAM

In line with measures announced by the EU, the UK also plans to implement a carbon border tax starting from 2026.

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