News
May 27, 2024
Indonesian carbon-offset startup aims to bring blue carbon to Japan and Singapore market
Indonesia has rich and diverse blue carbon resource. CarbonEthics, a local startup,is determined to bring blue carbon onto international trading platforms such as those in Singapore and Japan.
May 27, 2024
SKC invests $100 million in world's largest biodegradable plant in Vietnam
Ecovance Vietnam, the subsidiary of SKC Group from South Korea invested approximately $100 million in May to produce biodegradable plastic PBAT (Polybutylene Adipate Terephthalate) in the Dinh Vu Industrial Zone in Hai Phong City,
May 24, 2024
Expert sees more room as global carbon pricing revenue hit record $104 bln
The World Bank released its "State and Trends of Carbon Pricing 2024" report on May 21, marking the first time Taiwan's carbon pricing policy has been included among the 75 operational carbon pricing instruments globally.
May 24, 2024
U.S. regulator to issue carbon credit guidance to combat greenwashing and market turmoil
To mitigate the turmoil in the carbon credit market caused by the frequent occurrence of greenwashing incidents, the U.S. Commodity Futures Trading Commission (CFTC) is expected to finalize guidelines for carbon credits as early as September. These guidel
May 23, 2024
Keppel claims the first adoption of carbon mineralized concrete in Vietnam
To embrace the green building transformation trend, Keppel, Singapore's largest multinational corporation, signed a Memorandum of Understanding (MOU) with Vietnamese concrete company FiCO Pan-United and construction firm Coteccons in early May.
May 22, 2024
Vietnam urges Apple suppliers to cut power use amid record electricity usage
After Vietnam's nationwide electricity usage hit a record high in late April, the local government is concerned about a potential recurrence of power shortages. Authorities have requested businesses and enterprises to implement power-saving measures, incl
May 22, 2024
Data center operators in Singapore seek more clarity on green roadmap as digital demands grows
Data center operators in Singapore aiming to become more environmentally friendly are seeking clearer guidance on a roadmap to reduce energy consumption.
May 22, 2024
Japan’s Mizuho to fund coal plant to early shutdown in Southeast Asia
Mizuho Financial Group in Japan has announced a relaxation of investment restrictions on coal-fired power plants. Starting in July, the group will provide financing to assist the early decommissioning of power plants in Southeast Asian countries, becoming
May 22, 2024
Singapore’s REDEX to be an exclusive partner to Malaysia’s TNBX to assist mGATS platform
REDEX has been chosen as the exclusive partner to Malaysia’s TNB’s wholly-owned subsidiary TNBX. The partnership aims to develop the mGATS into the leading digital trading platform for Malaysia Renewable Energy Certificates.
May 21, 2024
Indonesia to relax localization requirements for solar modules to attract investment
Indonesian government announced in an official letter in May that it has decided to revoke regulations on the local content requirements (TKDN) within the country’s electricity sector and ease the requirements for the localization of solar module parts.
