May 30, 2024

UK carbon trading to include waste-to-energy, carbon removal

The UK ETS Authority announced on May 23 that it is launching a consultation on the inclusion of waste-to-energy, waste incineration, and carbon removals in the carbon emissions trading system.
May 21, 2024

Small modular reactors gain traction in Southeast Asia to cut emissions

Small modular reactors (SMRs), which are smaller and produce less nuclear waste, are gaining traction, particularly in Thailand and the Philippines.
May 07, 2024

Indonesia revokes license of the largest forestry offsets project in the world

Indonesia's Ministry of Environment and Forestry has struck a blow to the Rimba Raya project on Borneo Island, one of the world's largest carbon offset initiatives, by revoking its license due to violations of local regulations.
January 10, 2024

Thai’s EA groups, Swiss complete first sale of Paris Agreement carbon offsets

Thai electric bus operator, Energy Absolute, announced on Jan 8 that it had sold the first carbon offsets under a new system established by the Paris Agreement to a Swiss fossil fuel group, a major landmark for putting into action the UN climate accord.
November 16, 2023

Changi airport allows travelers offset carbon emission

Offsetting carbon footprint couldn’t be simpler. Changi Airport has launched a new service on its website and cell-phone application for passengers to calculate the carbon emissions and allow credit card to offset them by supporting forest-planting.
October 05, 2023

Singapore sets eligibility criteria for carbon credits to offset firms' carbon tax

Singapore set out the eligibility criteria governing international carbon credits that companies can purchase to offset their taxable carbon emissions.
July 27, 2023

ICVCM set global standards to bring transparency to the voluntary carbon market

ICVCM outlined criteria for new voluntary standards on July 27 and hope to issue labelled credits by the end of the year to bring transparency to the unregulated marketplace.
July 21, 2023

Tanzania carbon credit projects draw $20B: the growing value of Africa

Voluntary carbon market is gaining momentum in Africa, with Tanzania revealing that it will receive over $20 billion investment for carbon offset credits.
June 30, 2023

VCMI launch standard to rate company’s carbon offset claims

A standard to assess cooperate’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on June 28 by VCMI aiming to bring transparency and confidence to an unregulated market.
June 07, 2023

UN controversial document sparks global debate on carbon offsets

A draft document to define a new global carbon market released last month by the United Nations elevated nature-based solutions like planting trees while downplaying the role of carbon dioxide removal (CDR) via machines or other forms of technology.

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