News
October 07, 2025
Indonesia to bring 50 million carbon credits to COP30 via global standard partnerships
Indonesia’s government has taken another major step toward integrating with global carbon credit systems. On Oct. 2, it signed a Mutual Recognition Agreement (MRA) with Verra, one of the world’s leading carbon credit certification bodies.
September 26, 2025Asia’s carbon pricing shift: How Japan, Korea, Indonesia step up ETS reforms
Taiwan launched its carbon pricing scheme this year. The Ministry of Environment hosted the “2025 Asia Carbon Pricing Forum,” gathering experts to share market developments and cap-and-trade practices in Japan, South Korea, and Indonesia.
September 17, 2025Singapore advances NDC with first nature-based carbon credit purchase
Singapore announced on September 16 that it will invest SGD 76.4 million (about USD 59.8 million) to procure its first batch of cross-border, nature-based carbon credits, enough to offset nearly 4% of the nation’s emissions.
August 27, 2025Philippines to launch carbon trading rules in energy sector this September
The Philippines is set to introduce carbon trading rules in September, initially targeting the energy industry in hopes of spurring low-carbon investment. The Department of Environment and Natural Resources (DENR) estimates the country will need around US
July 16, 2025Indonesia’s local companies make up 90% of carbon market buyers, IDX reveals
Indonesia’s official carbon exchange platform, IDX Carbon, has recorded nearly 1.6 million tons of carbon traded since its launch, with 90% of buyers coming from the domestic market.
July 07, 2025Vietnam aligns with global aviation climate standards from 2026
The Vietnamese government has committed to join the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), a global climate initiative aimed at reducing carbon emissions from international flights.
June 20, 2025Forum highlight: Advancing net zero with virtual power plants, green hydrogen, and carbon removal
To help businesses advance their net-zero transformation, RECCESSARY, a new energy and carbon market media platform, and EnergyOMNI, a net-zero knowledge platform, jointly hosted the New Energy and Carbon Market Business Forum on June 19.
May 23, 2025Climeworks to lay off over 20% of staff amid market, policy uncertainty
Swiss direct air capture (DAC) pioneer Climeworks recently announced a major round of layoffs, planning to cut more than 20% of its global workforce. Company executives attributed the move to macroeconomic uncertainty and shifting policy landscapes.
March 11, 2025Southeast Asia weighs unified ETS to boost carbon prices, overcome policy delays
Malaysia’s Sarawak has recently called for the establishment of a unified carbon market across ASEAN to boost carbon credit prices and address climate challenges.
March 11, 2025Carbon removal demand to hit 8 billion tonnes, but only 1% delivered—3 opportunities for Asia to lead
Carbon Forward Asia, held from March 4 to 5 in Singapore, featured a panel on the second day titled “Removals: Putting the Net into Net-Zero,” which explored the opportunities and challenges for advancing carbon removal in Asia.