News
News
January 12, 2023
Carbon pricing could raise $7-B revenues in the Philippines: IMF
The introduction of carbon pricing in the Philippines could raise around $7 billion in revenues by 2030, according to a report released by the International Monetary Fund (IMF).
November 16, 2022Australian carbon trading volumes jump 50% as corporates place bets ahead of review
Australia’s carbon trading market has been booming over the past week with traded volumes leaping more than 50%, as big corporates race to secure offsets ahead of Labor’s pending industrial emissions reforms.
October 12, 2022London Stock Exchange introduces listing rules for carbon offset
The London Stock Exchange has set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.
October 03, 2022Malaysia to become major carbon market in Asia: McKinsey
Malaysia is poised to become one of Asia's leading carbon markets, according to global consulting giant McKinsey & Co.
August 11, 2022Australian climate advisers recommend establishment of national carbon market
Australia’s Climate Change Authority recently suggested Australia establish a transparent national carbon market and hint at integrating voluntary and compliance carbon markets.
August 09, 2022Voluntary carbon market worth $2 billion now
The voluntary carbon market (VCM) now has a real worth of $2 billion, with prices of up to 170 forms of carbon credits on the rise, according to a recent Ecosystem Marketplace (EM) report.
July 29, 2022Canadian city of New Westminster earns $26 million from selling low-carbon credits
The City of New Westminster in western Canada recently received 26.4 million Canadian dollar ($20.6 million) after selling the credits it had earned under the BC Low Carbon Fuel Standard (BCLFS).