News
April 13, 2026
ASEAN Weekly: World Bank cuts Thailand growth to 1.3%; Vietnam opens international carbon trading
This week’s ASEAN sustainability highlights the economic drag from the energy crisis and new developments in international carbon trading. The World Bank has downgraded Thailand’s 2026 economic growth forecast to 1.3%, as Prime Minister rolled out energy
March 20, 2026Indonesia plan to rezone elephant reserve for carbon trading and tourism sparks backlash
Indonesia plans to rezone large parts of the national park for carbon trading and luxury tourism to raise conservation funds. Experts say carbon projects and reforestation could reduce elephant food sources and worsen human-wildlife conflict.
October 16, 2025Indonesia lifts ban on cross-border carbon trading to boost state revenue
Indonesia has reopened its carbon market to international buyers after a four-year hiatus. President Prabowo Subianto signed a presidential regulation on Oct. 10 allowing the cross-border sale of Indonesian carbon credits.
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.
May 20, 2025UK, EU agree to link carbon trading systems to ease trade barriers
UK and EU reached an agreement to establish a framework compatible with their respective Emissions Trading Systems (ETS) on May 19, which includes defining CBAM exemptions and mutual recognition of emission allowances.
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.
May 20, 2024Sarawak's energy transition: Green power trading, renewables development, and green policies
Prime Minister Abang Johari of Sarawak State of Malaysia led representatives of Sarawak Energy Berhad and other energy companies to attend the Future Energy Asia 2024 in Bangkok, Thailand on May 17 to showcase their energy transition strategies.
May 07, 2024It’s crucial to build carbon credit management mechanism: Vietnam’s Prime Minister
Vietnamese Prime Minister Pham Minh Chinh recently issued a directive emphasizing the urgent need to establish a carbon credit management mechanism, which aims to help local businesses better grasp the carbon market and meet the Nationally Determined Cont
April 02, 2024Africa’s largest exchange to initiate carbon credit trading
JSE Ltd., the largest stock and bond exchange in Africa, plans to begin trading carbon offset credits in the next two months.
March 05, 2024Vietnam plans to set carbon emission quotas for cement and steel industries
After selling a considerable of carbon credits through the World Bank, the Vietnamese government is more optimistic about the prospects of the carbon credit market. According to statistics, Vietnamese corporations and organizations generate 41 million car