News
News
October 04, 2023
Vietnam’s first voluntary carbon exchange initiated to promote low carbon economy
CT Group became the first Vietnamese firm to begin a voluntary carbon emissions exchange in response to global trade policies and to promote a low-carbon emission economy.
September 26, 2023
Indonesia launches first carbon exchange, traded at price of $4.51 per unit
Indonesia launched its first carbon emissions trading market to curb the climate impact of its coal-dominated power sector.
September 25, 2023
Tokyo Stock Exchange to launch carbon credit trading on October 11
Tokyo Stock Exchange will begin trading carbon credits on October 11, launching Japan's first exchange-based carbon market as the world's fifth-largest emitter moves to address climate change.
September 20, 2023
Indonesia’s first carbon trade to run on September 26
Indonesia plans to launch its first carbon trade next week, aiming to provide companies a mechanism to offset their emissions, while offering funding for carbon reduction projects.
September 19, 2023
Amazon makes first investment in DAC technology
Amazon announced that it will help fund the direct air capture technology by purchasing 250,000 tons of carbon removal over the next decade.
September 08, 2023
Singapore’s startup launches new carbon trading app, aim for Asia market
Singapore’s WealthGreen has launched its new app to disrupt sustainable investing and give retail investors access to the carbon credit market. The business was exemplified by Singapore’s Climate Impact X.
September 01, 2023
New Asia-based carbon credit certification launched in Singapore
Asia Carbon Institute, a carbon credit certification, was established in Singapore. The non-profit has formulated a voluntary carbon credit standard and will adopt strict validation processes to determine each carbon credit represents a reduction in carbo
August 25, 2023
Indonesia issues regulations for operation of its first carbon exchange
Indonesia's Financial Services Authority (OJK) has released a series of rules for the establishment of a carbon exchange, with the goal of launching an onshore carbon trading market by the year-end.
August 15, 2023
The huge potential and viability of carbon credit trading in ASEAN
ASEAN holds vast potential for generating carbon credits, given the region’s rich biodiversity and renewable energy sources. Climate experts suggest that member countries should collectively commit to a timeline for implementing regionwide carbon trading.
July 31, 2023
Supply shortages, poor data quality are main barriers for China’s carbon market
Poor quality data and supply shortages remain key hurdles for China’s national carbon ETS. The world’s largest carbon market has seen lower-than-expected trading volume and weak carbon prices in the past year.