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March 26, 2024

Vietnam seeks buyers for 5 million credits as forest carbon offset exceeds expectations

Vietnam’s carbon offset amount is beyond expectation. The government plans to sell the remaining 4.91 million of carbon credits with the help of World Bank in finding potential buyers or piloting auctions on international platforms.
March 19, 2024

Public and private sectors join forces to explore carbon reduction solutions

Business Today held the 4th ESG Sustainability Taiwan International Summit in Taipei on March 18, inviting government bodies as well as Taiwanese companies to share their low-carbon practices.
March 08, 2024

Singapore to build world's largest ocean-based carbon capture plant

The National Water Agency along with the University of California, Los Angeles (UCLA), and the American startup Equatic, announced on Feb. 28 a $20 million investment to construct the largest-ever offshore carbon removal facility in Tuas, Singapore.
March 05, 2024

Vietnam 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
February 26, 2024

World's most expensive carbon credits in Thailand's first forest initiative

The Bank for Agriculture and Agricultural Cooperatives (BAAC) in Thailand has bought 400 tons of carbon credits at what is considered the world's highest price for such a project.
February 22, 2024

Tesla achieves record breaking sales of $1.79 billion from carbon credits

Tesla earned $1.79 billion from carbon credit sales last year, as disclosed in its Q4 2023 and annual financial report, bringing its total earnings from such credits since 2009 to nearly $9 billion.
February 17, 2024

Vietnam’s FPT works with Japan’s Carbon EX to compete in the carbon market

FPT Group has announced its cooperation with Carbon EX, a Japanese carbon credit trading platform, to develop carbon market in Vietnam and establish carbon credits that meet international standards and provide solutions for green transformation.
February 07, 2024

Climate experts raise $12 million for the world’s first carbon credit insurance company

CarbonPool is set to be the first insurance company in the world with a carbon credit balance sheet. The firm announced the closure of a $12 million funding round on Jan. 29.
February 06, 2024

Microsoft buys soil carbon storage credits from nature-based startup

Microsoft signed another carbon removal agreement to help accelerate its climate goals. The tech giant made a deal with Grassroots Carbon, a startup offering nature-based soil carbon storage solutions, for soil carbon removal drawdown credits.
January 25, 2024

Vietnam's first carbon credit program starts this fall

Lilama 2 College has announced its collaboration with British-based Pearson BTEC, to introduce a carbon credit academic program, and become the first educational institute in Vietnam to offer a carbon credit academic program.
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