News

The country’s biggest corporate mangrove projects are yet to generate carbon credits. But they could lay the foundation for a blue carbon market, experts say.

The researchers point to the need for diversified sources of conservation funding to complement carbon markets, such as blended finance, green bonds and payment for ecosystems services, as well as more supportive governance frameworks.

This week in ASEAN, the Philippines unveiled a USD 1 billion incentive programme to accelerate domestic EV manufacturing, while the EU’s proposed expansion of its ETS signaled rising carbon compliance costs for Asian airlines and exporters. 

Vingroup is registering EV and charging carbon credits under Gold Standard and VCS, targeting 4.5 million credits by 2029. Vietnam's domestic ETS launched with 511M tCO2e in allowances across three sectors.

Indonesia holds 17% of the world's mangroves and seagrasses, yet still lacks the trained workforce needed to deliver its blue carbon ambitions.

SAF is widely seen as a key solution for decarbonizing the aviation sector. However, the International Air Transport Association (IATA) has struck a pessimistic tone, projecting global SAF production will reach just 2.4 million.

The use of international carbon credits by European countries to meet greenhouse gas emission reduction targets could lead to significantly higher emissions at home, the NewClimate Institute warned.

The Philippines is advancing marine ecosystem management, backed by USD 1 billion in international financing and a new national blue economy framework.

Indonesia reported modest results from its carbon-credit sales at this year’s UN climate summit (COP30), booking pledges for 2.75 million tonnes of CO₂ reductions amid criticism.

The International Air Transport Association (IATA), Japan, and Malaysia are calling for a single, strengthened global system to regulate aviation emissions and support coordinated climate action toward net-zero by 2050.