News
October 03, 2023
Indonesia maturing carbon tax regulation in response to EU’s CBAM
The Indonesian government is still working on finalizing its carbon tax regulation, which aims to anticipate the EU’s CBAM that will be fully implemented in 2026.
September 26, 2023Indonesia 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, 2023Tokyo 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 19, 2023Amazon 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, 2023Singapore’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, 2023New 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 30, 2023Vietnam aims to sell green electricity to Singapore as well as enhance bilateral cooperation
Vietnam and Singapore plan to enhance cooperation in renewable energy, with many Vietnamese localities aiming to export green electricity to Singapore.
August 28, 2023Bangchak partners with Agri sectors for carbon credit and renewables projects
Bangchak PLC has signed a MoU with stakeholders to promote carbon credit schemes in forestry and agricultural sectors, as well as renewable energy projects.
August 25, 2023Indonesia 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, 2023The 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.