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January 22, 2025

Indonesia opens carbon market to global buyers with 40,000 tons traded on first day

Indonesia's carbon market officially opened to international buyers on Jan. 20, with over 40,000 tons of carbon dioxide equivalent (CO2e) traded on the first day.
January 15, 2025

How did Southeast Asia move forward on climate goals in 2024?

While world leaders failed to secure meaningful action, extreme weather events battered Southeast Asia, underscoring the deadly consequences of inaction on climate change and the urgent need for inclusive solutions.
January 14, 2025

Indonesia to launch first international carbon trading with PLN-backed projects

Indonesia will open its carbon credit market to international buyers for the first time on Jan. 20, with 1.7 million carbon credits available for trade. These credits can be purchased by countries as part of their NDCs.
December 23, 2024

‘Phantom’ rice projects expose voluntary carbon market failings

Amid accusations of fraud, lax auditors and problematic offset certifiers, is the carbon credit market still … credible?
November 18, 2024

COP29: Baku summit makes early breakthrough on global carbon market standards

On the opening day of the United Nations Climate Summit (COP29), a major breakthrough was achieved in global carbon market negotiations. Member countries endorse a United Nations-backed carbon credit trading mechanism.
September 30, 2024

Thailand turns to mangrove carbon credits despite scepticism

Thailand aims to bring thousands of hectares of mature mangroves into its new carbon market, but local communities are concerned about the consequences.
September 16, 2024

Indonesia’s new government targets $65 bln green fund through carbon credit revenues

Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.
September 16, 2024

China’s carbon market is moving from burden to boon

China’s mandatory national carbon market launched in 2021. So far, only companies with large coal-fired power generation have needed to comply. But other sectors, such as steelmaking, are set to join soon.
May 07, 2024

Only 13% of carbon credit buyers have SBTi-approved net zero targets: MSCI

Most companies purchasing carbon credits have not been made net-zero pledges approved by SBTi. According to MSCI Carbon Markets, over the past decade, only 13% of companies using carbon credits have set long-term carbon reduction targets. The report furth
March 25, 2024

Indonesia to announce carbon emission caps to revitalize carbon credit market

Indonesia Ministry of Environment and Forestry has announced its intention to soon implement the Technical Approval for Emission Limits (PTBAE) set by the Minister of Energy and Mineral Resources (ESDM) and strongly believed that this regulation can enhan

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