News
News
July 27, 2023
ICVCM set global standards to bring transparency to the voluntary carbon market
ICVCM outlined criteria for new voluntary standards on July 27 and hope to issue labelled credits by the end of the year to bring transparency to the unregulated marketplace.
July 24, 2023Activists urge Indonesia to push for fairer carbon market
Climate activists urge Indonesia to ensure that the global carbon market does not undermine genuine greenhouse gas emission reduction efforts ahead of the COP28 in Dubai.
July 12, 2023Malaysia’s national carbon policy expected to be enacted this year
Malaysia ‘s National Carbon Policy, which aims to provide guidance on carbon trading at the state level, is expected to be ready for carry out this year.
July 10, 2023Vietnam, Luxembourg promote cooperation for green development
Vietnam's Ministry of Finance delegation visited Luxembourg from July 5 to 8 and had a meeting with the Luxembourg Stock Exchange (LuxSE), hoping that the country could assist Vietnam in building a carbon market.
July 10, 2023India forms committee to oversee its first domestic carbon market
To boost the trading of carbon credits in the country, India’s Ministry of Power has notified the Carbon Credit Market Scheme. Within just a few days ago, the government releasing a draft document for establishing a carbon credits market in India.
June 30, 2023Vietnam eyes investment in green energy to grow carbon market
Vietnam’s is seeking investment in clean energy as part of its plan to develop a carbon market for the purpose of meeting net zero emissions by 2050.
June 26, 2023Indonesia carbon exchange set to launch in September
Indonesia projects to initiate its carbon exchange in September, with power generation companies the first to trade on it.
June 21, 2023Brazil vice president says carbon market could increase GDP by 5%
Brazil’s vice president Geraldo Alckmin said the carbon market could surge by 5% the GDP of the country and bring in USD 120 billion by 2030.
June 16, 2023Saudi company sells 2.2 mln tonnes of carbon credits in auction
More than 2.2 million tonnes of carbon credits were sold on June 14 at an auction organized by the Regional Voluntary Carbon Market Co. in the Kenyan capital Nairobi, the Saudi firm said.
June 13, 2023New alliance to grow UAE carbon market
A new coalition called UAE Carbon Alliance making up of UAE companies has been established to develop and grow a carbon market in the United Arab Emirates.