News
March 10, 2025
Singapore to buy its first tranche of carbon credits, launch low-carbon tech testbed
Singapore’s Minister for Manpower and Second Minister for Trade and Industry announced that Singapore has signed carbon credit transfer agreements with three countries to fulfill its Nationally Determined Contributions (NDCs) under the Paris Agreement.
March 07, 2025U.S. exit from JETP threatens $3 billion green financing for Indonesia, Vietnam
U.S. Treasury officials have confirmed that the United States has withdrawn from the Just Energy Transition Partnership (JETP), refusing to provide the financing needed by developing countries for climate transformation.
March 07, 2025IPCC report timeline still undecided after ‘most difficult’ meeting in China
Last week’s Intergovernmental Panel on Climate Change (IPCC) meeting in Hangzhou, China, marked the third time that governments have failed to agree on a timeline for the organisation’s seventh assessment cycle (AR7).
March 06, 2025Vietnam grants up to 12 years of fee exemptions for green energy projects
The Vietnamese government has introduced a new electricity decree, prioritizing the promotion of power generation projects using renewable energy sources such as solar and wind power, as well as energy storage systems.
March 06, 2025Chemical company BASF begins geothermal tests in bid to reduce gas consumption
Chemicals company BASF has started tests in the depths of the Upper Rhine Plain to explore the potential of using geothermal energy, business daily Handelsblatt reported.
March 05, 2025Malaysia introduces CCUS Bill amid regional disagreements
Malaysian government officially unveiled the Carbon Capture, Utilization, and Storage (CCUS) Bill 2025 on March 4, establishing a legal framework for the development of the industry.
March 05, 2025Can Southeast Asia shield its economy from Trump’s tariff war threat?
Since President Trump took office, he has imposed additional tariffs on many imported products, raising concerns in some Southeast Asian countries about the potential impact and prompting them to devise countermeasures.
March 05, 2025UN accuses Indonesia’s second-largest palm oil firm for rights, environmental abuses
UN has singled out Indonesia’s second-largest palm oil company, PT Astra Agro Lestari (AAL), for alleged human rights violations and environmental degradation, marking the first time they’ve targeted a specific company rather than the industry as a whole.
March 04, 2025EU to offer extended compliance period for car manufacturers
European Commission President Ursula von der Leyen announced that this month, the Commission will propose amendments to the carbon emission reduction rules for European car manufacturers.
March 04, 2025VinFast partners with Motech to boost EV service network in Philippines
Vietnamese electric vehicle giant VinFast is optimistic about the growth potential in the Philippine market. In late February, it signed a Memorandum of Understanding (MOU) with Motech, an automotive service center.