MARKET INSIGHT

MARKET INSIGHT

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Strategies for Scope 2 decarbonization: RECs, PPA, VPPA, and more

Strategies for Scope 2 decarbonization: RECs, PPA, VPPA, and more

What is the best way to decarbonize your power use in Southeast Asia? This article explains the 4 major power purchase mechanisms and their advantages and considerations.

April 15, 2024
Tips in purchasing unbundled renewable energy certificates in Southeast Asia

Tips in purchasing unbundled renewable energy certificates in Southeast Asia

Total issuance of I-RECs and TIGRs saw a 130% year-on-year growth last year in the region. There is little doubt that renewable energy certificates (RECs) are growing in popularity as a tool for scope 2 decarbonization in Southeast Asia.

March 22, 2024
Carbon Forward Asia: Overview of carbon markets in Asia-Pacific countries

Carbon Forward Asia: Overview of carbon markets in Asia-Pacific countries

Carbon Forward Asia took place on March 7 in Singapore to delve into carbon markets in the Asia-Pacific region from the perspectives of developers, consultancies, and academics, alongside discussions on the 29th United Nations Climate Summit (COP29), the

March 08, 2024
Greenwashing backlash: Case study of South Pole, Verra

Greenwashing backlash: Case study of South Pole, Verra

South Pole, the world's leading carbon project developer, was accused in October 2023 by media and internal whistleblowers of overstating the climate benefits of carbon credits generated by its Kariba REDD+ project, a large-scale forest conservation proje

March 07, 2024
Malaysia's corporate green power trends: insights into recent procurement options

Malaysia's corporate green power trends: insights into recent procurement options

Malaysia is seeking foreign investments across high-end sectors including electric vehicles, carbon capture, and semiconductor. This article delves into the existing ways and prospective measures companies may consider as they enter Malaysia.

February 22, 2024
Global trend in anti-greenwashing: Government responses and corporate strategies

Global trend in anti-greenwashing: Government responses and corporate strategies

Greenwashing has been frequently reported in recent years, attracting the attention of governments worldwide. In response, the European Parliament passed the Empowering Consumers for the Green Transition Directive in January, prohibiting companies from us

February 21, 2024
What’s next for renewable energy market in Southeast Asia in 2024?

What’s next for renewable energy market in Southeast Asia in 2024?

Southeast Asia stands at a critical juncture in its energy transition journey. As a region with diverse energy landscapes, it is grappling with the challenge of decarbonizing its power sector amid growing environmental and economic imperatives.

January 25, 2024
Annual carbon market review and outlook for 2024

Annual carbon market review and outlook for 2024

In 2023, the EU launched a sweeping Carbon Border Adjustment Mechanism (CBAM), ushering the global carbon market into a new era; China's carbon prices saw record highs despite a lack of trading momentum; South Korea introduced its first carbon neutrality

January 24, 2024
COP28: How Article 6 of Paris Agreement works and why is it important?

COP28: How Article 6 of Paris Agreement works and why is it important?

The 2023 United Nations Climate Change Conference (COP28) closed on December 12, with particular attention on the adoption of Article 6 of the Paris Agreement, which allows parties to offset their own emissions by financing other countries' reduction init

December 22, 2023
A guide to decarbonize your business’ supply chain

A guide to decarbonize your business’ supply chain

Quite a few companies have shifted from carbon offset scheme to reducing carbon footprint in supply chains, an approach that can prevent greenwash and increase brand credibility. But what are the methods and challenges of supply chain decarbonization?

November 16, 2023
Carbon reduction for businesses – Carbon negative technology

Carbon reduction for businesses – Carbon negative technology

According to the Intergovernmental Panel on Climate Change (IPCC), global warming must be limited to 1.5°C by 2030 to avoid climate disasters.

September 27, 2023
Carbon reduction for businesses - Internal carbon pricing

Carbon reduction for businesses - Internal carbon pricing

According to the Carbon Disclosure Project (CDP), more than 1,200 companies worldwide have adopted internal carbon pricing to date, with an annual growth rate of over 10%.

August 26, 2023
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