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Japan’s Sumitomo Corporation has signed an initial agreement with UAE’s SNOC to develop a carbon capture project in the Emirates.

Indonesia and the UK signed an implementing arrangement to assist the Southeast Asian country in establishing carbon pricing.

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.

Hedge fund manager Per Lekander, who has been historically bullish on carbon prices, is predicting that carbon credit prices will drop as Europe speeds up energy transition.

Voluntary carbon market is gaining momentum in Africa, with Tanzania revealing that it will receive over $20 billion investment for carbon offset credits.

Indian oil and gas companies are adopting CCUS technologies to achieve India's net zero target by 2070, as highlighted in the Ministry of Petroleum and Natural Gas report. ONGC, IOCL, BPCL, HPCL, and GAIL are leading the transition with ambitious net-zero

IATA, in collaboration with Atkins, has developed innovative digital tools for airports to estimate the embodied carbon associated with the construction of terminal buildings and aviation assets.

Analysts have trimmed average price forecasts for EU carbon permits on expectations of lower demand from the power sector as renewable generation increases.

Nvidia Corporation displayed its new approach to carbon capture and storage that scientists can utilize to accelerate carbon storage.

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.

CO2 mineral storage operator Carbfix has collaborated with Fluor Corporation to develop integrated carbon capture and storage (CCS) solutions for hard-to-abate sectors.

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.