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As carbon taxes and credits become more prevalent across global markets, Vietnam is seeking ways to demonstrate its responsibility in decarbonization and help local businesses adapt to change.

Malaysian utility company Tenaga Nasional Berhad (TNB) has worked with state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) to explore carbon capture and storage (CCS) technology for gas-fired power plants.

Apple does not charge more to account for its carbon reduction efforts in its consumer technology products, said Lisa Jackson, the vice president of Environment, Policy and Social Initiative.

Bangkok’s biggest shopping center, Megabangna has invested 1 billion baht embracing clean solar energy and expected to mitigate the emission of approximately 210,592 million tons of carbon dioxide. Thai businesses are accelerating in green transformation,

Dnata has successfully installed an innovative cooling technology in its facilities at Singapore Changi Airport, which is expected to save at least 650 tonnes of carbon.

Malaysia’s utility company Tenaga Nasional Bhd is exploring carbon capture and storage and hydrogen-based generation solutions to address the sustainable electricity consumption needs of the growing energy-guzzling data center industry.

Malaysia is seeking foreign investors in high-value industries such as electric vehicles (EVs), semiconductors and carbon capture, according to its trade and investment minister.

Indonesia slashes its 2030 target for carbon emissions from the power sector and boost its renewable energy generation share in a draft roadmap released on Nov. 1 for $20 billion in financing from rich nations to wean off coal.

South Korea’s SK Group will reinforce its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste recycling, solar and wind power.

Retreated from carbon trading for over a decade, Barclays Plc is trying to come back to market and appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to Bloomberg report.

Bloomberg New Energy Finance (BNEF)’s latest outlook report has predicted that the global carbon market is set to exceed $800 billion this year, marking a 5% year-over-year growth, even though trade volumes have fallen due to Russia’s war in Ukraine.

Indonesia is finalizing a regulation that will open up carbon capture and storage (CCS) projects to more industries and allow greenhouse gases from other countries to be stored in Indonesia, a government official said on Oct. 31.