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To achieve its net-zero target, the Malaysian government is adopting various carbon reduction technologies, with carbon capture set to present a development draft in March to help hard-to-decarbonize industries transition.

Thailand’s cabinet approves a carbon tax rate of 200 baht ($5.88) per ton of carbon emissions. Deputy Finance Minister Paopoom Rojanasakul stated in an official announcement that the carbon tax will be integrated into the existing petroleum tax structure.

Singapore relies heavily on natural gas, which accounts for 95% of its electricity generation. To meet growing electricity demand while staying on track for net-zero emissions by 2050, Singapore must shift toward cleaner energy sources.

In less than a month, six of the largest banks in the U.S., including JPMorgan, have announced their withdrawal from the United Nations Net-Zero Banking Alliance (NZBA).

In a move to accelerate its energy transition, Malaysia has continued to relax conditions and scale for solar energy installation. Following the announcement of an increase in the net metering (NEM) solar quota, the government on December 24 further revea

In its push for net-zero emissions by 2050, the Indonesian government has announced plans to construct at least 20 nuclear power plants, with the first project expected to be awarded to US nuclear developer ThorCon.

Vietnam's National Assembly has approved the revival of nuclear power, with plans to develop nuclear energy to expand the use of low-carbon energy and achieve the national net-zero target by 2050.

To boost the integration of renewable energy into the grid, More Power in the Philippines has been authorized to establish a one-stop service center in Iloilo City, located in the central region of the country.

At the recent G20 summit, Indonesian President Prabowo Subianto boldly declared plans to phase out fossil fuels entirely within 15 years and to bring forward the country's net-zero target by 10 years.

Shell Malaysia has unveiled a significant plan to accelerate its transition towards net-zero emissions by 2050, with a focus on installing solar panels across the rooftops of its more than 600 retail sites.

The latest annual report from the international Net Zero Tracker indicates that the number of entities setting net-zero targets continues to rise at regional, city, and corporate levels. However, over 40% of entities have not taken any action, including e

Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.