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To support the growth of low-carbon industries in Malaysia, the Japanese government, through the Japan External Trade Organization (JETRO), announced at the end of March a list of 47 Japanese companies with established operations in the country.

On April 3, Trump announced all imports to the United States will be subject to a new “baseline” 10% tariff. This is an additional tax charged by US Customs and Border Protection when products cross the border.

The International Maritime Organization’s Marine Environment Protection Committee (MEPC) kicked off a five-day meeting on April 7, focusing on technical regulations, energy efficiency, and pollution in the shipping industry.

Mizuho Financial Group has announced its entry into the NextGen platform as a carbon credit buyer, marking a first for Japan’s banking industry.

To stimulate its carbon trading market, Thailand is revising regulations to relax cryptocurrency oversight. The proposed changes would allow the tokenization of carbon credits, carbon allowances, and renewable energy certificates using blockchain.

The steel sector is “hard-to-abate”, accounting for about 7% of global carbon emissions, which highlights the importance of low-carbon steel. Companies in Japan, South Korea, and China are actively working on research and development in this area.

Despite an oversupply of office buildings in Indonesia, demand for low-carbon offices remains strong. The occupancy rate for green office spaces jumped 73.4% in the second half of last year, with rental prices also increasing, according to a report.

Tourism contributes 8% of global carbon emissions, and Phuket, one of Thailand’s top travel destinations, is taking steps to cut its environmental impact.

Carbon Forward Asia concluded its two-day conference in Singapore on March 5, bringing together government officials, corporate leaders, investors and experts to discuss the latest developments in Southeast Asia’s carbon markets.

Amazon, the retail giant in the U.S., announced the launch of its carbon credit service through its Sustainability Exchange platform on March 19. This service aims to help its supply chain partners achieve decarbonization.

The Science Based Targets initiative (SBTi) released the draft revision of its "Corporate Net-Zero Standard." The revision proposes changes to the recognition of Scope 3 emission reduction and suggests that separate targets be set for Scope 1 and Scope 2.

Singapore-based startup Pyxis launched solar-powered electric boats that help reduce costs for river cruise operators and feature Vehicle-to-Grid (V2G) technology to supply low-carbon power, advancing maritime decarbonization.