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Global carbon market trends 2025: Diverging paths, shared ambitions
Research

Global carbon market trends 2025: Diverging paths, shared ambitions

In 2025, carbon markets worldwide are exhibiting distinct regional trends—while the EU continues refining its policy tools, China consolidates its role as a leader among emerging markets, and Southeast Asia lays the groundwork for cross-border carbon cred
January 27, 2025
ExxonMobil commits $10 billion to Indonesia’s first large-scale CCS plant
News

ExxonMobil commits $10 billion to Indonesia’s first large-scale CCS plant

Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.
January 24, 2025
How Chinese businesses can transform carbon-cutting pressures into growth
News

How Chinese businesses can transform carbon-cutting pressures into growth

Turning carbon-cutting pressures into growth opportunities is critical for Chinese businesses, write two researchers.
January 23, 2025
Updated: Thai cabinet approves carbon tax to tackle emissions
News

Updated: Thai cabinet approves carbon tax to tackle emissions

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.
January 22, 2025
Indonesia opens carbon market to global buyers with 40,000 tons traded on first day
News

Indonesia opens carbon market to global buyers with 40,000 tons traded on first day

Indonesia's carbon market officially opened to international buyers on Jan. 20, with over 40,000 tons of carbon dioxide equivalent (CO2e) traded on the first day.
January 22, 2025
Keyfield sets record with solar-powered vessel in Malaysia
News

Keyfield sets record with solar-powered vessel in Malaysia

To meet corporate carbon reduction goals, Malaysia's ship service company Keyfield International has completed the installation of a solar photovoltaic system on its largest work barge, setting a national record for the scale of the equipment.
January 22, 2025
Google embraces biochar for carbon removal, partners with Indian, US startups
News

Google embraces biochar for carbon removal, partners with Indian, US startups

The tech giant Google recently revealed long-term agreements with Indian startup Varaha and U.S.-based Charm Industrial, with plans to buy the equivalent of 200,000 tons of biochar carbon credits by the end of 2030.
January 20, 2025
Tesco to build low-carbon concept farms, urging clearer UK policy on sustainability
News

Tesco to build low-carbon concept farms, urging clearer UK policy on sustainability

Tesco, the UK’s largest supermarket chain, announced on Jan. 10 its collaboration with local farms to introduce a range of sustainable carbon reduction solutions, aiming to reduce environmental damage across all stages of production.
January 16, 2025
Building materials could remove 1.6 billion tons of CO2 per year
News

Building materials could remove 1.6 billion tons of CO2 per year

Building materials can be carbon sinks, with impressive carbon sequestration potential. Recent studies show that using carbon-storing materials could remove 1.66 billion tons of CO2 from the atmosphere each year.
January 15, 2025
Indonesia to launch first international carbon trading with PLN-backed projects
News

Indonesia to launch first international carbon trading with PLN-backed projects

Indonesia will open its carbon credit market to international buyers for the first time on Jan. 20, with 1.7 million carbon credits available for trade. These credits can be purchased by countries as part of their NDCs.
January 14, 2025
Singapore, Malaysia deepen cooperation on carbon credits, renewables
News

Singapore, Malaysia deepen cooperation on carbon credits, renewables

Singapore and Malaysia announced the establishment of the Johor-Singapore Economic Zone (JS-SEZ) at the border of the two countries. This initiative aims to attract more investments and create more job opportunities.
January 08, 2025
Thailand's healthcare sector takes steps towards sustainability
News

Thailand's healthcare sector takes steps towards sustainability

The healthcare industry is a high energy-consuming sector, contributing 4.4% of global greenhouse gas emissions. In Thailand, many hospitals have adopted electricity usage management systems and energy-saving measures to reduce carbon emissions.
January 02, 2025
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