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Hylife Group in Thailand is making a strong push to reduce carbon emissions with a major investment of over THB 400 million (about USD 11.6 million) to establish its first sustainable factory for Hylife Global Foods.

Tesla earned nearly 34 million carbon credits last year, ranking first in carbon credit sales. However, despite the growing trend toward vehicle electrification, the U.S. auto industry still faced a massive carbon emissions deficit last year.

The EU's CBAM, designed to address carbon leakage, has unintentionally hurt domestic exporters as well. EU officials recently indicated that they would assist exporters in coping with the impact.

Singapore’s sustainable finance taxonomy is aligned with those of the EU and China after it was launched at the end of last year. This alignment will serve as a framework for investors to assess green economic activities across these three regions.

On the opening day of the United Nations Climate Summit (COP29), a major breakthrough was achieved in global carbon market negotiations. Member countries endorse a United Nations-backed carbon credit trading mechanism.

Malaysian state of Sarawak is planning to establish a Climate Change Center as a key point of engagement for collaboration with businesses.

The latest Global Carbon Budget report forecasts that both fossil fuel-related carbon emissions and total global carbon emissions will hit historic highs this year, with further increases expected.

Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.

The Asia Low Emission Strategic Partnership (ALP) recently held its annual exchange forum in Taiwan, where Thailand’s Siam Cement Group (SCG) shared insights on finding new investment directions in the sustainable decarbonization process.

Japan is set to incorporate Carbon Capture and Storage (CCS) into its national energy development framework, aiming for commercial operation by 2030.

Vietnam's tourism sector is actively promoting low-carbon travel, with local travel agencies introducing green itineraries aimed at minimizing carbon emissions generated by tourists.

Product claims regarding carbon neutrality based on offsets are controversial, but better accounting of carbon footprints is on the way.