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The IMF is keen to see the price of carbon increase to give the "biggest possible incentive for decarbonization.” “That price needs to go up, up, up if we are to speed up decarbonization", said its Managing Director Kristalina Georgieva at COP28.

After IDX Carbon launch, Indonesia's trading volume briefly outpaced Japan and Malaysia. However, a British media found little activity over the past 2 months, contrasting the earlier surge.

Indonesia has officially finalized the Comprehensive Investment and Policy Plan (CIPP), aiming to persuade the members of the JETP to secure $20 billion in funds for green energy transformation.

CLIMATE Impact X has secured investment from Japan’s Mizuho Financial Group, which will collaborate with the Singaporean carbon exchange to meet the growing demand for international carbon credits among Japanese companies.

Geothermal power generation development is gaining steam in Indonesia and the Philippines, both have some of the world's largest reserves, as companies raise funds to capitalize on the shift towards renewable energy.

Water and sanitation company Manila Water has inked a 15-year solar power purchase agreement (PPA) with energy provider Ditrolic Energy Philippines.

Vietnam has a total of 305 green buildings with a combined certified construction area of nearly 7.5 million square meters by September 30, 2023, according to Nguyen Cong Thinh, Vice General Director of the Department of Science, Technology and Environmen

Singapore continues to expand the electrification of its public bus fleet, with the Land Transport Authority (LTA) announcing a new investment of 164 million SGD for electric buses last Saturday.

Malaysia’s parliament is expected to include the use of solar energy in its operation by June next year as part of its sustainability efforts.

Superyachts, private jets and financial investments of 12 of the world’s wealthiest people are accountable for generating annual energy emissions equivalent to 2.1 million homes, according to a report.

Taipower has announced results of its Round 2 auction for small-amount green electricity on Nov. 30, with 60 companies winning contracts, with the new bundle of “100,000 kWh for five-year period” receiving the most bids.

METI of Japan, in collaboration with the EGAT and three leading Japanese companies, has initiated a feasibility study for the production of clean hydrogen and ammonia on the land owned by EGAT in Thailand.