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The Necessary Path towards Carbon Neutral

Amid global pursuit of net zero and continuous rollout of climate change policies, RECCESSARY launches quarterly reports to provide analysis of policy updates and market changes, covering the most forward-looking and critical topics to cater to businesses' needs for carbon management and sustainability strategies.

With the rise of Southeast Asia in the global manufacturing supply chain, renewable energy policies and carbon markets play a crucial role in the industry development. To help businesses minimize cost risks while offering decision-making advice, RECCESSARY also releases annual report that reviews and projects the development of renewables in Southeast Asia and major carbon markets, providing in-depth analysis of supply-demand and policy trends.

Drawing lessons from EU: Future evolution of Southeast Asia's REC and carbon market

✔ Governance of Europe's GO system
✔ ASEAN's REC market: Integration vs. individual growth
✔ EU ETS operating model analysis
✔ Pros & cons of ASEAN's unified vs. independent carbon markets
✔ Role of RECs and carbon credits in ASEAN's decarbonization

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This issue of report, inspired by the EU's regional market experience, explores the future trajectory of ASEAN's energy and carbon markets, offering strategic insights for businesses and investors.

The ASEAN Power Grid has been in development for over two decades, with numerous cross-border power trading projects emerging. Carbon markets in ASEAN countries have also been taking shape. However, the move toward regional energy and carbon market integration remains a key issue, with broad economic, environmental, and policy implications. How will the energy and carbon markets develop in ASEAN as a new engine of the global economy?

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