Global commodities firm deploys real time emissions reporting tech on LNG carrier
A Singapore-headquartered global commodities trading house plans to deploy a Swiss firm’s technology for real time measurement and reporting of GHG emissions, the companies said Monday.
Read MorePhilippines, Germany roll out €37-mln climate and biodiversity programme
Germany’s international development agency GIZ and the Philippines Climate Change Commission on Tuesday announced the soft launch of a programme aimed at protecting, conserving, and rehabilitating biodiversity and natural carbon sinks in the Southeast Asian nation.
Read MoreRegional cooperation between ASEAN members can slash decarbonisation costs by $800 bln -research
Members of the Association of South East Asian Nations (ASEAN) can reduce their decarbonisation costs by $800 billion by 2050 if they work together to build power interconnectors, hydrogen networks, and energy storage infrastructure, according to research published Tuesday.
Read MoreSingapore, NZ leaders agree to cooperate on carbon markets
Singapore and New Zealand have agreed to work together on carbon markets as one of several green economy measures, according to an agreement signed between the two countries Monday.
Read MoreCarbon accounting startup acquired by Singapore-based firm in multi-million deal
A London-based carbon-accounting startup is to merge with a Singapore-based climate tech company as part of a deal worth millions, boosting both companies’ access to a growing $15 billion market.
Read MoreForeign exploitation driving fossil fuel exports in developing countries, say NGOs
Developing countries are stuck in a vicious cycle exporting climate-destructive raw materials like oil and gas, and importing processed goods from wealthier countries, according to panellists speaking on a climate finance webinar Monday, in what may be compromising international emissions reduction goals.
Read MoreINTERVIEW: Shift towards standardisation will spur market growth, but buyers must be willing to pay well for good credits, says Indian climate startup
Global carbon markets are slowly moving towards standardisation and there will be a demand for specific types of carbon from a specific group of people, according to the co-founder of an Indian climate startup.
Read More‘Anecdotal evidence’ that CBAM is spurring carbon pricing initiatives worldwide, EU official says
The EU’s Carbon Border Adjustment Mechanism (CBAM), which came into force last year, is spurring new carbon pricing initiatives in countries around the world as they seek to avoid the CO2 tariff, an official has said, adding however, that not all of these schemes are comparable to the bloc’s ETS.
Read MoreSoutheast Asia “woefully” behind in race to meet near-term transition goals -report
Southeast Asia will need $1.5 trillion to reduce the 2.4 gigatonnes of CO2e required to meet its 2030 emissions targets, but is “woefully” off track, according to a report released Monday.
Read MoreFormer Xpansiv, ICAP carbon market stalwarts team up to launch new trading firm
Four voluntary carbon market professionals have teamed up to launch a new trading and advisory desk, they said Monday.
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