Thailand seeks feedback on three T-VER methodologies
Thailand’s Greenhouse Gas Management Organization (TGO) this week launched a month-long public consultation on three draft methodologies under its Premium T-VER programme, covering protocols for carbon capture in concrete, biochar production, and refrigerant reclamation.
Read MoreUS firm says working on afforestation project in Ghana, carbon credit tokens in Asia
A Delaware-based holding company said Wednesday it will co-develop a large-scale afforestation carbon credit project in Ghana and launch a regulated exchange in Asia to trade tokenised carbon units.
Read MoreSingapore fintech firm wins patent for carbon-backed stablecoins
A Singapore-based digital green finance company said Wednesday it has secured a patent for a blockchain-based carbon stablecoin framework, a system that turns verified carbon reductions into tradeable digital tokens for use in cross-border payments and foreign exchange.
Read MoreMalaysia’s upcoming carbon tax could raise $213 mln annually
Malaysia’s planned carbon tax, due to take effect in 2026, could generate nearly RM 1 billion ($213 million) annually for government coffers while placing added pressure on emissions-heavy sectors, a research note by BIMB Securities said Tuesday.
Read MoreUK flags emissions increase, carbon leakage risks in India trade pact
The recently signed free trade agreement between the UK and India will spur a rise in emissions, according to the UK government, which also warned of carbon leakage and lack of coherence with Britain’s climate goals.
Read MoreIndonesia sees JETP cash, $5-6 bln more in pipeline -official
The International Partners Group (IPG) has disbursed $1.2 billion of cash in Indonesia via the Just Energy Transition Partnership (JETP) and has another $5-6 bln on the way, a senior official said Monday.
Read MorePNG firm files first post-moratorium REDD+ project, aiming to generate 16 mln carbon credits
A local developer has filed Papua New Guinea’s first REDD+ carbon project since the lifting of a national moratorium, with ambitions to generate more than 16 million credits over 25 years, according to registry data and project documents.
Read MoreArticle 6.4 rules may one day allow methane removal, but tech not ready -paper
Methane removal could eventually qualify for carbon credits under the Paris Agreement’s trading mechanism, according to a paper published this week, but the technology must first overcome scientific and regulatory hurdles before such projects enter the global carbon market.
Read MoreCarbon project financier settles disputes in Indonesia and Mexico
A Canadian carbon project financier on Thursday said it finalised settlement agreements over two troubled carbon offset projects in Indonesia and Mexico, but is continuing to pursue a lawsuit against former executives and consultants over alleged misconduct and mismanagement.
Read MoreWestern aid cuts could jeopardise Southeast Asia’s climate goals -report
Southeast Asia’s efforts to mitigate climate change are under growing strain as Western donors cut back on aid, tightening already limited budgets for energy transition in a region dominated by coal, an analysis released this week has found.
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