Malaysian state signs agreement to explore NbS projects with oil and gas firm
Malaysia’s Terengganu state has signed a memorandum of understanding with an oil and gas company to explore the development of nature-based carbon projects.
Read MoreLiquid carbon exchange essential to unlock private capital for Indonesia’s climate goals, says regulator
Liquidity in Indonesia’s carbon exchange will be critical in diverting private sector finance into decarbonisation projects and help the Southeast Asian country meet its climate targets, the country’s financial regulator said in a new roadmap.
Read MoreChina targets doubling of non-fossil energy supply by 2035
China will aim to double its supply of non-fossil energy by 2035 from 2025 levels, an official said on Friday, offering clarity on the country’s clean energy trajectory under its latest 15th Five-Year Plan (2026-30).
Read MoreINTERVIEW: Sri Lanka’s carbon market ‘a world of opportunity’ held back by state inertia, says local developer
Sri Lanka has no meaningful carbon market today, but has the potential to unlock millions of tonnes of compliance-grade credits if bureaucratic delays and financing gaps are resolved, according to a Colombo-based developer.
Read MoreBRIEFING: Airlines face CORSIA bottleneck as government approvals lag
Airlines preparing for compliance under the UN’s international aviation offsetting scheme are running into a shortage of host country approvals needed to use carbon credits, even as project supply continues to grow.
Read MoreINTERVIEW: Patchy emissions data risks slowing global carbon trading, UN reviewer says
Inconsistent methodologies and uneven data for calculating national greenhouse gas inventories are emerging as a constraint for the development of international carbon markets, a UN technical expert warned.
Read MoreMost Asian carbon markets unlikely to hit EU CBAM price levels, say experts
Most of Asia’s carbon pricing systems will not approach the EU’s Carbon Border Adjustment Mechanism (CBAM) price levels of around €75 per tonne, experts said Tuesday.
Read MoreAustralian carbon market sees limited participation beyond core group -expert
Australian buyers of carbon credits aren’t engaging beyond a small core group, with transactions stalling due to pricing confusion and structural supply constraints, according to the head of an intermediary.
Read MoreAustralian LNG faces long-term oversupply risk despite recent crisis -report
Australia’s LNG projects risk losing out in an increasingly oversupplied market – even as disruptions from the Middle East conflict have tightened global gas volumes – as long-term export contracts begin to expire, a new report warned on Tuesday.
Read MoreID Market: Trading rebounds in March as reitrements rise
Trading on Indonesia’s carbon exchange rebounded in March after February saw a sharp slump, driven by a rise in credit retirements, bourse data showed Friday.
Read More