Pakistan, Bahamas join call to end use of fossil fuels

Published 12:34 on December 18, 2024  /  Last updated at 12:34 on December 18, 2024  / /  Americas, Asia Pacific, Other APAC, South & Central

Pakistan has become the first South Asian nation to commit to discussions with the Fossil Fuel Non-Proliferation Treaty initiative even as Bahamas has joined the bloc negotiating the winding down of fossil fuel production, a statement released Wednesday said.

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Japanese exchange to list J-Blue credits

Published 11:40 on December 17, 2024  /  Last updated at 11:40 on December 17, 2024  / /  Asia Pacific, Japan, Nature-based, Voluntary

A Tokyo-based firm will soon list J-Blue credits on its carbon credit exchange in a bid to provide high quality credits to the market, it announced Tuesday.

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India defines green steel, sets maximum threshold for emissions intensity

Published 08:29 on December 13, 2024  /  Last updated at 08:29 on December 13, 2024  / /  Asia Pacific, Carbon Taxes, CBAM, Other APAC

India’s Ministry of Steel has released a green steel taxonomy as the South Asian country steps up efforts to control CO2 emissions in its heavy industry.

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Ambiguous carbon regulations, modest domestic demand keep Indonesia from realising carbon market potential -report

Published 15:22 on December 12, 2024  /  Last updated at 15:22 on December 12, 2024  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

Indonesia has significant opportunities to generate millions of carbon credits each year, but unclear regulations around international carbon trading and low domestic demand are among the major issues preventing the country from having a vibrant market, according to a report released Thursday.

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Abu Dhabi launches climate tech startup for mangroves restoration

Published 10:19 on December 12, 2024  /  Last updated at 10:19 on December 12, 2024  / /  EMEA, Middle East, Nature-based, Voluntary

A government-owned research entity in Abu Dhabi has launched a climate startup, which will use AI in a bid to conserve and restore thousands of hectares of mangroves and other natural ecosystems in the region.

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Growth in SAF production ‘disappointingly slow’ -IATA

Published 11:28 on December 11, 2024  /  Last updated at 11:28 on December 11, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International

The production of sustainable aviation fuel (SAF) is growing in volume, but at a very slow rate, industry association International Air Transport Organisation (IATA) said this week.

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Malaysian carbon exchange expands offerings to include Gold Standard-certified credits

Published 09:16 on December 11, 2024  /  Last updated at 09:16 on December 11, 2024  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

The Bursa Carbon Exchange (BCX), subsidiary of Bursa Malaysia, has initiated trading of Gold Standard-certified voluntary carbon credits, it announced Wednesday.

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Heavy reliance on coal for steelmaking may endanger India’s climate goals -report

Published 15:26 on December 10, 2024  /  Last updated at 15:26 on December 10, 2024  / /  Asia Pacific, Other APAC

India’s continued reliance on coal to increase the country’s steel-making capacity will put its target of reaching net zero emissions by 2070 at risk, a report released Tuesday found.

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EKI Energy director resigns, citing ‘unavoidable circumstances’

Published 13:43 on December 10, 2024  /  Last updated at 13:43 on December 10, 2024  / /  Asia Pacific, Bavardage, Other APAC, Voluntary

A director at India’s largest carbon offset developer has tendered his resignation amid what he called “unavoidable circumstances” in a company filing to the Bombay Stock Exchange.

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Japanese climate tech company acquires software firm to improve emissions data accuracy

Published 08:46 on December 10, 2024  /  Last updated at 08:46 on December 10, 2024  / /  Asia Pacific, Japan, Voluntary

A Tokyo-based climate tech company has acquired a software firm to streamline emissions data collection and improve the accuracy of primary data, it announced Tuesday.

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