Uzbekistan becomes first country to receive World Bank payment for sale of policy-based carbon credits

Published 11:03 on June 21, 2024  /  Last updated at 11:03 on June 21, 2024  / Nikita Pandey /  Asia Pacific, International, Other APAC, Paris Article 6, Voluntary

Uzbekistan has become the first country to receive a payment of $7.5 million from the World Bank for the sale of carbon credits from policy reforms that have slashed its carbon emissions by half a million tonnes.

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INTERVIEW: US developer enters Indian voluntary carbon market with rice methane offsetting projects

Published 08:00 on June 20, 2024  /  Last updated at 07:07 on June 20, 2024  / Nikita Pandey /  Asia Pacific, Nature-based, Other APAC, Voluntary

A US-based agri-tech firm seeks to reduce methane emissions from rice farming in India and is preparing its first batch of projects on the east coast of the South Asian nation, the company’s co-founders told Carbon Pulse.

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South Korea to launch CCU ‘mega project’ to assist industrial decarbonisation drive

Published 12:39 on June 19, 2024  /  Last updated at 12:39 on June 19, 2024  / Nikita Pandey /  Asia Pacific, South Korea, Voluntary

South Korea plans to roll out carbon capture and utilisation (CCU) technology across industrial facilities in what the government has dubbed a “mega project”, designed to help decarbonise country’s biggest-emitting industries and reach its greenhouse gas emissions reduction goals.

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Tokyo-based carbon developer partners with Vietnamese govt for methane reduction projects

Published 08:29 on June 19, 2024  /  Last updated at 08:29 on June 19, 2024  / Nikita Pandey /  Asia Pacific, Japan, Nature-based, Other APAC, Voluntary

Japanese carbon project developer has signed a Memorandum of Understanding (MoU) with a second provincial government in Vietnam to reduce methane emissions resulting from rice cultivation in the Southeast Asian nation. 

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Plan Vivo, consultancy set to launch nature-based pilots across Asia and Africa

Published 11:32 on June 18, 2024  /  Last updated at 11:32 on June 18, 2024  / Nikita Pandey /  Africa, Asia Pacific, EMEA, International, Nature-based, Voluntary

Nature and carbon standard Plan Vivo has partnered with a UK-based consultancy to launch a series of nature-based pilot projects in Asia and Africa towards the end of the year.

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Japanese carbon developer teams up with provincial govt for rice projects in Vietnam

Published 14:56 on June 14, 2024  /  Last updated at 14:56 on June 14, 2024  / Nikita Pandey /  Asia Pacific, International, Japan, Nature-based, Other APAC, Voluntary

A Tokyo-based carbon project developer has partnered with a provincial government in Vietnam for developing methane offsetting projects in the Red River Delta region of the Southeast Asian nation.

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Japanese climate tech company raises $26 mln, forms multi-sector carbon alliances

Published 08:03 on June 14, 2024  /  Last updated at 08:03 on June 14, 2024  / Nikita Pandey /  Asia Pacific, Japan

A Tokyo-based climate technology announced Friday it has raised 4.2 billion yen ($26 mln) in Series C funding while setting up alliances – including on carbon credits – across several sectors to accelerate the decarbonisation process.

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Malaysian carbon trading bill to be presented before parliament by year end

Published 06:38 on June 13, 2024  /  Last updated at 06:38 on June 13, 2024  / Nikita Pandey /  Asia Pacific, Carbon Taxes, International, Other APAC, Voluntary

Malaysia’s carbon trading legislation will be presented before Dewan Rakyat, the lower house of parliament, by the end of this year, according to the country’s deputy prime minister.

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Malaysian govt fund partners with renewable energy firm to explore nature-based projects

Published 09:06 on June 12, 2024  /  Last updated at 09:06 on June 12, 2024  / Nikita Pandey /  Asia Pacific, Nature-based, Other APAC, Voluntary

A Malaysian federal government fund has partnered with a Kuala Lumpur-based renewable energy company to explore the development of nature-based solutions (NbS) projects in the Southeast Asian country.

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California-based startup ties carbon deals with Mongolian govt, Mitsubishi

Published 05:14 on June 12, 2024  /  Last updated at 05:14 on June 12, 2024  / Nikita Pandey /  Americas, Asia Pacific, International, Japan, Nature-based, Other APAC, Paris Article 6, US, Voluntary

A US-headquartered soil carbon startup has signed an agreement with the Mongolian government to introduce regenerative agriculture and provide carbon finance to farmers and herders and with Mitsubishi for a JCM project in the country.

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