South Korea to mandate SAF use for all international flights starting 2027
South Korea is seeking to impose a sustainable aviation fuel (SAF) blending mandate on all international flights departing the country, come 2027, the Ministry of Trade, Industry, and Energy (MOTIE) announced Friday.
Read MoreJapanese firm partners with fisheries cooperative to generate blue carbon credits through seaweed restoration
A Tokyo-based asset management firm has collaborated with a fisheries cooperative to generate blue carbon credits through the restoration of seaweed beds in the Japanese city of Kamakura, the firm announced this week.
Read MoreBlockchain firm teams up with US-based registration platform to offer tokenised carbon credits
A US-based blockchain company has partnered with a registration platform to list tokenised credits on a digital library with the aim of bringing about a more efficient and transparent way to trade assets, the company announced.
Read MoreMajor Asian nations must abandon LNG to decarbonise shipping sector -report
Countries including China, Japan, and South Korea must abandon the use of liquefied natural gas (LNG) as a bridge fuel in order to fully decarbonise their shipping sector, a report released Wednesday said.
Read MoreSea level rise imperils global coastlines, mostly Pacific islands -UN report
An unprecedented increase in global sea levels poses a major threat to countries with large coastal populations and will significantly impact the livelihoods of those living in the Pacific islands, according to a UN technical brief released this week.
Read MoreNon-profit seeks to trade int’l carbon credits from planting trees in Bhutan
A non-profit in Bhutan is exploring the opportunity of generating and trading international carbon credits from tree-planting projects in the Himalayan Kingdom, according to local media.
Read MoreIndia open to bring coal into compliance scheme in time
India has left coal-fired power generation out of its compliance carbon market from the outset, but might add the big-emitting sector to the scheme later, a government official said Thursday.
Read MoreVerra opens public consultation on additionality tools to align with CCP voluntary carbon label
Voluntary carbon standard Verra has launched a public consultation for two of its tools in order to assess the additionality of project activities, with an aim to align them with the Core Carbon Principles (CCP) label of the Integrity Council for the Voluntary Carbon Market (ICVCM).
Read MoreMalawi authorises ITMOs from cookstove carbon project
Malawi’s Ministry of Natural Resources and Climate Change (MNRCC) has provided a Letter of Authorisation (LoA) that permit up to 1.4 million carbon credits to be issued to a cookstoves project in the country and then be correspondingly adjusted under Article 6.2 of the Paris Agreement.
Read MoreOil majors team up with UK-based carbon capture developer for CCS project in Malaysia
Two oil majors have teamed up with a UK-headquartered firm on the construction of carbon capture and storage (CCS) facilities in Malaysia, the companies announced Tuesday.
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