Malaysian state govt body signs multiple MoUs for developing carbon, biodiversity projects
A provincial government body in Sarawak state in Malaysia has entered into several partnerships for the exploration and development of carbon offset projects based on nature-based solutions (NbS), renewable energy, and biodiversity conservation.
Read MoreVerra updates jurisdictional and nested REDD+ framework to align with CCP voluntary carbon label
Voluntary carbon standard Verra has updated its Jurisdictional and Nested REDD+ (JNR) Framework in order to align with the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP) label, the standard announced Monday.
Read MoreMalaysia weighs carbon tax on big-emitting industries
The Malaysian government is looking into implementing a carbon tax, particularly on big-emitting industries, and plans to attract green investments into the country, an official told a media conference Monday.
Read MoreJapan’s MOL, others look to use animal manure to fuel factories, vessels
A group of six organisations, including Japanese shipping firm Mitsui OSK Lines (MOL), have come together to launch a feasibility study on the production and use of biomethane from animal manure in order to fuel the country’s factories and vessels, a statement released Monday said.
Read MoreGenZero signs MoU with energy firm, asset manager to retire coal-fired power plant in Philippines using ‘transition credits’
GenZero, a subsidiary of Singaporean government-owned investment firm Temasek, has signed a Memorandum of Understanding (MoU) with a Philippines-headquartered energy company and a global asset manager to explore the use of ‘transition credits’, starting with the retirement of a coal-fired power plant in the Philippines, it announced Friday.
Read MoreIndia should include power sector in ETS, report says
India should include the power sector in its planned emissions trading scheme to make it more effective, as exempting it would leave 40% of national greenhouse gas emissions unregulated, according to a report released this week.
Read MoreThai consortium launches voluntary carbon trading platform for events
Five organisations in Thailand have signed a Memorandum of Understanding (MoU) to launch a carbon trading platform for small- and medium enterprises (SMEs) in order to hold sustainable events, they announced Wednesday.
Read MoreSri Lanka launches 30×30 biodiversity programme, seeks to raise $1.5 bln in funding
The Sri Lankan government has launched a programme to conserve 30% of the country’s land and ocean by 2030 while aiming to attract $1.5 billion in green investments between 2025 and 2030, the president’s office announced Monday.
Read MoreClimate watchdog calls for Malaysian project to be rejected
Environmental watchdog RimbaWatch has called for the halt of a 2,228-hectare palm oil project proposed on a virgin peat swamp forest in the Terengganu state in Malaysia, which it says will lead to the loss of carbon stocks and endangered species.
Read MoreCCUS not a viable option for retrofitting of existing thermal power plants -Indian official
The feasibility of carbon capture, utilisation, and storage (CCUS) is highly uncertain, making it an unviable option for the retrofitting of existing thermal power plants, an Indian government official has told the upper house of Parliament.
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