Multiple Indonesian projects move step closer to issuance under Bangkok-based voluntary carbon registry
A total of 10 carbon offsetting projects have now cleared the preliminary assessment of a Bangkok-based voluntary carbon registry, and are poised to collectively generate more than 4 million carbon credits annually.
Read MoreCarbon storage in Indian Ocean, Bay of Bengal can help India achieve climate goals -research
The Indian Ocean and the Bay of Bengal can potentially act as carbon reservoirs, storing huge amounts of CO2 that will help to decarbonise industrial clusters and can aid India to achieve its net zero targets, researchers have found.
Read MoreSouth Pole regional director leaves to set up own carbon specialist firm
A regional director at project developer South Pole has left the company to found his own carbon market firm.
Read MorePakistan to consult provinces on draft carbon credit policy
The federal government of Pakistan is setting up a committee that will seek counsel from the provincial governments on the country’s draft carbon credit policy, as part of preparations for a national market launch and greater involvement in the international market.
Read MoreTaliban joins UN climate change talks for the first time
The Taliban government in Afghanistan has entered the first stage of discussions with the UN, donors, NGOs, and other stakeholders to understand the impact of climate change on the Central Asian nation.
Read MoreStartup looking to invest $150 mln in carbon offsetting projects in India, Sri Lanka
A Chennai-based developer is planning to invest $150 million in several carbon offset projects in India and Sri Lanka within the next 12-18 months, it announced at a conference this week.
Read MoreSoil carbon prices in India need to rise 60% to incentivise conservation agriculture -study
Soil carbon prices in India will need to increase by 60% to encourage wider adoption of conservation agriculture for carbon credit generation in India under Verra’s VM0042 methodology, a study published this week in the journal Nature suggests.
Read MoreBRIEFING: Over half of APAC’s economy directly dependent on nature, highly vulnerable to nature-related risks
Countries in the Asia Pacific region are highly vulnerable to nature-related risks, including loss of biodiversity, an increase in pollution, and the non-availability of freshwater, and the failure to address these losses could lead material financial risk for companies and institutional investors, panellists told a webinar Wednesday.
Read MoreThai bank teams up with consultancy to decarbonise energy, agriculture sectors, promote carbon trading
A Thai state-owned bank has signed a Memorandum of Understanding (MoU) with a Bangkok-based climate consultancy to support domestic businesses and farmers in meeting their decarbonisation goals through trading of carbon credits and renewable energy certificates (RECs), it said in a statement.
Read MoreAsia warming faster than global average, says WMO’s State of the Climate report
Asia is warming faster than the global average, with warming trends in the region nearly doubling since the 1961–1990 period and the impact of heatwaves becoming more severe, said the World Meteorological Organization (WMO)’s report on Tuesday.
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