India 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.
Read MoreMalaysian 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.
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