Growth in SAF production ‘disappointingly slow’ -IATA
The production of sustainable aviation fuel (SAF) is growing in volume, but at a very slow rate, industry association International Air Transport Organisation (IATA) said this week.
Read MoreMalaysian carbon exchange expands offerings to include Gold Standard-certified credits
The Bursa Carbon Exchange (BCX), subsidiary of Bursa Malaysia, has initiated trading of Gold Standard-certified voluntary carbon credits, it announced Wednesday.
Read MoreHeavy reliance on coal for steelmaking may endanger India’s climate goals -report
India’s continued reliance on coal to increase the country’s steel-making capacity will put its target of reaching net zero emissions by 2070 at risk, a report released Tuesday found.
Read MoreEKI Energy director resigns, citing ‘unavoidable circumstances’
A director at India’s largest carbon offset developer has tendered his resignation amid what he called “unavoidable circumstances” in a company filing to the Bombay Stock Exchange.
Read MoreJapanese climate tech company acquires software firm to improve emissions data accuracy
A Tokyo-based climate tech company has acquired a software firm to streamline emissions data collection and improve the accuracy of primary data, it announced Tuesday.
Read MoreShell signs SAF offtake agreement with ADB-funded project in Pakistan
British oil major Shell has signed a contract with Pakistan-based sustainable aviation fuel (SAF) producer for long-term offtake of SAF, once the proposed plant funded by the Asian Development Bank (ADB) gets completed.
Read MoreCarbon pricing, technology ASEAN’s best answer to CBAM -report
The Association of Southeast Asian Nations (ASEAN) member countries must actively implement carbon pricing mechanisms and increase investment to decarbonise hard-to-abate sectors in order to effectively respond to EU’s Carbon Border Adjustment Mechanism (CBAM), a report has found.
Read MoreANALYSIS: Article 6 breakthrough raises integrity concerns for some, but ‘proof in pudding’, experts say
The historic consensus on Article 6, achieved in November at COP29, may have been broadly welcomed, but some remain cautious that gaps in final decision texts could lead to a lack of integrity in the newly developed, UN-approved international carbon markets, if implementation over the coming years is not sufficiently robust.
Read MoreCanadian tech company partners with Saudi firms to produce low-carbon concrete
A Canadian tech company has collaborated with a concrete producer and a gas distributor in Saudi Arabia to produce low-carbon materials by incorporating captured CO2, the companies announced this week.
Read MoreASEAN can unlock $3 trillion revenue from carbon markets, analysis finds
The Association of Southeast Asian Nations (ASEAN) has the potential to unlock up to $3 trillion in revenue through the reduction or removal of 1.1 billion tonnes of CO2e per year by 2050 if member states develop regulations to support domestic carbon markets, a report released Thursday has found.
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