Indonesia to host second AZEC ministers’ meeting, flags fossil fuel heavy list of decarbonisation MoUs
Indonesia is hosting the second Asian Zero Emission Community (AZEC) ministerial meeting on Aug. 20-21 in current capital Jakarta, and on Friday released a list of around 20 out of a total 70 decarbonisation projects set to be announced at the event.
Read MoreJapanese climate tech firm raises $5.3 mln in latest fundraising round
A Tokyo-based climate tech company on Thursday announced it had secured $5.3 million in the second close of its Series C round.
Read MoreJapanese power giant joins Australian CCS hopeful, government hands out more permits
Carbon capture and storage work is ramping up in Australia as one project proponent handed two offshore permits last week on Wednesday announced another partnership with a Japanese giant, and the federal government handed out three new offshore permits.
Read MoreJapanese trio to develop integrated decarbonisation solution
One of Japan’s largest trading houses has formed a partnership with two domestic companies to develop a combined decarbonisation solution for corporate clients.
Read MoreCCS project pipeline ramping up globally, but a lot more cash needed -report
In order to meet announced targets, the global carbon capture, utilisation, and storage (CCUS) industry will need $160 billion in investment by the end of this decade, with Europe and China leading the storage race.
Read MoreJapan to streamline J-Credit generation process for solar projects, promote digital MRV system
Japan’s environment ministry has selected several companies to advance a digital monitoring, reporting, and verification (MRV) system for the creation of domestically issued carbon credits, as the government seeks to make the process quicker and easier for market participants.
Read MoreAPAC countries must integrate carbon markets to secure better carbon pricing -report
Countries in the Asia Pacific should develop an integrated market such as the European Union’s emissions trading system (ETS) and synergise different types of carbon markets in the region to create effective carbon price signals, a report released this week suggested.
Read MoreJapanese oil major to work with Petronas on carbon project opportunities in Malaysia
One of Japan’s largest oil refiners has teamed up with the trading arm of Petronas, Malaysia’s state energy company, to work on voluntary projects that can generate carbon credits in the Southeast Asian country.
Read MoreJapanese companies to set up SAF Scope 3 carbon credit scheme
Seven Japanese companies on Friday announced plans to trial a market for Scope 3 carbon credits generated from the use of sustainable aviation fuel (SAF).
Read MoreJapan’s MOL on track to meet 2030 emissions reduction target
Japanese shipping giant Mitsui OSK Lines (MOL) is well on track to reach its 2030 emissions reduction target and met its 2023 goal without using any carbon credits, according to the latest company data.
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