Japan, Malaysia eye 2028 start for CCS partnership
Japan will start talks with Malaysia to store its captured CO2 in the Southeast Asian country from 2028 as part of Tokyo’s broader decarbonisation strategy, Nikkei has reported.
Read MoreJapanese developer teams up with agtech solution provider to create domestic offsets
A Tokyo-based offset project developer is planning to work with a smart agricultural solution provider to expand its credit-generating business in Japan, eyeing rice cultivation projects.
Read MoreCountries make patchy progress on power sector decarbonisation amid signs of hope -analysts
Countries have made mixed progress in decarbonising their power sectors in line with Paris Agreement targets but there are some signs of hope, with finance key to developing countries meeting fossil fuel phase-out targets, according to research published on Tuesday.
Read MoreJapanese trading house, airline throw weight behind blue carbon initiative
One of Japan’s largest trading houses and a major airline have teamed up with a university to explore the potential for mangrove plantations and biodiversity conservation in Kagoshima Prefecture that would generate marine-based carbon credits for the growing domestic carbon market.
Read MoreA swifter Asia-Pac net zero plan will drive regional GDP up, report finds
Several Asia-Pacific economies have yet to see their greenhouse gas emissions peak, but speeding up the decarbonisation process could be a boon for their GDP, according to a report released Tuesday.
Read MoreAustralia’s Woodside secures CCS ties with trio of Japanese firms
Australian oil and gas company Woodside has expanded its cross-border carbon, capture, and storage (CCS) value chain plans through a deal with three Japanese companies.
Read MoreVCM Report: REDD sinks lower to add further gloom to the market
REDD avoided deforestation credits slipped lower last week to underline the lack of demand and reflecting an increasingly bleak voluntary carbon market as it waits the arrival of the ICVCM’s first batch of Core Carbon Principle labelled credits.
Read MoreJapanese startup, Indonesia conglomerate eye transport sector carbon projects
A Japanese climate startup that provides digital measurement, reporting, and verification (DMRV) software has teamed up with an Indonesian property developer to promote decarbonisation in the Southeast Asian country’s urban transportation sector.
Read MoreOECD climate group to discuss national carbon pricing approaches, advance stocktake work at fall dialogue meeting
An OECD committee assembled to help improve the impact of emissions reduction efforts around the world through enhanced multilateralism will meet this autumn to discuss countries’ various carbon pricing approaches, as part of an initiative to take stock of global efforts, examine their effectiveness, and prevent carbon leakage.
Read MoreMOL, Shell marine unit to collaborate on shipping decarbonisation efforts
Mitsui OSK Lines (MOL) and Shell Marine Products Singapore have agreed to collaborate on maritime decarbonisation efforts, including advancing cleaner fuel-related measures that could have carbon market implications.
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