Heavy 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 MoreNorway to pay Indonesia $60 mln for deforestation results
Norway will pay Indonesia $60 million after the Southeast Asian nation slashed deforestation levels in 2019-20.
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 MoreVietnam, GGGI extend partnership on climate, carbon pricing
Vietnam and the Global Green Growth Institute (GGGI) have extended for five years a cooperative framework on climate action and carbon pricing designed to put the Southeast Asian country on track to meet its ambitions under the Paris Agreement.
Read MoreKEY TAKEAWAYS: ICAO TAB assessments, recommendations, and public comments for CORSIA 2024 application cycle
UN civil aviation body ICAO late on Friday published reports outlining its Technical Advisory Body’s (TAB) assessments, recommendations, and public comments made during the 2024 cycle for applications by carbon credit standards seeking eligibility under the airline offsetting programme.
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 MoreAustralia commits A$165 mln to APAC energy transition investments
Australia has committed to spend A$165 million ($106 mln) through various initiatives towards domestic and regional decarbonisation technology initiatives, including critical minerals, hydrogen, and renewable energy.
Read MorePoor health of former CQC executive Newcombe delays US fraud trial
A US District Court judge on Thursday delayed the trial of former C-Quest Capital executives Ken Newcombe and Tridip Goswami, who both face federal fraud charges, with the ex-CEO to be placed in a protective “bubble” as he undergoes drastic cancer treatment.
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 MoreRegional gas lobby releases legal recommendations on cross-border CCS projects
An industry coalition of energy majors has released a set of recommendations for cross-border carbon capture and storage (CCS) projects in the Asia Pacific, in order to provide the necessary legal clarity in the absence of international regulations.
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