Japanese developer partners with government-backed agricultural organisation on rice projects
A Japanese carbon project developer has partnered with a regional government-backed agricultural organisation to promote credit-generating rice projects, as it seeks to broaden its presence in Vietnam’s voluntary market.
Read MoreAsian carbon project developers say caught between evolving regulations, updating methodologies
Voluntary carbon project developers are struggling to keep up with the rapidly changing landscape of new methodology updates and emerging government regulations in Asia, participants told a conference this week.
Read MoreState-owned oil major determined to make Malaysia regional CCS hub
Malaysian oil and energy company Petronas intends to provide solutions to decarbonise hard-to-abate sectors and establish the Southeast Asian nation as the regional hub for carbon capture and storage (CCS), it told a conference this week.
Read MoreFinancial services companies pilot tokenised carbon credit transactions in Hong Kong
A group of financial service companies has successfully completed a proof-of-concept (POC) pilot in Hong Kong that explored the operational and risk management benefits of tokenised deposits to facilitate the settlement of tokenised carbon credit transactions.
Read MoreMalaysian industries seen aware of, but not ready for the EU’s CBAM
Industries across Asia, especially in Malaysia, are aware of the EU’s Carbon Border Adjustment Mechanism (CBAM) but are not yet “ready enough” to face it, a project developer told a conference Tuesday.
Read MoreMalaysian carbon project developer admits local engagement work has been insufficient
A controversial carbon project developer in Malaysia on Tuesday said it has spent over a year on its free, prior, and informed consent (FPIC) process with local residents, but acknowledged that some affected communities still do not know about its work.
Read MoreLaos consults on upcoming Article 6 carbon laws
After issuing its draft decree on its nascent Article 6-linked carbon market last month, Laos is now holding a consultation on the subject for major stakeholders.
Read MoreMalaysian carbon exchange to auction country’s first nature-based carbon credits
The Bursa Carbon Exchange (BCX) will soon auction carbon credits generated from a forestry project in the state of Sabah – the first auction of nature-based credits generated within the Malaysian territory, the exchange announced Monday.
Read MoreCost of compensating coal loss in giant economies higher than current existing climate finance, report finds
Phasing out coal in the world’s two most populous nations with the kind of financial support offered to coal-dependent communities in Europe and Asia would cost 10 times as much and exceed current international climate financing, a study has found.
Read MoreIslamic finance group, Saudi firm sign Maldives blue carbon partnership
An Islamic finance group has teamed up with a Saudi Arabian carbon specialist firm to explore the potential for reducing emissions and earning carbon credits from the vast seagrass meadows and mangrove forests of the Maldives.
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