Singapore-based biochar developer expands to India
A Southeast Asian developer is setting up the first two of many biochar production facilities in Gujarat, India that it expects to generate a total of 1 million carbon removals credits by 2030, the company told Carbon Pulse.
Read MorePolicy support needed for Malaysian steel decarbonisation
Malaysia has the potential to decarbonise its lagging and relatively small steel industry, but government support will be needed as the sector is experiencing a downturn that makes investment in green technology difficult.
Read MoreIndonesia to expand ETS to cover four industrial sectors -media
Indonesia appears to be planning to expand its emissions trading scheme to cover four hard-to-abate sectors, as well as begin efforts to launch blue carbon trading, various ministries told local media Thursday.
Read MoreGovt-backed funds, stronger mandates could boost Asian demand for carbon removals -report
Promoting government-backed funds and establishing robust regulatory frameworks could guarantee a stable demand for removals carbon credits in Asia, and help the region lead the way in creating a thriving carbon market, a report has found.
Read MoreASEAN faces limited impact from EU CBAM, but future risks loom -study
The EU Carbon Border Adjustment Mechanism (CBAM) will have minimal immediate economic impact on Southeast Asia in the short term, but that might change in time and the scheme offers an opportunity to nations in the region to scale up their carbon pricing systems, according to new research.
Read MoreJapanese developer builds new rice project in Philippines as JCM methodology coverage expands
A Tokyo-based developer has added another initiative to its project pipeline in the Philippines, taking advantage of the Southeast Asian country approving a new methodology under the bilateral Joint Crediting Mechanism (JCM).
Read MoreMost REDD+ carbon projects bring both monetary and non-monetary benefits -report
Eighty-nine percent of REDD+ carbon projects propose a mix of monetary and non-monetary benefits, according to a recent report that analysed 347 projects across 55 countries.
Read MoreBRIEFING: Thai carbon tax denounced as “window dressing” amid lack of broader plan
Thailand’s recent approval of a carbon tax on fossil fuels, while largely welcomed, has also come under criticism for the lack of clarity on how it will contribute to achieving carbon neutrality and meeting the nation’s net zero target.
Read MoreHoneywell partners with Indian startup to develop sustainable aviation fuel
US industrial giant Honeywell on Tuesday partnered with an India-based startup to explore the production of sustainable aviation fuel (SAF), aiming to help airlines meet their CORSIA emissions requirements.
Read MoreBRIEFING: Global carbon market traded volume surges in 2024, valuation remains flat -analysts
Global carbon markets saw their value marginally rise to above €800 billion in 2024, according to annual research published by analysts, while traded volume jumped by almost 25% year-on-year amid buoyant activity across nearly all systems.
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