Singapore-based biochar developer expands to India

Published 12:41 on February 14, 2025  /  Last updated at 12:41 on February 14, 2025  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

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.

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Policy support needed for Malaysian steel decarbonisation

Published 06:06 on February 14, 2025  /  Last updated at 06:06 on February 14, 2025  / /  Asia Pacific, Other APAC

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. 

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Indonesia to expand ETS to cover four industrial sectors -media

Published 01:32 on February 14, 2025  /  Last updated at 01:32 on February 14, 2025  / /  Asia Pacific, Other APAC

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.

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Govt-backed funds, stronger mandates could boost Asian demand for carbon removals -report

Published 13:59 on February 13, 2025  /  Last updated at 13:59 on February 13, 2025  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

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.

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ASEAN faces limited impact from EU CBAM, but future risks loom -study

Published 10:53 on February 13, 2025  /  Last updated at 10:53 on February 13, 2025  / /  Asia Pacific, Carbon Taxes, CBAM, China, EU ETS, Other APAC

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.

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Japanese developer builds new rice project in Philippines as JCM methodology coverage expands

Published 09:37 on February 13, 2025  /  Last updated at 09:37 on February 13, 2025  / /  Asia Pacific, Japan, Nature-based, Other APAC, Paris Article 6, Voluntary

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).

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Most REDD+ carbon projects bring both monetary and non-monetary benefits -report

Published 16:16 on February 12, 2025  /  Last updated at 16:16 on February 12, 2025  / /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Other APAC, South & Central, Voluntary

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.

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BRIEFING: Thai carbon tax denounced as “window dressing” amid lack of broader plan

Published 10:40 on February 12, 2025  /  Last updated at 10:40 on February 12, 2025  / /  Asia Pacific, Carbon Taxes, CBAM, Other APAC, Voluntary

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.

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Honeywell partners with Indian startup to develop sustainable aviation fuel

Published 07:58 on February 12, 2025  /  Last updated at 07:58 on February 12, 2025  / /  Americas, Asia Pacific, Aviation/CORSIA, International, Other APAC

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.

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BRIEFING: Global carbon market traded volume surges in 2024, valuation remains flat -analysts

Published 23:29 on February 11, 2025  /  Last updated at 23:29 on February 11, 2025  / /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary

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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