Indonesia can increase steel production by 500% and still hit net zero, industry says
Indonesia’s steel demand and capacity are expected to rise in coming years, but it plans to make the product in an emissions-free way to meet its net zero target, the chief of the nation’s steel association told a Singapore conference this week.
Read MoreSingapore allows firms to bank unused offsets amid supply crunch
Companies subject to Singapore’s carbon tax will be allowed to carry over unused international carbon credit (ICC) allowances into 2025, as authorities acknowledge supply constraints in the carbon offset market that have left firms struggling to source eligible credits.
Read MoreINTERVIEW: Peru’s national carbon registry to add first VCM, Article 6 projects
Peru’s national carbon registry (RENAMI) is on the cusp of registering its first voluntary carbon market (VCM) project and first Article 6 project under a bilateral agreement, Carbon Pulse heard from a senior official on the sidelines of the Peru Carbon Forum in Lima on Wednesday.
Read MoreDeveloper concedes confusion persists over REDD+ project as validation looms
A project developer in Malaysia has admitted that Indigenous communities within the company’s 39,000-hectare REDD+ project in Sarawak still do not understand the initiative, despite over two years of outreach efforts.
Read MoreMalaysia’s Sarawak state aims for net zero by 2050, working on “carbon plan”
The Malaysian state of Sarawak launched its Sustainability Blueprint 2030 on Thursday, outlining a green economy agenda centred on decarbonisation and carbon market development, while working on a dedicated carbon plan.
Read MoreSouth Korea, Mongolia ink MoU for emissions reduction project under Paris framework
South Korea’s trade ministry has teamed up with government agencies in Mongolia for an international GHG emissions reduction project aligned with the Paris Agreement, targeting the abatement potential in traditional housing, known as gers.
Read MoreMalaysia mulls 5% carbon offset provision under upcoming tax bill -official
Malaysia is considering allowing companies to offset up to 5% of their emissions under a planned carbon tax set to take shape by 2026, a senior government official said Thursday, as part of broader efforts to stimulate demand in the domestic carbon market.
Read MoreClean Cooking Alliance launches global data hub to boost carbon project design
The Clean Cooking Alliance (CCA) has unveiled a new open-access online platform aimed at accelerating the development of clean cooking carbon projects by improving access to household energy data.
Read MoreSouth Pole, Malaysian asset manager announce ASEAN carbon credit plans
A Malaysian asset management company has partnered with developer South Pole to develop carbon credits across Southeast Asia.
Read MoreBRIEFING: Greening the steel industry will take time, but near-term emissions cuts can’t be ignored, conference hears
Green steel is likely a long way off from being a commercially viable product, but producers could take a range of steps now to begin cutting emissions that would barely affect their bottom line, a conference in Singapore heard this week.
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