Thai industry group sets up Southeast Asian state’s first carbon market exchange
Thailand has established its first carbon credit exchange in an effort to boost the private sector’s role in emissions reduction and contribute to the Southeast Asian country’s broadly stated goal to reach carbon neutrality by 2050, it was announced this week.
Read MoreFintech firms team up to improve carbon credit transparency via Singapore blockchain registry
Two fintech firms based in Singapore and France have formed a partnership to promote data-backed carbon credits with end-to-end traceability in a project that will enable greater transparency of the carbon credit lifecycle, with buyers and users able to access attributes and data of carbon credits via a standardised registry, they announced on Wednesday.
Read MoreInsurance broker Aon partners with nature project developer to help ease risks
Aon on Tuesday announced plans to become the first major insurance provider to partner with a project developer to help de-risk nature-based projects vulnerable to fire and other perils.
Read MoreSalesforce introduces platform to buy rated carbon credits
US software giant Salesforce launched its Net Zero Marketplace on Tuesday, offering carbon credits vetted by third party ratings agencies while also announcing its inaugural providers and other partners.
Read MorePNG launches climate, biodiversity fund with focus on nature-based solutions
Papua New Guinea has launched its first biodiversity and climate fund and is calling for project submissions that focus on biodiversity protection, climate change resilience, and nature-based solutions.
Read MoreCarbon credit public metadata project prepares for October launch
Infrastructure that aims to compile and standardise information from the world’s fragmented carbon markets will launch to the public next month, with partners and founders at the World Bank Group providing more details on how the metadata platform will operate and help scale the market.
Read MoreJapan spearheads new global effort to spur international emissions trade
Japan this week hosted more than 30 governments and organisations at a meeting aiming to launch a new global partnership this year to encourage more nations to participate in international emissions trade and implement Article 6 of the Paris Agreement.
Read MoreMalaysia’s Sarawak to start local carbon trading scheme in 2023, official says
The Malaysian state of Sarawak is expected to start trading carbon by next year, a government official told local media Wednesday.
Read MoreSovereign ownership could increase risk to voluntary carbon market -experts
Nature-based and other offsets could follow other resources that have seen governments clamp down on private activity as nations set about meeting their Paris Agreement climate pledges, a conference heard on Tuesday.
Read MoreRatings agency promises expert-level approach to carbon project assessment
A carbon credit ratings agency announced a new service on Tuesday that provides quality indicators for more than 150 carbon projects, promising transparent, comparable, and comprehensive assessments of underlying carbon and sustainability claims while using an expert panel to vet its approach.
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