ADB grants $500 mln loan to Indonesia for energy transition

Published 15:12 on September 23, 2024  /  Last updated at 15:12 on September 23, 2024  / /  Asia Pacific, Other APAC, Voluntary

The Asian Development Bank has approved a $500 million policy-based loan to help Indonesia accelerate its energy transition and achieve its net zero targets.

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Carbon project developer to deploy MRV solution across 12 ARR projects in the Americas and the Pacific

Published 14:22 on September 23, 2024  /  Last updated at 14:22 on September 23, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Other APAC, Voluntary

A project developer for Indigenous-led conservation projects will partner with an atmospheric-based digital monitoring, reporting, and verification (aMRV) solution provider to map 1 million acres across 12 Afforestation, Reforestation, and Restoration (ARR) projects.

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Pertamina moves to expand role in emerging CCS market

Published 13:55 on September 23, 2024  /  Last updated at 13:55 on September 23, 2024  / /  Asia Pacific, Other APAC, Voluntary

Indonesian state-owned oil company Pertamina on Monday announced two of its subsidiaries have signed a Memorandum of Understanding (MoU) that over time will see the company enter the market for transport of liquid CO2 (LCO2).

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Taiwan sports good blue carbon potential, but more local datasets required, study says

Published 09:42 on September 23, 2024  /  Last updated at 10:03 on September 23, 2024  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

Marine-based carbon sinks have a great potential to contribute to Taiwan’s climate targets, though more action is needed to establish carbon removal datasets, a study has found.

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Elevated ozone levels threaten tropical forests’ role in climate mitigation, researchers warn

Published 14:01 on September 22, 2024  /  Last updated at 14:04 on September 22, 2024  /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Other APAC, South & Central, Voluntary

Rising ground-level ozone levels are significantly reducing the productivity of tropical forests, undermining their ability to act as a crucial carbon sink, researchers warn.

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Sri Lanka publishes ‘positive’ list of Article 6-aligned projects

Published 10:29 on September 22, 2024  /  Last updated at 10:29 on September 22, 2024  /  Asia Pacific, International, Other APAC, Paris Article 6, Voluntary

The Sri Lankan government has published a list of project activities across six sectors that will be eligible to generate credits under Article 6 of the Paris Agreement.

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Sarawak coal mine poses significant carbon risk, more transparency needed -watchdog

Published 13:33 on September 20, 2024  /  Last updated at 13:33 on September 20, 2024  / /  Asia Pacific, Other APAC

The continued existence of a large thermal coal mine in Sarawak, Malaysia, goes against the nation’s climate commitments and the opacity surrounding environmental approvals to its extension is a problem, an environment watchdog said Friday.

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Taiwan plans emissions trading scheme, eyes initial pilot phase -minister

Published 17:25 on September 19, 2024  /  Last updated at 02:07 on September 20, 2024  / /  Asia Pacific, Other APAC

Taiwan is planning to launch domestic emissions trading in four years’ time, starting initially with a pilot phase, Environment Minister Peng Chi-ming told local media on Thursday.

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Trio announces collaboration to build Rwandan Article 6 project pipeline

Published 11:56 on September 19, 2024  /  Last updated at 11:56 on September 19, 2024  / /  Africa, Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

Gold Standard and Singapore-based GenZero on Thursday announced they have teamed up with Rwandan government agencies to create the foundation for a pipeline of projects in the African country eligible to earn carbon credits under Article 6 of the Paris Agreement.

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Pacific flag carrier hitting the sweet spot for SAF

Published 05:37 on September 19, 2024  /  Last updated at 05:37 on September 19, 2024  / /  Asia Pacific, Aviation/CORSIA, International, Other APAC

One of the Pacific’s largest airlines has announced a partnership with a sugar company and major development bank to develop sustainable aviation fuel (SAF).

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