Singapore and Japan Set New Rules for Carbon Credits and How They Shape Asia’s VCM
Governments in Asia are making big changes to how companies can use carbon credits to fight climate change. This month, both Singapore and Japan released new rules to make sure carbon credits are used in a fair and honest way.
ASEAN countries boost maritime decarbonization efforts
Members of the Association of South East Asian Nations (ASEAN) group are stepping up to move from ambition to action in maritime decarbonization, the International Maritime Organization (IMO) said.
OGSE sector remains crucial in Malaysia’s decarbonisation despite green shift
ENERGY Asia is an annual event that brings together global leaders, policymakers and industry players to discuss challenges and seek opportunities in the energy sector. While the focus of the conference is on energy transition and green energy, it was also emphasised that immediately abandoning fossil fuels, which still makes up of 80% of global energy, […]
Saigon Hi-Tech Park targets 50% renewable energy in push for net zero
HCM City (VNA) – Saigon Hi-Tech Park (SHTP) is aiming to pull more than half of its energy from renewable sources, a step in Vietnam’s race to hit net-zero emissions by 2050, heard a local seminar on June 17. The push aligns with Ho Chi Minh City’s broader target to secure 15% of its energy from […]
HDBank, PV Power sign $76.7 million deal to boost sustainable energy transition
HCM CITY — Furthering its leadership in green finance and commitment to sustainable development, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has signed a VNĐ2 trillion (US$76.7 million) credit facility agreement with PetroVietnam Power Corporation (PV Power), a leading power producer and subsidiary of the Vietnam Oil and Gas Group (Petrovietnam).
Indonesia plans 81% cut in nickel industry emissions
Jakarta (ANTARA) – Deputy for food, natural resources, and the environment at the Ministry of National Development Planning (PPN/Bappenas), Leonardo A. A. T. Sambodo, affirmed Indonesia’s commitment to lower nickel industry emissions by 81 percent by 2045.
Decarbonizing industry: How Vietnam’s steelmakers respond to EU’s CBAM
The European Union’s Carbon Border Adjustment Mechanism (CBAM), set to take effect in 2027, will impose carbon tariffs on high-emission imports. As one of Vietnam’s primary export destinations for steel, the EU’s new carbon pricing policy is expected to have a major impact on the Vietnamese steel sector.
Laos to develop AI infrastructure with green energy
VIENTIANE: Laos’ Ministry of Technology and Communications will conduct a feasibility study for a project aimed at developing and delivering artificial intelligence (AI) infrastructure services powered by green energy.
