Bangkok unveils Yokohama-assisted decarbonization plan

Thailand’s capital city of Bangkok has unveiled a new action plan to promote decarbonization with help from the Japanese city of Yokohama. Bangkok has been receiving technological support from Yokohama to create an eco-friendly environment since the two cities signed a memorandum of understanding in 2013.
Singapore, Ghana sign carbon credit agreement enabling firms to offset part of carbon tax

Companies here looking to offset part of their carbon tax liability could soon be able to purchase carbon credits from projects based in Ghana, following an agreement signed between both countries on May 27.
Relax regional coal phase-out ambitions, Asean energy report urges

Southeast Asia’s green finance rulebook should not hinge on a global net-zero pathway more suited for rich nations, and should call for a slower “phase-down”, says an intergovernmental think tank.
RE policies still lagging

PETALING JAYA: Malaysia may have set ambitious targets of 70% renewable energy (RE) capacity and net-zero emission by 2050, but its policies are still lagging behind, according to an industry leader.
Budget 2024: Support for energy transition, biodiversity and carbon markets

KUALA LUMPUR (Oct 16): The national Budget 2024 tabled by the Prime Minister Datuk Seri Anwar Ibrahim at the Dewan Rakyat last Friday (Oct 13) included allocations to support energy transition and biodiversity initiatives, and to spur the voluntary carbon market in the country.
Indonesia Urges Norway to Accelerate $250 Million Clean Energy Investment

Oslo. Indonesia is urging Norway to expedite a $250 million (Rp 3.9 trillion) investment commitment to accelerate the tropical rainforest country’s decarbonization program as stated in the Just Energy Transition Partnership (JETP).
Cemex Philippines with Net Zero Carbon Alliance steer the industry to net zero carbon

CEMEX Holdings Philippines addresses the pressing challenges of hard-to-abate sectors while offering innovative and actionable insights as it takes the lead as the cement industry’s panel representative at the 2nd anniversary of the Net Zero Carbon Alliance (NZCA) of the Philippines.
Singapore Sets Higher Standards for International Carbon Credits

Singapore announced a set of criteria for international carbon credits (ICCs) to ensure that they are of high quality which companies can use to offset their taxable emissions.