Vietnam focuses on afforestation to capitalise on carbon credits
With a vast forest area of 590,000ha, Quang Binh central province ranks second in the country in terms of forest coverage with 68%, representing significant potential for generating forest carbon credits and giving the opportunity for the province to participate in the forest carbon credit market.
US$200 million ADB loan to help prepare climate-resilient Philippine infrastructure projects
The Asian Development Bank (ADB) has approved a US$200 million loan to further support the Philippines in delivering high-quality, inclusive, climate-resilient, and low-carbon public infrastructure to boost economic growth and improve Filipinos’ access to jobs, markets, and public services such as education and health care.
Excise considers new green tax measures
The Excise Department plans to implement four tax measures for the environment and society this year, says director-general Ekniti Nitithanprapas.
SEB recognised for its carbon emissions reduction target
Sarawak Energy Bhd (SEB) has become the first major corporation in Malaysia to receive international recognition as the global Science Based Target Initiative (SBTi) validates the state-owned company’s ambitious near-term carbon emissions reduction target.
UK Ambassador hails progress in cooperation with Vietnam
UK Ambassador to Vietnam Iain Frew has commended progress in cooperation between the two countries in a range of areas in his interview with the Vietnam News Agency (VNA) on the occasion of New Year 2024.
Companies looking to offset carbon tax will have to wait some time more for worthy projects
As a higher carbon tax kicks in, companies eager to have a slice of the carbon markets pie in Papua New Guinea, the only country with which Singapore has a carbon trade agreement, may have to wait a little longer.
Solar panels poised to be sunrise industry of 2024
The power sector in is expected to see a proliferation of solar projects this year, as households and companies seek to lower their electricity bill and reduce carbon footprint.
Indonesia's national hydrogen strategy sets stage for pilot projects, new investment
Indonesia’s recently released national hydrogen strategy provides policy signals to the state-owned and private energy companies to move ahead with pilot projects and frames the role of the new fuel in the country’s long-term energy mix, according to analysts.
