News / #carbon tax
The South Korean government, which was "silent" during last week’s sessions, must demonstrate stronger leadership and rally support in the next meeting, said nonprofit Solutions for our Climate. China voted to delay the net zero framework, while Japan abstained from voting.
But the new rules could “fragment” the Philippine carbon credit system since they are only for the energy sector, without any overarching cross-sectoral carbon framework, say industry observers.
Carbon & Climate
Singapore must tighten carbon credit rules to spur demand for high-quality removals, says registry executive
At the prevailing carbon tax rate, firms lack incentive to buy premium removal credits, says Isometric's chief commercial officer Lukas May. The city-state should draw from Europe’s standards to set minimum quality thresholds, he adds.
Policy & Finance
Phased increase of carbon price to nearly US$50 needed to decarbonise Malaysia’s steel sector: think tank
The proposed threshold would make low-carbon steel production commercially viable, said local think tank IDEAS ahead of the government's plan to implement a carbon tax on high-emission sectors starting next year.
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Carbon & Climate
How Southeast Asian countries are positioning themselves at COP29
4 November 2024
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News / Cities
Deadly floods affect millions across South and Southeast Asia, leaving over $4 billion in loss and damage
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News / Carbon & Climate
COP30 secured a win for civil society – what can future hosts learn from Brazil’s approach to people’s participation?
Climate justice groups celebrated the establishment of a just transition mechanism in Belém, where the COP30 presidency engaged … -
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News / Policy & Finance
Taiwan issues new governance guidelines to ease local tensions over renewable energy rollout
A year-long government “sandbox” study identifies recurring conflicts in solar, aquaculture-solar, micro-hydropower and geothermal projects, prompting policy reforms … -
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News / Food & Agriculture
Asia’s banks are failing to grasp growing food system risks: study
Study warns that Southeast Asian and Indian lenders are overlooking major climate, biodiversity, and public-health risks tied to … -
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News / Carbon & Climate
South Korean province clears CO2-to-eSAF project in push for cleaner aviation fuel
Initiative advances government plans to scale carbon capture and e-fuel technologies to support long-term net zero goals.
