New Singapore-based initiative aims to aggregate demand for high-integrity carbon credits and unlock financing for early-stage climate projects across Asia.
As conflict in the Middle East drives energy prices up, Singapore's smaller firms should adopt technologies that lower their electricity use and emissions – and make use of a grant to pay for them, a minister has said.
The Philippines signed its first legal framework for trading carbon credits. Experts caution that key rules for measuring and approving emission cuts are still missing.
Conditional approvals were granted to Verra’s revised methodologies for the connection of renewable energy to grids and abatement of methane from coal mines.