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He cited ministerial bureaucracy and the pace of government processes behind his decision, saying he is most comfortable contributing to projects on the ground.
From Thailand’s elephant plains to the Philippines’ coral sanctuaries, these destinations share one belief: that tourism must give back more than it takes. In Southeast Asia, ecotourism isn’t just about seeing nature – it’s about keeping it alive.
In a bid to close the US$1.3 trillion climate finance gap without adding to global debt burden, governments from Asia, Africa and Europe are joining forces to issue shared guardrails for the corporate use of offsets by COP30.
Weak demand, a delay in Verra's deforestation risk maps and Article 6 uncertainty has hurt project developers. The recent resignation of Malaysia’s environment minister is also expected to slow carbon-related regulation.
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