Carbon capture development in Asia is increasing speed as recent news suggests. Baker Hughes was awarded a contract to supply CO2 compression equipment for a large-scale carbon capture and storage (CC…
Carbon Credit
Breaking new ground: Sustainability in Malaysia
“We’re dealing with a crisis here, folks.” The warning from John Kerry, the US president’s top climate envoy, to global leaders at the World Economic Forum in Davos in May 2022 couldn’t have been clea…
China-Laos low-carbon demonstration zone unveiled in Vientiane
The inauguration ceremony of the Vientiane Saysettha Low-Carbon Demonstration Zone jointly built by China and Laos was held via video conferencing on Friday. The event indicates construction of the de…
Laos makes solid progress towards carbon neutrality
The ADB said in a recent report that Laos has made solid progress towards achieving its nationally determined contributions (NDCs) under the Paris Agreement, aimed at achieving net-zero emission. The …
The need to establish a regional carbon market in Southeast Asia
As the second-largest open market in the world, carbon market could be the last chance that ASEAN does not want to miss to obtain international financing. Since developing countries could no longer re…
China and Laos cooperate to build a low-carbon demonstration zone in Laos
On April 24, 2021, Yunnan Construction Investment Holding Group Co., Ltd. actively coordinated with the Ministry of Ecology and Environment of China and the Ministry of Natural Resources and Environme…
Philippines raises carbon emission reduction target to 75 per cent by 2030
The Philippines said on Friday it was revising up its target to cut greenhouse gas emissions to a 75 per cent reduction by 2030 under its commitment to the Paris Agreement on Climate Change, up from a…
Indonesia’s carbon credit potential may raise bargaining power
Indonesia’s large carbon credit potentials because of its abundant natural resources including forests and mangroves can increase its bargaining power in its trade with other countries, a former…