indonesia uses carbon for decarbonisation

Indonesia uses carbon for decarbonisation

Indonesia is developing CO2-to-X technology to transform captured CO2 into valuable materials, thus balancing energy needs with decarbonisation goals.
pooling all efforts for the carbon market

Pooling all efforts for the carbon market

The prime minister has assigned relevant ministries and agencies to compile a draft regulation introducing the forest environment and CO2 indexes in accordance with the regulation that localities developing industrial projects and emitting CO2 will be charged based on their forest environment index. Prof. Pham Van Dien, deputy director general of the Vietnam Administration of Forestry (VNFOREST), told VIR’s Kim Oanh about the principles these indexes need to incorporate and how they will help build out the carbon market in Vietnam.
carbon market to spring into life

Carbon market to spring into life

A local carbon-absorbing forest project in the northern Tam Dao National Park is expected to stir Vietnam’s potential carbon credit market.
eu to keep carbon tax on airlines

EU to keep carbon tax on airlines

The European Union will maintain its carbon tax imposed on airlines operating in its airspace, the Danish climate minister said, despite retaliatory trade measures by China.
carbon market pilot around the corner

Carbon market pilot around the corner

The local authorities are on track to complete a carbon credit market development scheme in Vietnam, which is careful preparation for establishing a pilot carbon trading platform from next year.
putting the carbon market to work

Putting the carbon market to work

The Paris Agreement, adopted in 2015, represents a historic global effort to combat climate change with the primary goal is to limit global warming to well below 2°C above pre-industrial levels, with an aspiration to keep it within 1.5°C. Achieving this ambitious goal is contingent on the collective efforts of nations to reduce greenhouse gas (GHG) emissions.
australia promotes carbon market collaborations

Australia promotes carbon market collaborations

The Australian Department of Foreign Affairs and Trade's (DFAT) Business Partnerships Platform (BPP) announced six new private sector partnerships on November 29.
vietnam sets course for carbon market scheme

Vietnam sets course for carbon market scheme

The Government Office has issued Document No.648/VPCP-NN on January 26, approving the carbon market development scheme in Vietnam.
carbon finance and energy policy in vietnam

Carbon finance and energy policy in Vietnam

Green growth, as defined by the Global Green Growth Institute (GGGI), is “economic growth that is environmentally sustainable and socially inclusive”. Countries pursuing green growth hope to achieve economic growth – often measured in terms of GDP and employment outcomes – while at the same time ensuring social equity, protecting the environment, and taking climate action.
the guiding principles in leading the carbon transition

The guiding principles in leading the carbon transition

The carbon transition is accelerating, and every company needs to play a role. The pandemic has intensified the race against climate change, renewing focus on such critical efforts by drastically cutting greenhouse gas emissions to reach 50-per-cent reduction by 2030 and net-zero by 2050.
utilising carbon trading exchange for benefit of all

Utilising carbon trading exchange for benefit of all

Deploying a pilot carbon trade exchange will create a foundation for establishing an official trade exchange, which is expected to start towards the end of the decade. Vu Trung Kien, director of Tan Nguyen JSC – the builder of the SETS - Smart Emission Trading System – talked with VIR’s Kim Oanh about the potential of this sector.
vietnam leaps on carbon credit craze

Vietnam leaps on carbon credit craze

Once a policy to apply forest environmental and CO2 indicators is officially approved, Vietnam may participate more actively in the sale and purchase of carbon credits for both enterprises and localities.
new technological trends for carbon credit investors

New technological trends for carbon credit investors

Carbon credits are an essential part of the national and international scheme of things, which provides economic incentives worldwide to reduce pollutants and climate change. Thomas G. Giglione, founder and managing director of Carbon Credit Group in Toronto, writes on the potential of carbon credits and new technological trends.
bringing carbon pricing towards the design table

Bringing carbon pricing towards the design table

Carbon pricing instruments are receiving increasing market support and attention as the world grapples with how to reduce greenhouse gas (GHG) emissions, but the choice and design of a carbon pricing instrument should always be driven by national circumstances.
microsoft pledges to be carbon negative by 2030

Microsoft pledges to be 'carbon negative' by 2030

Microsoft said on Thursday (Jan 16) it would become "carbon negative" by 2030 as part of a ramped-up effort by the US tech giant to combat climate change.