The Malaysian carbon exchange also plans to offer renewable energy certificates for trade on its platform and accept Gold Standard-certified carbon credits later this year in a bid to expand its product offerings.
Along with a major expansion of renewable energy, India is also pushing for big increases in its coal production, casting doubt on its climate commitments.
After a challenging year, experts tell Eco-Business that ongoing efforts to promote high-integrity carbon credits and recent bilateral agreements have spurred hope that markets will recover this year, despite lingering uncertainties.
As businesses come under pressure to meet net-zero targets, they are increasingly investing in forest-protection projects to cancel out their carbon emissions. But what could have been a viable climate-mitigation option has become little more than a licence to pollute, to the detriment of indigenous communities and the planet.
By
Mateo Estrada
The most important issue for India is to grow sustainably while adhering to its international climate commitments and keeping its energy constraints in mind.
By
Saon Ray
From natural seawalls to mangroves, countries are starting to combat climate change with nature-based solutions. COP28 might drive more of these efforts.
By
Astra Rushton-Allan and
Dr Sali Jayne Bache
EB Studio
Thinking about your carbon footprint can be mind-boggling. Even if you wanted to do something about it, where do you start? With this mobile app, all the information you need is at your fingertips.
GoTo sustainability head Tanah Sullivan tells the Eco-Business Podcast that regulating net-zero claims would decarbonise Southeast Asia faster. Indonesia's biggest internet firm aims to cut emissions to zero by 2030 — a target critics say is unrealistic.
The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.
With governments and companies racing towards net zero, Google has set a target to use clean energy for every location and every hour of its operations by 2030. Is this possible?
Solar, wind, carbon capture, nature-based solutions—what are the technologies needed to combat climate change? Eco-Business asked clean energy entrepreneur Hendrik Tiesinga where the smart money is going.