Eco-Business

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Over the next three months, Malaysia's environment ministry will consult state and federal actors, as well as industry and civil society groups as it prepares a draft of the bill.

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.

EB Studio In the wake of the world’s first Article 6 transaction between Thailand and Switzerland South Pole’s regional policy director Karolien Casaer-Diez reflects on how the rise of carbon markets in Asia, combined with effective regulation, may hold the key to reducing the region’s carbon emissions.

Ivy Wong Abdullah_cropped_yayasanhasanah

Ivy Wong moves on from the grant-making foundation after eight years. She joins carbon finance company Permian Global as Malaysia CEO.

By Gabrielle See

By Samantha Ho

By Gabrielle See

By Hannah Alcoseba Fernandez and Liang Lei

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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 first auction on Malaysia’s new voluntary carbon market, the Bursa Carbon Exchange (BCX), took place on 16 March, with around RM7.7 million in carbon credits sold. By Dr Pieter E. Stek

The market must work in sync with a range of policy instruments. Stable institutional and regulatory structures must balance competing interests and trade-offs to ensure optimum coverage, caps, pricing and reporting. By Aman Srivastava

Southeast Asian countries should carefully weigh the economic and environmental impacts of unilateral climate policies like the European Union’s Carbon Border Adjustment Mechanism (CBAM). By Mirza Sadaqat Huda

By Georg Kell

By Nicholas Stern and Joseph E. Stiglitz

By Rhett A. Butler

By Steve Zwick

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Achim Steiner talking at the Responsible Business Forum in Singapore. Image UNDP Asia Pacific

The IPCC's climate warning is an opportunity for the business world to show leadership, said UNDP's Achim Steiner in the opening speech at the Responsible Business Forum in Singapore.

Breakthrough casts aside fear that carbon captured and stored underground can seep back into the air and explode.

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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.

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