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Sustainability and carbon market news

Stay up to date with the latest sustainability news, carbon market insights, and environmental regulation updates shaping the future of business.

From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.

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Kazakhstan Paris Agreement Asia Article 6 Forestry
Kazakhstan's Article 6 rules put forestry centre stage

Kazakhstan has adopted a detailed set of operating rules for cooperative carbon markets under Article 6 of the Paris Agreement, opening a clearer route for project developers and placing forestry among the country's priority areas for investment. Green Earth team member planting saxaul trees on the dried bed of the Aral Sea in Kazakhstan. Greening of the Dried Aral Sea Project, Green Earth. The government adopted the implementing regulation, an order under the country's Environmental Code, at a recent launch event in Astana. It gives potential...

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Carbon markets India Asia Article 6
India launches Article 6 carbon credit marketplace

The Carbon Markets Association of India (CMAI) has launched a marketplace for Article 6 of the Paris Agreement. The platform gives organisations a single point of access for participating in international carbon markets. A man participating in the...

Tree planting Forest Asia
Thailand launches forestry platform for carbon projects

Thailand’s national carbon body has launched a centralised digital platform to connect private developers with government land management agencies on forestry-based carbon projects. A researcher reviewing satellite forest mapping data on a tablet...

Carbon credits Voluntary Carbon Market Asia
South Korea launches alliance and exchange to grow domestic carbon credit market

South Korea is making a concerted push to develop its domestic verified carbon market, pairing new institutional infrastructure with planned legislation to bring structure and scale to carbon credit activity in the country. The Korean Voluntary...

Asia SBTi Decarbonisation
Nearly 10,000 companies set validated climate targets, Asia leads the charge

Corporate sustainability target-setting is accelerating. New data from the Science Based Targets initiative (SBTi) shows that the number of companies with validated science-based targets grew by 40% in 2025, reaching 9,764 by year-end. The milestone...

Blue carbon Asia Japan
Japan accelerates blue carbon development with new funding and cross-border partnerships

Japan is stepping up its blue carbon activity on two fronts. The country's Ministry of Environment (MoE) has announced a JPY300 million ($1.9 million) subsidy programme for seaweed-based carbon removal projects, and a Japanese developer has signed a...

Carbon credits European Union Asia Article 6
Norway and Pakistan sign their first Article 6.2 bilateral carbon market agreement

Norway and Pakistan have formalised a bilateral cooperation agreement on carbon markets under Article 6.2 of the Paris Agreement, marking Pakistan's first such deal. Norwegian and Pakistani business leaders discuss sustainable agriculture projects...

European Union EU ETS Asia Article 6 CBAM
A shifting carbon border: The EU eyes Article 6 recognition as South Korea mobilises exporters

Two developments this week point to a carbon border landscape that is gaining both regulatory depth and global reach. In Brussels, a draft regulation proposes recognising Article 6 carbon credits under the EU's Carbon Border Adjustment Mechanism...

Governments Blue carbon Asia
Indonesia takes first steps towards the blue carbon market

Indonesia has established a greenhouse gas emissions baseline for its seagrass ecosystems, marking a significant early step in the development of a blue carbon framework for the country's marine and fisheries sector. Indonesian seagrass meadows...

Carbon markets Blue carbon Asia
South Korea’s carbon market tightens as blue carbon trading moves closer

South Korea’s carbon market is entering a decisive period in 2026, marked by tightening supply in its compliance system and parallel efforts to expand carbon trading into marine ecosystems. Diver inspecting a South Korean seaweed farm, monitored by...

Investing Asia Stock market Carbon trading
Thailand opens carbon credit trading on the stock exchange

Thailand is set to introduce exchange-based trading of carbon credits following approval from the Ministry of Finance to list them on the Thailand Futures Exchange (TFEX), marking a significant development in the country’s financial and...

Sustainability Investing Asia
Hong Kong rises as a global magnet for ESG investments

A new survey shows that family offices are accelerating their commitment to environmental, social, and governance (ESG) investments, with Hong Kong emerging as a focal point for sustainable wealth management. Family office meeting in Hong Kong with...

China Net zero Asia SBTi
Corporate surge in science-based targets driving green strategy

Corporate environmental ambition is rapidly intensifying worldwide, with the number of companies committing to both near-term and net-zero science-based targets more than tripling in just 18 months. According to the Science-Based Targets initiative...

Carbon credits Voluntary Carbon Market Asia
South Korea to launch voluntary carbon exchange

South Korea is moving forward with plans to establish a voluntary carbon market exchange, with the launch targeted for later this year. The initiative, announced by the Ministry of Economy and Finance, is designed to boost demand for carbon credits...

Paris Agreement Asia Article 6 Singapore ASEAN
Singapore and Thailand forge ASEAN’s first Article 6 deal

Singapore has signed its eighth international carbon trading agreement under Article 6 of the Paris Agreement, this time with Thailand. The deal, announced at the Singapore Regional Business Forum in Bangkok, marks the first such partnership between...

Carbon credits Carbon markets Governments Asia
Uzbekistan establishes legal framework for carbon credit market

Uzbekistan has introduced a new law that paves the way for the creation and international trade of carbon credits, marking a significant step in the country’s environmental policy. Signed by President Shavkat Mirziyoyev, the ‘Law on Limiting...

Nature conservation Asia Green Investment Singapore
Singapore and Malaysia forge green economy partnership

Singapore and Malaysia have launched the Johor-Singapore Economic Zone (JS-SEZ), a landmark initiative to strengthen cooperation in key areas, including carbon credits and renewable energy. The agreement, announced on 7 January after a year of...

Recycling Biochar Asia
Thailand’s new biochar initiative with green carbon: rubber waste

Japan-based Green Carbon has partnered with Thailand’s Rubber Authority (RAOT) to develop a groundbreaking biochar project. The collaboration formalised through a memorandum of understanding (MOU), aims to revolutionise carbon credit creation using...

Carbon markets Asia Carbon units Singapore
Singapore and Laos mark 50 years of relations with key agreements on carbon credits

Singapore and Laos are set to strengthen their collaboration in clean energy, food security, carbon credits, and capacity building, marking the 50th anniversary of their diplomatic relations. Laos nature landscape view. AI generated picture. Laos’...

Green bond Investing Asia Carbon units
Vietnam proposes tax exemptions for green bond and carbon credit income

The Ministry of Finance has proposed amendments to Vietnam's Law on Corporate Income Tax, aiming to exempt corporate taxes on income from green bond interest and carbon credits. Two elephants roaming in Yok Don National Park, the largest national...

Carbon credits Carbon markets Asia
Malaysia's first carbon credit auction

Bursa Carbon Exchange (BCX), a subsidiary of Bursa Malaysia Bhd, is set to auction its first Malaysian carbon credits on 25 July. This event represents a key milestone for BCX, introducing Malaysia Nature-based Carbon Credits Plus (MNC+) generated...

Carbon credits Sustainability Nature market Asia Tesla
Electrifying expansion: Tesla's strategic move into South Korea's carbon credits

Tesla has officially entered South Korea's carbon credit market following approval from the Ministry of Environment, marking a significant stride in integrating electric vehicles into the local market. This development opens up substantial revenue...

Nature conservation Wildlife Governments Investing Asia
Securing the future of tigers: Bhutan's billion-dollar conservation pledge

In a significant conservation effort, Bhutan's government, alongside a coalition of non-governmental organisations (NGOs), has announced a commitment to mobilise $1 billion over the next 10 years to safeguard tigers and their natural habitats. This...

Net zero Sustainability Asia
Ecosperity 2024: pioneering sustainable solutions in Singapore’s environmental summit

Singapore is gearing up to host the impactful Ecosperity 2024 Conference this April, aimed at fostering discussions around nature conservation and the advancement of carbon markets. From 15–17 April, this prominent event will assemble a diverse...

Carbon credits Carbon markets Asia
Vietnam's environmental victory: World Bank awards $51 million for emission reductions

Vietnam has been recognised for its environmental achievements, securing a notable $51 million from the World Bank’s Forest Carbon Partnership Facility. This payment rewards the nation for its successful efforts in curbing deforestation and boosting...

Carbon credits Carbon markets Nature restoration Asia
Vietnam to harness $200 million annually in carbon credits

Vietnam has stepped into the lucrative carbon credit market with the potential to generate an impressive $200 million each year, according to estimates by the Department of Forestry. This revenue is expected to come from the sale of approximately 40...

Green tech Sustainability Green bond Investing Asia
Hong Kong launches the world's first multi-currency digital green bonds

Hong Kong's government has taken a significant step in the financial world by issuing 6 billion Hong Kong dollars (approximately $765 million) in digital green bonds. This innovative move introduces the world's first multi-currency digital bond...

Carbon credits China Carbon markets Asia
China's carbon market gears up for unified standards

The State Council of China has approved a new set of regulations aimed at streamlining the nation's emissions trading systems (ETS). The forthcoming ‘Interim Regulations on the Management of Carbon Emissions Trading’ is poised to address crucial...

Carbon offsetting Carbon markets Governments Asia
Japan commits 20 trillion yen to accelerate emissions trading and carbon reduction

The Japanese government is injecting a significant 20 trillion yen ($137.4 billion) to drive decarbonisation efforts, motivating businesses to engage in the emissions trading system (ETS). While ETS participation remains optional for companies, the...

Carbon credits Net zero Voluntary Carbon Market Asia
China's carbon renaissance: The resurgence of its Certified Emission Reduction system

In a pivotal move, China's Ministry of Ecology and Environment (MEE) has issued comprehensive guidelines, marking the renaissance of the domestic voluntary carbon market (VCM). The focal point of this resurgence is the revival of the China Certified...

Biodiversity Nature conservation Governments Asia
Pioneering biodiversity initiatives announced in Malaysia

In a significant move to bolster biodiversity conservation, Malaysia is set to roll out its comprehensive National Policy on Biological Diversity 2022–2030. Prime Minister Datuk Seri Anwar Ibrahim emphasised the importance of aligning state-level...

Carbon credits Governments Regulation Asia
Singapore unveils its own carbon credit guidelines

Singapore has unveiled key principles to determine the eligibility of international carbon credits, a move aimed at supporting its environmental targets under the Paris Agreement. These criteria will govern the selection of carbon credits to offset...

Investment Carbon markets Governments Asia
The World Bank grants Vietnam $41 million to bolster forest carbon initiatives

Vietnam has successfully obtained $41 million from the World Bank to sell forest carbon credits, marking a pivotal step in its commitment to protect its natural environment. This substantial funding comprises 80% of the total amount agreed upon in...

Carbon credits Indonesia Carbon markets Asia
Indonesia's carbon market debut furthers net-zero goals

Indonesian President Joko Widodo unveiled the nation's inaugural carbon credit trading initiative on 26 September, marking a significant step towards fostering and funding a carbon emissions reduction market. Indonesia, renowned for its status as an...

Biodiversity Investment Nature-based solutions India Asia
Amazon's Wild Carbon programme: cultivating a greener India

Amazon, the global e-commerce giant, has pledged $3 million towards nature-based projects in India as part of its $15 million fund allocated for projects in the Asia Pacific (APAC) region. The collaboration with the Centre for Wildlife Studies (CWS)...

Net zero Sustainability Investing Asia
Record-breaking leap: 87% surge in global corporations adopting science-based targets

In a landmark development, corporate engagement in climate action reached new heights in 2022, as the Science Based Targets initiative (SBTi) unveiled a remarkable 87% upswing in the number of companies aligning with science-based targets. The...

Green bond Investing Asia
Reshaping India debt landscape: $30 billion in sustainable finance through green bonds

In a seismic debt shift, green bonds have surged to prominence, emerging as the cornerstone of the staggering $3.7 trillion global thematic debt, encompassing ESG (environmental, social, and governance) bonds, social bonds, sustainability bonds, and...

Carbon credits Investment Sustainability Governments Asia
Singapore and Sri Lanka join forces on impactful carbon credits

In a recent development, Sri Lankan President Ranil Wickremesinghe and Singapore's Prime Minister, Lee Hsien Loong, came together for the signing of a memorandum of understanding (MOU). This agreement focuses on cooperation for impactful carbon...

Biodiversity Urban Greening Nature conservation Green tech Asia
Singapore's biodiversity calculator: bridging urbanisation and ecology

In an effort to protect natural spaces from the encroachment of urbanisation in Singapore, Ashley Welch, a biodiversity specialist, has introduced the Singapore Biodiversity Accounting Metric. Developed in collaboration with Aecom and Camphora over...

Ecosystem Nature-based solutions Investing Asia
Southeast Asia's $200 billion restoration imperative

The Southeast Asian region is grappling with ecological and economic uncertainties caused by disproportionate environmental issues. A new study by the Imperial College Business School reveals that the annual cost of nature restoration in Southeast...

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