Vietnam Signs USD 15.5 billion Deal to Cut Down Fossil Fuel

Vietnam Signs USD 15.5 billion Deal to Cut Down Fossil Fuel

Under a new Just Energy Transition Partnership (JETP) signed in December 2022, developed countries will mobilize USD 15.5 billion in public and private finance over the following 3-5 years to assist Vietnam’s 2050 net zero goals.  Rich countries, the Asian...
Malaysia’s BCX Allows Exchange of Voluntary Carbon Credits

Malaysia’s BCX Allows Exchange of Voluntary Carbon Credits

Malaysia’s Bursa Carbon Exchange (BCX) is the world’s first carbon trading exchange, which encompasses standardized carbon credit products to be traded on the platform. It fosters Malaysian companies to exchange carbon credits from climate-friendly...
Hyundai Signs Aluminum Supply Deal with Indonesia’s Adaro Minerals

Hyundai Signs Aluminum Supply Deal with Indonesia’s Adaro Minerals

In November 2022, Hyundai Motor Company signed a deal with PT Adaro Minerals Indonesia Tbk, to secure a stable supply of aluminum, a key material required for electric vehicle manufacturing. The collaboration marks Hyundai Motor’s commitment to accelerating the...