Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

Indonesia is considering spending USD 320 million in its 2023 budget to incentivize purchases of electric vehicles (EVs), as stated by Indonesia’s Industry Minister. According to the minister, purchasers of EVs manufactured in Indonesia may receive an IDR 80...
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...