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2024-11-11 16:33:58

CAREC launches regional climate fund to strengthen regional collaboration on climate resilience
Member countries of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new Climate Change Action Plan (CCAP) and launched the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) to strengthen regional collaboration on climate resilience, low-carbon growth, and sustainable development. The endorsement took place at the 23rd CAREC Ministerial Conference...

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2024-11-15 07:39:09

IFC scales up climate financing in Vietnam to support green transition
Boosting its support for Vietnam’s green transition and sustainable development, the International Finance Corporation (IFC) has scaled up its long-term investment in the country with a strong focus on climate finance in the last fiscal year. The new commitments aim to bolster Viet Nam’s shift towards a low-carbon economy while enhancing private-sector resilience and...

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2024-11-20 16:23:21

Malaysia signs MOC with 9 Asean countries to operationalize regional carbon market agenda
Malaysia has embarked on a landmark partnership with carbon market associations from nine other ASEAN nations through the signing of a Memorandum of Cooperation (MOC) aimed at developing a unified carbon framework, the ASEAN Common Carbon Framework (ACCF). As the third-largest trader in the world, this strategic agreement is set to enhance carbon market efficiencies across the region,...

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2024-11-15 07:25:05

Malaysia’s Yinson Renewables launches Matarani solar plant in Peru
Malaysian renewable energy firm Yinson Renewables has officially launched the Matarani solar plant in Peru. The firm said in a statement on Thursday that the 97 MWp Matarani solar plant, located in the Mollendo Desert in the Arequipa region, entered into full operational phase in September 2024. It is designed to deliver 260 GWh of renewable energy annually, satisfying the electricity needs...

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