Market Updates
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© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Indonesia Signs On To International Effort To Boost High-Integrity Carbon Trading
Indonesia joined the Coalition to Grow Carbon Markets as its 11th national member, co-chaired by Kenya, Singapore, and the UK, endorsing Shared Principles for high-integrity carbon credit use to attract private capital for emissions reductions and nature conservation. Indonesia’s Forestry Ministry brings expertise in forest/mangrove/peatland projects, aligning with its global carbon market return and green growth goals, joining members like Canada, France, Panama, Peru, Switzerland, New Zealand, and Zambia. The accession was announced at a London roundtable following President Prabowo Subianto’s meeting with UK PM Keir Starmer, building on COP30 principles for credible corporate credit engagement.
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#Indonesia #CarbonMarkets #HighIntegrityCredits #ClimateAction #CarbonTrading #Forestry #Mangroves #Peatlands
Trump administration unlawfully cut clean energy grants, court rules
A US District Court ruled the Trump administration violated the Fifth Amendment’s equal protection clause by canceling $7.5 billion in clean energy grants based primarily on whether projects were in states that voted for Kamala Harris in 2024, vacating terminations for seven $27.6 million grants including EV charging, education, and building efficiency programs. The lawsuit, filed by St. Paul, Minnesota, and groups like EDF and IREC, argued no rational link exists between political voting patterns and agency funding priorities; DOE plans to appeal, standing by its review process. The decision could broadly impact similar cancellations, reinforcing that political considerations cannot override constitutional protections for nationwide clean energy initiatives.
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#USPolicy #CleanEnergy #FederalGrants #EnergyJustice #ClimatePolicy #CourtRuling
China Issues Climate Disclosure Standard Aligned With ISSB, Laying Groundwork For Mandatory Corporate Reporting
China has issued its first national corporate climate disclosure standard, closely aligned with the ISSB’s IFRS S2, signaling that climate reporting will become a core part of its financial and regulatory system. Released as “Corporate Sustainable Disclosure Standard No. 1 Climate (Trial)” by the Ministry of Finance and multiple regulators, it starts as voluntary but is designed to expand from listed to non-listed firms and from large companies to SMEs, ultimately moving toward mandatory disclosure. The framework mirrors ISSB pillars (governance, strategy, risk/opportunity management, metrics and targets) but goes further by requiring disclosure of companies’ impacts on climate, not just climate-related financial risks, with sector-specific guidance already being drafted for high-emitting industries such as power, steel, cement, coal, oil and autos.
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#China #ClimateDisclosure #ISSB #SustainabilityReporting #CorporateDisclosure #ESGPolicy #ClimateGovernance
Vietnam Certifies 71,000 Tonnes of Low Emission Rice Under National Green Farming Programme
Vietnam certified 71,000 tonnes of low-emission rice from 18,000 hectares in the Mekong Delta under the Low Emission Green Vietnamese Rice label, part of the national One Million Hectare Programme targeting high-quality, low-emission rice by 2030. Eight exporters now ship certified rice globally, making Vietnam the first country to scale low-emission rice exports with strict traceability, water/fertilizer management, and cultivation protocols verified by local/international bodies. The initiative emphasizes farmer behavior change, cooperative reform, and media storytelling to drive adoption, positioning Vietnam’s rice sector for climate-aligned trade amid global decarbonization pressures.
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#Vietnam #LowEmissionRice #SustainableAgriculture #GreenFarming #ClimateSmartAgriculture #FoodTraceability #Decarbonization
Ørsted Takes US Government to Court Over Halted $5 Billion Offshore Wind Project Weeks From Power Generation
Ørsted has sued the US government in DC federal court for an injunction to resume construction on its 87% complete $5 billion Revolution Wind offshore project (704 MW off Rhode Island), halted by a Trump administration lease suspension citing national security concerns over radar interference. The joint venture with BlackRock’s Global Infrastructure Partners has spent billions under prior federal/state approvals, including DoD mitigation agreements, and aims to power 350,000 homes via 20-year PPAs with Connecticut/Rhode Island utilities. The order affects five East Coast projects totaling nearly 6 GW; Ørsted is also assessing options for its Sunrise Wind project amid broader policy risks to US offshore wind.
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#Orsted #OffshoreWind #USRenewables #EnergyPolicy #CleanEnergy #WindPower #InfrastructureRisk
Egypt Mobilizes $750 Million in Green Bond Finance to Advance Climate Strategy 2050
Egypt has secured €688 million ($750 million) through the Global Green Bond Initiative, backed by the EIB and UNDP, to bolster climate finance and adaptation under its National Climate Change Strategy 2050. The funds are projected to cut 10 million tons of CO₂e emissions and deliver adaptation benefits to 8.3 million people, complemented by GCF approvals for a $200 million Novastar fund and $50 million in climate tech equity. Egypt also finalized its NDC 3.0 draft, first transparency report, fourth national communication, and is developing a national MRV system with World Bank support, while 18 ministries now have dedicated climate units.
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#Egypt #GreenBonds #ClimateFinance #ClimateStrategy2050 #Adaptation #NDC #MRV #SustainableDevelopment
Trump campaign against corporate DEI faces high legal hurdles
US President Donald Trump’s effort to roll back corporate DEI programmes is expected to face major legal challenges. Experts say the Equal Employment Opportunity Commission (EEOC) must meet a very high legal standard to prove DEI policies violate anti-discrimination laws. Under new leadership, the EEOC is shifting toward a more conservative approach, including focusing on claims by white men. However, legal experts stress that DEI programmes are not illegal by default and often help prevent discrimination. Courts still require clear proof of race- or sex-based harm.
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#US #DEI #EEOC #LegalChallenges #CorporateGovernance #AntiDiscrimination #PolicyShift #WorkplaceCompliance
DHL Signs Major SAF Deal with Neste Ahead of New EU Rules
DHL Express confirmed a new fuel agreement. The company signed a binding offtake contract with the renewable fuels producer Neste. Under this deal, DHL will receive 50 million liters of Sustainable Aviation Fuel (SAF) for deliveries in 2026.
The fuel will be used in DHL’s air cargo flights to help reduce carbon emissions. This deal is one of the first under the tightened ReFuelEU Aviation rules, which increase SAF requirements at European airports starting in 2026.
DHL moved early to lock in supply. The company expects SAF prices to rise once the new rules begin in January. Securing supply now helps DHL manage future costs and ensure fuel availability as demand grows.
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#DHL #Neste #SAF #ReFuelEU #Aviation #Offtake #2026 #AirCargo #EmissionsReduction
US pauses offshore wind projects over security concerns
The US has halted leases for five offshore wind projects along the Atlantic coast, citing risks such as radar interference and threats to nearby cities. The Department of the Interior announced the pause as part of a security review. President Donald Trump, a long-time opponent of wind energy, has sought to block projects since returning to office, while the Interior Department stated that wind farms have “no future” in the US grid. The move alarms renewable energy firms and state leaders, who warn that repeated policy reversals threaten jobs and economic stability as US power demand surges, driven by AI growth.
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#US #OffshoreWind #WindEnergy #Grid #PolicyUncertainty #AIelectricityDemand #StateImpact #Renewable
Japan to restart world’s largest nuclear power plant
Despite widespread public opposition, Japan took the final step to allow the world’s largest nuclear power plant to resume operations with a regional vote, a watershed moment in the country’s return to nuclear energy nearly 15 years after the Fukushima Dai-ichi nuclear power plant disaster.
Kashiwazaki-Kariwa, about 220km northwest of Tokyo, was among 54 reactors shut after the 2011 earthquake and tsunami crippled the Fukushima plant in the worst nuclear disaster since Chernobyl.
Since then, Japan has restarted 14 of the 33 that remain operable, as it tries to wean itself off imported fossil fuels.
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#Japan#NuclearPower #NuclearRestart #EnergySecurity #PostFukushima #PublicOpposition #NuclearPolicy #BaseloadPower #KashiwazakiKariwa