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
Singapore to trial its green jet fuel procurement with 9 firms including Temasek, Google and SIA
The Civil Aviation Authority of Singapore (CAAS) and Singapore Sustainable Aviation Fuel Company (SAFCo) signed a memorandum of understanding with the companies involved at the Changi Aviation Summit. The companies are Boston Consulting Group, Changi Airport Group, DBS, GenZero, Google, OCBC, Temasek, Singapore Airlines and Scoot.
The trial will test Singapore’s national sustainable aviation fuel procurement system as a whole. In response to queries for more details—including the volume of fuel to be procured and the value of the trial—CAAS said these matters are still under negotiation, adding that the test will begin “soon” with an open tender to be launched for the first batch of fuel.
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#Singapore #SAF #SustainableAviationFuel #AviationDecarbonisation #EnergyTransition
New Mandatory Registry of Carbon Credit Projects before MADES
Paraguay’s environment ministry, the Ministry of Environment and Sustainable Development (MADES), has launched a mandatory national registry for all greenhouse‑gas mitigation projects, covering activities that reduce, avoid, capture, or absorb emissions. The registry aims to strengthen transparency, prevent double counting, and align projects with National Goals (NDCs) while improving certainty for green investment. Registration requires a fee of about USD 2,500. All existing projects must register by March 15, 2026, and new projects at any stage must enroll with the Carbon Markets Directorate.
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#Paraguay #CarbonRegistry #CarbonMarket #ParisAgreement #NDC #Transparency
Puro.earth Launches On Demand Issuance Service to Accelerate CDR Liquidity, Revenue Cycles
Puro.earth launched Puro Issuance Plus, a premium service allowing eligible engineered CDR suppliers to issue CO₂ Removal Certificates (CORCs) more frequently in operational batches (min. 1,000/audit), improving liquidity, cash flow, and predictability without altering verification standards. Enabled by MyPuro 2.0 and dMRV Connect API for streamlined data submission and audits, it targets industrial-scale producers, bridging physical removal to market availability amid high capex needs. The service advances toward real-time issuance, aiding corporate procurement planning and signaling CDR’s maturation as a financeable asset class.
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#PuroEarth #CORCs #CarbonRemoval #CDRMarket #dMRV #CarbonCredits #ClimateFinance #CDRLiquidity
UK And EU Port Operators Launch Carbon Shipping Collaboration
UK’s Associated British Ports (ABP), Netherlands’ LBC Tank Terminals, Belgium/Netherlands’ North Sea Port, and Denmark’s Port of Esbjerg signed MOUs at the International North Sea Summit to develop CO₂ shipping corridors linking Northern Europe’s industrial emitters to UK/Danish offshore storage sites. The collaborations explore maritime transport as a flexible alternative to pipelines, leveraging ABP’s Immingham terminal for Viking CCS, LBC’s bulk storage, North Sea Port’s consolidation, and Esbjerg’s Greensand transit hub. Joint assessments aim to optimize port designs, value chains, and costs (potentially 20% savings per CCUS Association), positioning North Sea ports as key hubs in Europe’s low-carbon logistics.
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#CO2Shipping #CCUS #CarbonCapture #EUClimateAction #UKClimateAction #LowCarbonLogistics #CarbonTransport
Việt Nam Finalises Legal Foundation For Domestic Carbon Market
Vietnam issued Decree 29/2026/ND-CP on January 19, establishing a comprehensive legal framework for its domestic carbon trading exchange, integrating GHG emission quotas and carbon credits with securities infrastructure via Hanoi Stock Exchange (HNX). Trading requires dedicated carbon accounts at licensed securities firms, real-time settlement through Vietnam Securities Depository (VSDC), and prior national registry coding by the Ministry of Agriculture and Environment; pilot operations run fee-free through 2028. The system supports Vietnam’s net-zero 2050 goals, with over 30 million credits issued from 158 voluntary projects by August 2025, enabling transparent, efficient trading for compliance and aviation offsets.
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#Vietnam #CarbonMarket #ETS #CarbonCredits #ClimatePolicy #NetZero2050
Article 6 Registry Infrastructure Development Begins
UNFCCC and UNDP awarded a multi-year contract to develop the Article 6 Paris Agreement digital registry infrastructure, marking the start of work on systems to record, track, and verify international transfers of mitigation outcomes (ITMOs) between countries. Core components include a Minimum Viable Product for pilot testing, the Article 6.2 International Registry for ITMOs, the Paris Agreement Crediting Mechanism Registry for A6.4 Emission Reductions, and an Interoperability Hub for secure data exchange across national/international systems. Deployed in UNFCCC environments, the systems aim to ensure transparency, prevent double counting, and build confidence in cross-border carbon market cooperation per CMA mandates.
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#Article6 #UNFCCC #ITMO #CarbonMarkets #ParisAgreement #Transparency #ClimatePolicy
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