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Category Archives: News

GLOBAL CONSORTIUM BACKS EARLY COAL RETIREMENT WITH CARBON CREDITS

The Coal to Clean Credit Initiative (CCCI), with help from The Rockefeller Foundation, teams up with ACEN Corporation to look into a pilot project in the Philippines, it revealed at the COP28 climate summit in Dubai. This plan aims to use credits earned from reducing carbon emissions to shut down a coal-powered plant. COP28, happening […]

ACX PARTNERS WITH THE CT GROUP TO EXPLORE JOINT DEVELOPMENT OF CARBON CREDIT MARKET IN VIETNAM

  ACX Group and the CÔNG TY CỔ PHẦN SÀN GIAO DỊCH TÍN CHỈ CARBON ASEAN (CCPTA) – a member of the CT Group, are delighted to announce the signing of a Memorandum of Understanding (MOU) on 2 December 2023 to establish a partnership exploring the development of a carbon credit trading platform in Vietnam. […]

CT GROUP AND VERAGON COOPERATE TO JOINTLY DEVELOP THE “AIR TO WATER” TECHNOLOGY

On this morning 14th December, 2023, Veragon Group from Italia became strategy partner of CT Group in developing the air to mineral water technology. Both parties will transfer and implement “air to water” technology in high mountain areas, islands, or the areas which are far from infrastructure or in the difficult condutions to get water,.. […]

WHAT IT TAKES TO CLOSE THE HUGE CARBON REMOVAL GAP?

Boosting Carbon Dioxide Removal (CDR) is crucial alongside rapidly cutting emissions to meet the Paris Agreement’s climate targets. A detailed report, analyzing the industry’s various key aspects, looks at the current state of the CDR. The authors found that there’s a big difference between what countries plan to do and what’s needed to meet the […]

COP28: VIETNAM BUSINESS FORUM DISCUSSES MOBILISING RESOURCES FOR GREEN TRANSITION

Vietnam needs international support, financial cooperation, cutting-edge technology and high-quality personnel to serve its green transition, Prime Minister Pham Minh Chinh told a business forum in Dubai on Saturday. Prime Minister Pham Minh Chinh witnesses the exchange of cooperation documents between CT Group and ACX (AirCarbon Exchange). (Photo: VNA) The Vietnam Business Forum, themed “Mobilising […]

WHAT IS COP28? KEY ISSUES TO WHATCH OUT AT 2023 CLIMATE SUMMIT

After a record-breaking year of devastating effects of climate change, from record wildfires in Greece and Canada to floods in Libya, the United Nations COP28 conference comes at a decisive moment for international climate action to put us on a safer path. Temperature records are being beaten and climate effects are felt worldwide. As climate […]

ESG INVESTING WITH CARBON CREDITS – WHAT INVESTORS NEED TO KNOW

  Reducing carbon emissions is one of the most critical issues facing individuals and governments today. This is evident through a focus on ESG investing while governments create a cost through carbon credits to account for climate impact. ESG stands for Environmental, Social and Governance. Within investing, it refers to investors considering these factors in […]

THE ECONOMY OF THE FUTURE

A robust carbon credit market has emerged as a crucial tool in Vietnam’s journey to achieving its net-zero commitments and sustainable development. On September 29 in Ho Chi Minh City, real estate company the CT Group officially introduced the Carbon Credit Trading Platform ASEAN Joint Stock Company (CCTPA), becoming the first in Vietnam to initiate […]

VIETNAM’S CT GROUP INKS EMISSION REDUCTION DEAL WITH AMERICAN FIRM DURING APEC 2023 SUMMIT

Vietnam’s CT Group has signed a cooperation agreement on carbon emission reduction with Sustain.Life – an American carbon credit platform with a huge database of carbon emissions worldwide. The deal was inked on the sidelines of a visit by a high-ranking Vietnamese delegation to attend the ongoing APEC Economic Leaders’ Week in San Francisco. The […]

MARKET-BASED VS LOCATION-BASED EMISSIONS: WHAT’S THE DIFFERENCE?

The calculation of emissions, particularly in the realm of energy consumption, is a complex process that requires careful consideration of various factors. Two primary methods, location-based and market-based emissions reporting, play a critical role in understanding your company’s carbon footprint. This article delves into the intricacies of both methodologies, offering insights into their distinct calculations […]

VIỆT NAM PREPARES FOR CARBON TARIFFS IN PURSUIT OF NET-ZERO EMISSION TARGET

An official circular on measuring greenhouse gas emissions (GHG) is expected to be released this November, followed by training courses for businesses to comply with GHG control. Steel manufacturing is among the industries subject to greenhouse gas inventory reporting in Việt Nam. — VNA/VNS Photo Hoàng Nguyên Nhật Hồng HÀ NỘI — As carbon taxes […]

CLIMATE-TECH STARTUPS AMASS $7.6B IN Q3, SETTING NEW RECORD FOR VC FUNDING

Climate-tech startups focusing on carbon and emissions technology garnered $7.6 billion in venture capital (VC) funding in the third quarter this year, surpassing the sector’s prior record by $1.8 billion and opposing the downturn trend in fundraising. The surge in climate-tech companies during the quarter was propelled by a series of large financing rounds supporting […]