
Thailand strives to expand voluntary carbon market
Thailand aims to have an emissions trading system in full operation by 2030 and is preparing to impose a carbon tax of 200 THB (5.94 USD) per tonne on oil products.
Thailand aims to have an emissions trading system in full operation by 2030 and is preparing to impose a carbon tax of 200 THB (5.94 USD) per tonne on oil products.
During the Indonesia Climate Policy Outlook 2025 event, hosted by the Foreign Policy Community of Indonesia (FPCI) in Jakarta on February 20, he stated that Indonesia joined the global carbon trade network by launching international carbon trade transactions at the Indonesian Stock Exchange in January.
Malaysia’s ASEAN 2025 Chairmanship provides the best opportunity to promote carbon trading and carbon credits among its member countries, said Sarawak’s Deputy Minister of Energy and Environmental Sustainability Datuk Dr Hazland Abang Hipni.
Indonesia has finalised regulations for the implementation of carbon capture and storage (CCS), reinforcing its commitment to reducing global carbon emissions.