On January 24, 2025, Vietnam’s Prime Minister issued Decision No. 232/QD-TTg (“Decision 232”), approving a project to establish and develop the country’s carbon market. This article outlines the market’s structure, key objectives, and implementation roadmap. Decision 232, effective immediately upon issuance, primarily aims to establish a carbon market in Vietnam to support the implementation of...Read More

Indonesia’s state-owned electricity company, PT PLN (Persero), has officially entered the international carbon trade, marking a significant step in the country’s efforts to combat climate change and attract foreign investment. This milestone positions PLN as the first Indonesian company to participate in the global carbon market, reinforcing its commitment to environmental sustainability. Government Support for...Read More