Highlight of the news:
The Asia Carbon Institute (ACI) has launched in Singapore as a non-profit organization focused on providing certification and registration of carbon credits. ACI aims to address gaps in Asia’s voluntary carbon market and accelerate the development of greenhouse gas mitigation projects in the region. The organization will prioritize projects that utilize advanced carbon reduction and removal technologies. ACI plans to collaborate with international and regional standard bodies, financial and scientific communities, and GHG mitigation project developers. It aims to revolutionize the voluntary carbon market through innovative ideas and technologies while addressing current challenges.