Blogs
2024 Renewable Energy and Carbon in Review
As the realities of the climate crisis become ever more visible, many across the globe are navigating unique challenges and opportunities in their pursuit of a sustainable future. In 2024, countries in the Asia Pacific (APAC), Latin America and the Caribbean emerged as key players in this phenomenon, leveraging their rich natural resources and special technologies amid acute climate vulnerabilities, to pioneer innovative approaches to sustainable development. This article serves as a recap of the notable trends and developments in renewable energy and carbon markets within these emerging regions over the past year, offering insights into both the promise and complexities of their rapidly evolving landscapes.
Market Reports
As climate change puts increasing pressure on Mexico’s health systems, the need for resilient and low-carbon hospital infrastructure is becoming more apparent. This whitepaper reveals how sustainable design, energy efficiency, and innovative financing can transform hospitals into climate-resilient, cost-efficient, and future-ready facilities—while aligning with Mexico’s rapidly evolving green building ecosystem. It explores the frameworks and tools driving this transformation, including LEED and EDGE certifications, green bonds, and the Taxonomía Sostenible, which are unlocking new opportunities for investment and impact across the health care sector.
This paper is published in Spanish.
As the epicenter of global supply chain networks, the Asia Pacific’s evolving climate regulations stand to reshape operational, compliance, and reputational risks for companies worldwide. This report offers a look into key climate policy developments across major APAC economies and their implications for businesses operating inside and outside of the region.
Carbon is quickly becoming a key topic of conversation for companies operating across the Asia Pacific, where some of the world’s highest-emitting countries are now complementing voluntary markets with regulatory measures. This report offers a comprehensive overview of APAC’s evolving carbon markets and policy frameworks, providing insight into market dynamics and carbon policy developments across 9 countries.
In recent years, Mexico’s corporate renewable energy market has begun to gain momentum, with a number of corporations executing offsite power purchase agreements following reforms to partially liberalize the electricity market in 2014. However, Mexico’s current energy market is undergoing a political shift as the ongoing administration is looking to make significant reforms to the energy sector.
Our Mexico Market Package includes the Buying Renewable Energy in Mexico market snapshot report, which highlights the latest trends and available renewable energy procurement options in the country. In addition, you will receive a recording of our Mexico Market MeetUp webinar featuring Orrin Cook and Ana Ortiz of Apala Group, Benjamin Herrera of the International REC Standard, and Alfonso Gutiérrez Espinoza of Kiwa Power, as they discuss the latest developments and market opportunities for corporate renewable energy procurement in Mexico.
With rising domestic and global pressures from corporations to make and meet renewable energy commitments, South Korea’s government has recently enabled legislative and regulatory changes to open new market opportunities. Through K-RE100 system, South Korea’s renewable energy market now includes multiple procurement pathways.
Our South Korea Market Package includes the Buying Renewable Energy in South Korea market snapshot report, which highlights the latest trends and available renewable energy procurement options in the country. In addition, you will receive a recording of our Mexico Market MeetUp webinar featuring Orrin Cook of Apala Group, Ryan Russell of Kim & Chang, as they discuss the latest developments and market opportunities for corporate renewable energy procurement in South Korea.
Japan’s electricity market allows buyers of renewable energy to meet their electricity and carbon reduction commitments through multiple procurement pathways, including onsite generation, retail renewable energy, corporate PPAs (CPPAs), and unbundled EACs. Japan’s EAC market is considerably complex, with a variety of certificate schemes (NFCs, J-Credits, GECs) circulating and unique RE100/CDP reporting considerations for each.
Our Japan Market Package includes the Buying Renewable Energy in Japan market snapshot report, which highlights the latest trends and available renewable energy procurement options in the country. In addition, you will receive a recording of our Japan Market MeetUp webinar featuring Orrin Cook and Otto Nichols of Apala Group, Masaya Ishida of Renewable Energy Institute (REI), and Mike Benner of the American Chamber of Commerce of Japan as they discuss the latest developments and market opportunities for corporate renewable energy procurement in Japan.
The Taiwan electricity market has evolved significantly in recent years as increasing numbers of large corporations and their suppliers have pushed for new options for procuring renewable energy. Whether for voluntary or compliance purposes, companies can now choose between onsite, bundled and attribute-only renewable energy products. The Taiwan renewable energy market is poised for robust growth in the coming years.
Our Taiwan Market Package includes the Buying Renewable Energy in Taiwan market snapshot report, which highlights the latest trends and available renewable energy procurement options in the market. In addition, you will receive a recording of our Taiwan Market MeetUp webinar featuring Orrin Cook of Apala Group, Richard Hsu of Taiwan Association of Green Energy Transactions (TAGET), Judy Chen of Center for Resource Solutions, and Raoul Kubitschek of the Taiwan Renewable Energy Association (TRENA) as they discuss the latest developments and market opportunities for corporate renewable energy procurement in Taiwan.
Malaysia’s electricity market provides corporate buyers of renewable energy with multiple procurement pathways, including corporate power purchase agreements (PPAs) and a variety of other bundled and unbundled options. The volume of corporate transactions has thus far been limited, but attractive offsite PPA opportunities are emerging and will be a private sector demand driver in the coming years.
As climate change puts increasing pressure on Mexico’s health systems, the need for resilient and low-carbon hospital infrastructure is becoming more apparent. This whitepaper reveals how sustainable design, energy efficiency, and innovative financing can transform hospitals into climate-resilient, cost-efficient, and future-ready facilities—while aligning with Mexico’s rapidly evolving green building ecosystem. It explores the frameworks and tools driving this transformation, including LEED and EDGE certifications, green bonds, and the Sustainable Taxonomy, which are unlocking new opportunities for investment and impact across the health care sector.
This paper is published in English.