Tencent's Carbon Credit Alliance: Boosting Market Supply

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Recorded12 Nov 2025

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Tencent Explores Carbon Credit Alliance: A New Initiative to Boost Market SupplyChinese tech giant Tencent Holdings Limited is reportedly forming a carbon credit buyers alliance, aiming to increase market supply by uniting companies from various sectors, both within and outside of China. The alliance, expected to launch by the end of 2025, will primarily target Asian companies and utilize solutions from Global South nations. The initiative, which includes businesses from technology, manufacturing, and consumer industries, will provide compliance and technology adoption assistance to member companies. Tencents own carbon neutrality plan, involving the purchase of millions of tons of carbon credits, could significantly impact the market as more buyers join the alliance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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