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China, Japan, Korea step up efforts on carbon market cooperation

Published 04:44 on September 8, 2016  /  Last updated at 04:44 on September 8, 2016  /  Asia Pacific, China, China's National ETS, Japan, South Korea  /  No Comments

Supervised by government officials, researchers from the three major East Asian nations will meet in Beijing next week at a first annual conference to discuss how they can integrate their carbon markets in the future.

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Japan, New Zealand latest nations to aim for Paris ratification by year-end

Published 04:12 on August 17, 2016  /  Last updated at 04:25 on August 17, 2016  /  Asia Pacific, Climate Talks, International, Japan, New Zealand  /  No Comments

Japan and New Zealand have become the latest nations to indicate they will ratify the Paris Agreement by the end of 2016, increasing the chances that the climate treaty will enter into force this year.

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Carbon market can prop up China’s Silk Road plans, help globalise RMB -ex-official

Published 13:32 on June 14, 2016  /  Last updated at 20:59 on June 14, 2016  /  Asia Pacific, China, China's National ETS, Japan, Other APAC, South Korea  /  No Comments

By extending its emissions trading plans into south and east Asia and working towards an RMB-denominated Asian carbon market, China could help realise President Xi Jinping’s Silk Road plans and internationalise its currency, a respected economist and former official said this week.

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International emission trade talks begin slowly as NZ, Japan set pace

Published 00:49 on May 28, 2016  /  Last updated at 10:41 on May 30, 2016  /  Africa, Americas, Asia Pacific, Canada, China, China's National ETS, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, New Market Mechanisms, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

UN climate negotiations meeting in Bonn over the past fortnight began a long-haul process to refine rules for international emissions trade, with Japan and New Zealand vowing to advance their own plans regardless.

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Japan, Indonesia issue first carbon offset credits under JCM

Published 03:03 on May 13, 2016  /  Last updated at 09:04 on May 13, 2016  /  Asia Pacific, International, Japan, New Market Mechanisms, Other APAC  /  No Comments

Japan’s Joint Crediting Mechanism (JCM) has passed an important milestone as the first ever carbon credits have been issued under the programme for emission cuts achieved at two projects in Indonesia.

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Japan cuts carbon emissions for the first time since Fukushima

Published 10:24 on April 15, 2016  /  Last updated at 10:24 on April 15, 2016  /  Asia Pacific, Japan  /  No Comments

Japan cut its greenhouse gas output by 3.1% in fiscal year 2014, the Ministry of Environment announced Friday, the first time the nation has recorded a drop in emissions since the 2011 Fukushima disaster forced a shut-down of most of its nuclear power industry.

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Even ‘most efficient’ coal puts global climate goals out of reach -report

Published 09:57 on April 14, 2016  /  Last updated at 11:17 on April 14, 2016  /  Asia Pacific, International, Japan, New Market Mechanisms, Other APAC  /  No Comments

Even the most efficient coal plants are not compatible with the global climate change goals, a study commissioned by green group WWF found, undermining claims that such plants count as climate action and are eligible for climate finance.

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BRIEFING: The challenges of linking Asia-Pacific carbon markets

Published 15:12 on April 7, 2016  /  Last updated at 11:39 on May 11, 2016  /  Asia Pacific, Australia, China, China's National ETS, China's Pilot Markets, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, Other APAC, South Korea  /  No Comments

Asia-Pacific nations are building carbon markets at an unprecedented pace, but their vastly different circumstances could mean they risk hampering future efforts to link the schemes.

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Japan environment minister won’t give up on carbon pricing

Published 10:41 on March 29, 2016  /  Last updated at 11:28 on March 29, 2016  /  Asia Pacific, Japan  /  No Comments

Japan Environment Minister Tamayo Marukawa on Tuesday released her long-term vision on climate change, opting to include carbon pricing as part of her preferred future policy portfolio despite lingering opposition in other quarters of government.

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Baby steps for Japan’s JCM as it seeks to break new ground

Published 12:13 on March 28, 2016  /  Last updated at 15:33 on March 28, 2016  /  Asia Pacific, Japan  /  No Comments

Japan’s Joint Crediting Mechanism is inching forward by registering a handful of new projects, but progress is slow with no firm demand and as regulators take a firm line in tackling issues not previously faced in international carbon markets.

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