Asia Pacific > ANALYSIS: South Korea faces offset issuance gap after Glasgow, while Japan gets clarity on market plans

ANALYSIS: South Korea faces offset issuance gap after Glasgow, while Japan gets clarity on market plans

Published 12:23 on November 15, 2021  /  Last updated at 23:19 on November 15, 2021  / Stian Reklev /  Asia Pacific, Climate Talks, International, Japan, Kyoto Mechanisms, Paris Article 6, South Korea, Voluntary

South Korea’s carbon market will go several years with minimal access to foreign offsets while some projects risk financial ruin after this weekend’s UN climate deal, which provided Japan with certainty should it decide to tap into the voluntary carbon market.
South Korea’s carbon market will go several years with minimal access to foreign offsets while some projects risk financial ruin after this weekend’s UN climate deal, which provided Japan with certainty should it decide to tap into the voluntary carbon market.


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