Asia Pacific > South Korea eyeing Paris GHG goal shift that would make it world’s top carbon credit buyer

South Korea eyeing Paris GHG goal shift that would make it world’s top carbon credit buyer

Published 15:05 on November 11, 2016  /  Last updated at 20:56 on November 11, 2016  / /  Asia Pacific, Climate Talks, International, Kyoto Mechanisms, Paris Article 6, South Korea

South Korea appears to be considering making its Paris emissions target a multi-year goal instead of a single-year one, which could see its demand for international carbon offsets rise more than ten-fold to over 1 billion units through the 2020s, potentially give the new global carbon market a much-needed shot in the arm.
South Korea appears to be considering making its Paris emissions target a multi-year goal instead of a single-year one, which could see its demand for international carbon offsets rise more than ten-fold to over 1 billion units through the 2020s, potentially give the new global carbon market a much-needed shot in the arm.


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