Delays weaken India’s compliance carbon market targets, analysts say
Weaker targets under India’s new compliance carbon market have reduced emissions reduction potential by about 2.8 million tonnes of CO2 equivalent by 2027, according to analysts.
Read MoreWorld logs third-hottest year in 2025, scientists warn warming is accelerating
Rising global temperatures helped rank 2025 as the third-warmest year ever measured, coming in marginally cooler than record-holders 2024 and 2023, as scientists warned an acceleration in global warming is beating earlier expectations.
Read MoreTaiwan offers carbon fee relief to prevent heavy industry from offshoring
Taiwan has set out rules allowing its emissions-intensive industries to apply for relief under the island’s carbon fee, as the government seeks to prevent factories moving overseas and preserve competitiveness.
Read MoreHong Kong company issues “carbon coins” from 500,000 VCUs
A Hong Kong-based company has issued what it said were the world’s first “carbon coins”, tokenised from 500,000 carbon credits from Verra’s Verified Carbon Standard.
Read MoreIETA urges Australia to reform, not scrap Climate Active
Australia should improve its flagship voluntary carbon reduction scheme rather than scrap it, emissions trading lobby group IETA said in a public letter to the government this week, warning that a repeal would undermine corporate climate action.
Read MoreBRIEFING: ASEAN carbon markets enter a year of implementation
Across voluntary and compliance markets, regulators in the ASEAN countries are racing to put frameworks in place, though the gap between policy and practice remains wide and the success of these markets will mostly hinge on building integrity, MRV, and regional trust, according to experts.
Read MoreCarbon prices to outpace abatement costs under Indian ETS -report
Costs of purchasing carbon credits under India’s upcoming compliance mechanism are expected to rise sharply as the price of decarbonisation continues to fall, benefitting early movers that invest in abatement technology, according to a major accounting firm.
Read MoreIndia’s forest carbon may find home in compliance markets, study says
Forest-based carbon credits in India may find firmer footing in domestic compliance markets and national climate targets rather than the voluntary market as prices remain too low, an academic paper argued.
Read MoreIndia’s renewable push hit by rising financing costs, weak power distributors
Rising financing costs and weakness in the power sector risk slowing down India’s renewable energy deployment as the country looks to install 500 GW of non-fossil fuel capacity by the end of this decade, according to a new academic review.
Read MoreChina issues trial climate disclosure rules, signals path to mandatory reporting
China has released a trial climate disclosure standard for companies, setting them up for mandatory reporting in the future.
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