CN Markets: CEAs continue slow decline, but CCERs find support above 90 yuan
Prices in China’s national emissions market continued to decline over the past week as recent policy updates have failed to stir enthusiasm among traders, while the country’s voluntary market saw relatively robust trading activity amid improving demand.
Read MoreJapanese energy giant agrees to invest in credit-generating green methanol project
A major energy company in Japan will invest in a US-based renewable energy project to grow its global green methanol portfolio while creating carbon removal credits.
Read MoreJapanese startup to develop reforestation monitoring scheme in Brazil
A Tokyo-based carbon credit due diligence provider has teamed with a non-profit to develop a monitoring scheme for reforestation projects in Brazil, it announced Wednesday.
Read MoreSouth Korea urged to raise ambition levels in next NDC
An NGO has called for South Korea to cut GHG emissions by two-thirds by 2035 or reach its carbon neutrality target at least five years earlier to meet its carbon budget.
Read MoreJapan sets up centralised agency for JCM projects, registry
Japan has established an agency to operate the bilateral Joint Crediting Mechanism (JCM), as the country aims to streamline the process for the creation of Paris-aligned carbon credits.
Read MoreJapanese trading house, French startup launch investment platform for nature-based projects
One of Japan’s major trading houses has partnered with a French startup to expand their presence in the international voluntary carbon market, with plans to operate an investment platform for nature-based solutions and develop removal projects in Africa.
Read MoreKorean agency, securities firm partner to support international carbon projects
State-funded Korean Trade-Investment Promotion Agency (KOTRA) has teamed up with a domestic securities firm to encourage the advancement of international greenhouse gas reduction projects.
Read MoreCN Markets: CEAs extend recent losses, ETS expansion plan expected to drag down demand
Permit prices in China’s national CO2 emissions market continued to drop over the past week, with analysts expecting what they see as the unambitious plan for the country’s ETS expansion to weigh on market prices.
Read MoreChina seeks voluntary carbon methodology proposals under CCER programme
China has issued a call for proposals to add new carbon methodologies to the country’s national voluntary programme.
Read MoreBRIEFING: Philippines to provide clarity on forest carbon investment by mid-year
The Philippines is aiming to provide more clarity by mid-year on how investors can utilise the country’s forest lands to create carbon credits, a webinar heard Thursday.
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