CN Markets: CEAs extend all-time high, weekly trading volume surges

Published 11:00 on November 8, 2024  /  Last updated at 11:00 on November 8, 2024  / /  Asia Pacific, China

Prices in China’s national emissions market hit a fresh all-time high again the past week while trading volume surged, buoyed by growing compliance demand, though a newly introduced carryover policy may complicate the price growth outlook.

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BRIEFING: EU’s CBAM brings uncertainty to Chinese exporters, despite planned carbon market expansion

Published 09:59 on November 8, 2024  /  Last updated at 09:59 on November 8, 2024  / /  Asia Pacific, CBAM, China

The emergence of carbon border adjustment mechanisms (CBAM) has created a heightened sense of uncertainty among Chinese exporters, despite China’s recent policy progress in expanding its mandatory carbon market, analysts said this week.

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China’s Hubei to promote inclusive offset programme, forest carbon sinks

Published 06:27 on November 7, 2024  /  Last updated at 06:27 on November 7, 2024  / /  Asia Pacific, China

China’s Hubei province has announced plans to push forward a local carbon offset programme and encourage the development of forest carbon projects within the region.

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Indian carbon project developer taps into the US market, targets aviation sector

Published 09:17 on November 6, 2024  /  Last updated at 09:17 on November 6, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, Other APAC, US, Voluntary

An India-based carbon credit developer and supplier has teamed up with a local partner to tap into the US market, targeting potential clients from the aviation sector.

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Japanese carbon project developer to expand business to Cambodia

Published 10:49 on November 5, 2024  /  Last updated at 10:49 on November 5, 2024  / /  Asia Pacific, Japan, Other APAC, Voluntary

A Japanese carbon project developer has teamed up with two local partners based in Cambodia to promote an increasingly popular rice-focused methodology, as it aims to tap into the Southeast Asian country’s voluntary market.

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Japanese bank buys minority stake in climate-focused investment firm

Published 07:44 on November 5, 2024  /  Last updated at 10:48 on November 5, 2024  / /  Asia Pacific, EMEA, Japan, Voluntary

One of the largest banks in Japan will invest $20 million to take a minority equity stake in a London-based climate investment and advisory firm, the companies announced Tuesday.

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INTERVIEW: Taiwan sees emerging demand for nature-based credits from tech sector

Published 10:47 on November 4, 2024  /  Last updated at 10:47 on November 4, 2024  / /  Asia Pacific, Other APAC, Voluntary

Taiwan’s fledgling voluntary carbon market has seen emerging demand for nature-based credits, particularly from the tech sector, an executive at a government-backed exchange has told Carbon Pulse.

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CN Markets: CEAs break new record again, prices likely above $14 until year end

Published 11:08 on November 1, 2024  /  Last updated at 03:10 on November 4, 2024  / /  Asia Pacific, China

Chinese carbon prices hit record highs again over the past week as the year-end compliance deadline draws near, with analysts expecting prices to stay well above the 100 yuan ($14.04) level throughout the rest of the year.

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Macao opens international carbon exchange

Published 07:45 on October 31, 2024  /  Last updated at 07:45 on October 31, 2024  / /  Asia Pacific, China, Voluntary

Macao this week unveiled a voluntary carbon exchange backed by a leading Chinese private equity firm, which aims to help China link up with international markets.

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Beijing to auction off 1 mln carbon permits under local ETS as compliance deadline draws near

Published 05:39 on October 31, 2024  /  Last updated at 05:39 on October 31, 2024  / /  Asia Pacific, China

The Beijing municipal government will auction one million carbon allowances under its pilot emissions trading scheme in November, with a price floor for the sale to be set later.

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