Macao carbon exchange launches spot contracts for CCP-labelled credits
Macao International Carbon Emission Exchange (MEX) has listed spot contracts for Core Carbon Principles (CCP)-labelled credits, it announced Monday.
Read MoreMongolia passes first climate change law
Mongolia’s parliament has passed the country’s inaugural law on climate change, creating a legal framework to curb emissions, build climate resilience, and advance the carbon market.
Read MoreCN Markets: CEA trading volumes remain strong, prices hold near RMB 85
Trading volumes in China’s national emissions market held above 3 million units over the past week amid a supply boost, while analysts expected a gradual price recovery in the coming months.
Read MoreThe Philippines launches first policy framework for nature-based solutions
The Philippines has launched its first-ever national nature-based solutions (NbS) policy framework and catalogue, as the Southeast Asian country seeks to unlock more investment.
Read MoreINTERVIEW: Korean securities firm eyes potential in growing CORSIA market, secures its first procurement contract
A major securities firm in South Korea has facilitated the country’s first CORSIA-eligible emission unit (EEU) purchase agreement for a domestic airline, signalling its strategic push to expand its presence in the emerging compliance market for the aviation industry, a manager at the company told Carbon Pulse.
Read MoreSouth Korea’s carbon prices trail OECD peers despite extensive policy framework
South Korea’s effective carbon rates remain low compared to its OECD peers, despite the implementation of broad policy instruments, according to a new report.
Read MoreBRIEFING: Taiwan targets pilot ETS launch by 2028, but key policy details remain undecided
Taiwan is targeting the launch of a pilot cap-and-trade emissions trading scheme as early as 2028, but key policy aspects like the role of power plants in the scheme remain under discussion, a forum heard Tuesday.
Read MoreSouth Korea releases first national ecosystem assessment report
South Korea on Monday published the country’s first national ecosystem assessment report, reiterating the need for proactive policies to preserve biodiversity.
Read MoreCN Markets: CEAs touch five-week high, trading volumes remain robust
Prices in China’s national emissions market over the past week climbed to a five-week high amid fresh climate policy updates, while the voluntary market continued to see a narrowing offset premium.
Read MoreChina outlines 2030 targets for energy system transformation
China has outlined its roadmap for energy system transformation by 2030, balancing a rapid scaling of renewables with a strategic reliance on coal.
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