Japan provides $93 bln to support global oil and gas projects over past decade, study says
Japanese public financial institutions provided a staggering $93 billion in support for overseas oil and gas projects over the last decade, four times larger than that provided for clean energy projects, a report has found.
Read MoreSouth Korea and Japan to launch global working group on carbon-free energy
South Korea and Japan have decided to extend their collaboration and launch a global working group on the development of carbon-free energy.
Read MoreIBAC introduces carbon offset marketplace for aviation companies
The International Business Aviation Council (IBAC) has introduced a new platform for aviation companies to purchase offsets through a renewed partnership with a voluntary carbon exchange.
Read MoreKorean city to build first commercial-scale green methanol plant in the country
A group of Korean companies have teamed up to develop a green methanol project that can turn a city known for abandoned coal mines into a new clean energy hub.
Read MoreKorean securities firm secures partnership for international mitigation projects
One of the largest securities firms in South Korea has decided to pursue international emissions reduction projects through a newly established partnership, it announced Wednesday.
Read MoreSouth Korea to expand participation and curb surplus in national ETS
South Korea is planning to extend participation and curb permit surplus in its emissions trading system, as the government seeks to reverse the dynamics in the struggling market.
Read MoreKorean steelmakers likely to bear $2.2 bln CBAM costs over next decade, lobby group says
A major South Korean business lobby is urging the government to actively support decarbonisation of the domestic steel industry, as the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM) could bring Korean steelmakers additional costs of 3 trillion won ($2.2 billion) over the next decade.
Read MoreChina sees first batch of CCER carbon projects open for public comment
China has listed the first batch of voluntary carbon projects under the national offset programme for public consultation, moving one step closer to the issuance of new credits.
Read MoreJapanese gas firm to invest $25 mln in carbon credit fund, eyes nature-based offsets
A major gas supplier in Japan has agreed to invest up to $25 million in an international climate fund that seeks to create a pipeline of nature-based carbon credits.
Read MoreCN Markets: CEA trading activity stable, CCER liquidity remains stagnant
China’s national carbon market saw its price mostly remain below the 90 yuan ($12.69) benchmark with stable liquidity, while the offset market continued to see low trading volumes as supply remains tight.
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