BRIEFING: China lays out plan for ETS expansion, adds three sectors to national emissions market
China has finalised a work plan to officially incorporate steel, aluminium, and cement production into the national CO2 emissions trading system.
Read MoreMOL secures ocean carbon removal credits from US startup
Japanese shipping giant Mitsui OSK Lines (MOL) has secured carbon removal credits from a California-based startup developing direct ocean capture (DOC) technology, a move to support its 2050 net zero target and diversify its project portfolio.
Read MoreNew Forests partners with Japanese papermaker to build new forestry fund
Global forestry investment manager New Forests has partnered with one of Japan’s largest paper and pulp producers to establish a fund dedicated to forest investments.
Read MoreChinese exchanges explore CCER-linked financial products
Exchanges in China are exploring innovative financial products linked to carbon credits issued under the national voluntary programme, amid rising interest in project investment across the country.
Read MoreJapanese beverage group outlines strategy for carbon credit purchases, development
A Tokyo-listed beverage group has formulated a carbon credit purchase and development policy that prioritises offsets from forestry and sustainable agriculture projects.
Read MoreCN Markets: CEAs dip marginally as CCERs get all the attention
Permit prices in China’s national emissions market fell slightly this week with the closing price remaining below the 90-yuan mark for the third consecutive week, while the CCER market saw continued interest amid fresh supply.
Read MoreJapan to build digital MRV system for J-Credits from solar-based offset generation
Four Japanese companies have been selected to help advance a digital monitoring, reporting, and verification (MRV) system for the country’s carbon offset programme.
Read MoreTaiwan adds soil carbon methodology to domestic voluntary scheme
Taiwan’s environment ministry on Thursday approved a methodology that aims to create carbon sinks through soil management activities, expanding the number of domestically developed nature-based offset methodologies to five.
Read MoreKorea to fund international emissions reduction projects
South Korea has put out its annual call for proposals that could advance the development of international emissions reduction projects.
Read MoreANALYSIS: JCM supply outlook clouded by project development uncertainties, despite solid demand
Japan has pledged to utilise the bilateral Joint Crediting Mechanism (JCM) for its climate ambitions, but the lengthy project development process and changes in the international institutional environment have raised doubts over the programme’s ability to generate a sufficient amount of credits, according to observers.
Read More