South Korea launches public-private council for emissions reduction R&D projects
South Korea has launched a special council that allows the government and emissions-intensive industries to advance the research and development of climate solutions.
Read MoreChinese regulators reiterate support for domestic green certificate market
Chinese regulators on Tuesday issued a notice to support the development of the Green Electricity Certificate (GEC) market, as the country continues to enhance its growing renewables market.
Read MoreChina’s power system can achieve negative emissions by 2060, but long-term policy planning needed -research
China’s power system could achieve negative emissions of 550 million tonnes per year by 2060, but long-term policy planning is needed for large-scale technology deployment, according to a recent paper.
Read MoreJapanese project developer gets fresh funds for business expansion
A Tokyo-headquartered carbon project developer backed by one of Japan’s leading gas suppliers has secured fresh funds from domestic investors, it announced Monday.
Read MoreChina thermal power drops 5.8% in Jan-Feb, but coal production continues to grow
Thermal power generation in China declined in the first two months of 2025 despite continued coal production increase, while renewable power posted stable growth, government data showed Monday.
Read MoreCN Markets: CEAs move in narrow range, fresh CCERs drive price volatility
Chinese carbon permit prices remained in a narrow trading range over the past week with shrinking volumes, while trading of the first voluntary carbon credits issued in China since 2017 has caused significant fluctuations in price.
Read MoreJapan selects five JCM projects for subsidies
Japan’s environment ministry has decided to subsidise five international emissions reduction projects under the bilateral Joint Crediting Mechanism (JCM).
Read MoreTaiwan to create forest carbon credits from public lands
Taiwan has introduced a pilot zone for the creation of forest carbon credits, as the government seeks to promote a public-private cooperative model that can revitalise idle public lands while creating carbon sinks.
Read MoreSK Market: March CO2 auction oversubscribed, clears at 9,100 won
South Korea’s latest monthly CO2 permit auction on Wednesday was oversubscribed, though analysts remained cautious about the market outlook as more regulatory clarity may only be provided around mid-year.
Read MoreChina’s Guangdong cuts free allocation to industrial emitters under regional ETS
China’s Guangdong province will reduce the free allocation of CO2 permits to industrial emitters regulated under its emissions trading scheme, as it seeks to further strengthen the operation of the regional carbon market.
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