CN Markets: CEAs extend all-time high, weekly trading volume surges
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.
Read MoreBRIEFING: EU’s CBAM brings uncertainty to Chinese exporters, despite planned carbon market expansion
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.
Read MoreChina’s Hubei to promote inclusive offset programme, forest carbon sinks
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.
Read MoreIndian carbon project developer taps into the US market, targets aviation sector
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.
Read MoreJapanese carbon project developer to expand business to Cambodia
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.
Read MoreJapanese bank buys minority stake in climate-focused investment firm
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.
Read MoreINTERVIEW: Taiwan sees emerging demand for nature-based credits from tech sector
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.
Read MoreCN Markets: CEAs break new record again, prices likely above $14 until year end
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.
Read MoreMacao opens international carbon exchange
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.
Read MoreBeijing to auction off 1 mln carbon permits under local ETS as compliance deadline draws near
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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