Duo seeks to slash livestock farming emissions with seaweed additives in Japan

Published 11:30 on September 30, 2024  /  Last updated at 11:30 on September 30, 2024  / /  Asia Pacific, Australia, Japan, Nature-based, Voluntary

A Tokyo-based microalgae solution provider has teamed up with an Australian company to promote seaweed-added feed additives, in the hope of decarbonising Japan’s livestock sector.

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ANALYSIS: China steel sector braces for carbon market, capacity policies

Published 10:47 on September 30, 2024  /  Last updated at 02:24 on October 3, 2024  / /  Asia Pacific, CBAM, China

The decarbonisation progress of China’s steel industry in the coming few years will likely hinge on recent regulatory developments, including the expansion of the national carbon market, according to experts.

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Taiwan releases voluntary guidelines to avoid corporate greenwashing

Published 11:11 on September 27, 2024  /  Last updated at 11:11 on September 27, 2024  / /  Asia Pacific, Other APAC, Voluntary

Taiwan’s environment ministry has released a set of operational guidelines for companies to declare carbon neutrality that includes the proper use of offsets, in the hope of avoiding corporate greenwashing.

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CN Markets: CEA price rebounds to 100 yuan level, trading activity picks up

Published 10:23 on September 27, 2024  /  Last updated at 10:23 on September 27, 2024  / /  Asia Pacific, China

The Chinese emissions market saw more fluctuations over the past week, with the permit price climbing back to the 100 yuan ($14.26) level amid growing compliance demand.

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China’s Chongqing introduces incentive mechanism for local ETS

Published 11:08 on September 26, 2024  /  Last updated at 11:08 on September 26, 2024  / /  Asia Pacific, China

China’s Chongqing has introduced an incentive mechanism to encourage companies regulated by the local emissions trading system to take more climate actions, as it released the 2023 allocation plan for the scheme.

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South Korea needs more proactive policies to drive down shipping emissions, NGO says

Published 09:03 on September 26, 2024  /  Last updated at 09:03 on September 26, 2024  / /  Asia Pacific, Shipping, South Korea

South Korea should implement more proactive measures, such as accelerating the shift towards greener fuels, to reach its emissions reduction targets for the shipping sector, an environmental group has urged. 

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Indonesia, Japan seek to promote mutual recognition of carbon trade

Published 08:20 on September 25, 2024  /  Last updated at 08:20 on September 25, 2024  / /  Asia Pacific, Japan, Other APAC, Paris Article 6

Indonesia and Japan are seeking to finalise an agreement that promotes mutual recognition of bilateral carbon trade this month, a move believed to be aligned with the Paris Agreement Article 6, according to a government official.

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Shanghai to auction off 2.8 mln carbon allowances under local scheme

Published 08:32 on September 24, 2024  /  Last updated at 08:32 on September 24, 2024  / /  Asia Pacific, China

The Shanghai government will auction off 2.8 million carbon allowances under the local emissions trading scheme a the end of this month to ensure regulated emitters can meet their compliance requirements.

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Taiwan sports good blue carbon potential, but more local datasets required, study says

Published 09:42 on September 23, 2024  /  Last updated at 10:03 on September 23, 2024  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

Marine-based carbon sinks have a great potential to contribute to Taiwan’s climate targets, though more action is needed to establish carbon removal datasets, a study has found.

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CN Markets: CEA price rebound to 90 yuan level, trading volumes increase

Published 11:21 on September 20, 2024  /  Last updated at 11:21 on September 20, 2024  / /  Asia Pacific, China

Chinese carbon allowance prices saw a modest recovery over the past week after the national holidays, with trading activity continuing to pick up ahead of the compliance deadline. 

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