SK Markets: May auction oversubscribed, trading activity expected to pick up in coming months
South Korea’s latest monthly CO2 permit auction was oversubscribed, with analysts expecting trading activity to pick up in the coming months as clarity on market fundamentals improves.
Read MoreRegulator approves 40 projects for J-Credit scheme
Japan’s domestic J-Credit market has received a boost after the voluntary programme administration on Thursday said it has approved 40 projects capable of creating almost 13 million units over their lifetimes.
Read MoreVoluntary carbon markets fall short for nature projects, Australian govt initiative finds
The Australian government-backed Climate Resilient by Nature (CRxN) programme has found that voluntary carbon markets (VCMs) alone are insufficient to sustain or scale nature-based climate solutions, urging a shift toward more diversified financial models.
Read MoreHK-listed energy firm in push for building-sector carbon credits
A Hong Kong-listed energy service provider has tapped into the voluntary carbon market, with plans to create credits by reducing emissions in the building sector.
Read MoreIndian biochar startup sells 6,000 removal credits to German registry
An India-based biochar company on Thursday signed an agreement with a German registry to sell 6,000 carbon dioxide removal (CDR) credits from its upcoming biochar facility in Maharashtra.
Read MoreMalaysia to auction first domestic tech-based carbon credits in June
Malaysia’s Bursa Carbon Exchange (BCX) will conduct its first auction of locally generated, technology-based carbon credits in June, featuring 16,000 Verified Carbon Standard (VCS) units from a grouped biogas project targeting methane avoidance.
Read MoreAustralian ACCU market goes cold on national exchange idea, regulator says
The Clean Energy Regulator has noted “issues and challenges” raised by stakeholders on the idea of a proposed national carbon exchange, in response to feedback from a recent consultation.
Read MoreNZ government eyes native afforestation framework
The New Zealand government has put the call out seeking third-parties to develop a framework for native afforestation in the country.
Read MoreClean energy drives down China’s CO2 emissions for the first time, report says
Growth in China’s clean power generation has led to a decline in the country’s CO2 output, but changes in global trade dynamics and domestic renewables policy could complicate the emissions outlook, according to a report published Thursday.
Read MoreAn interconnected ASEAN grid would speed renewable uptake -think tank
Expanding grid interconnectedness across Southeast Asia could speed up the energy transition and offer hundreds of thousands of jobs, a report from a think tank said Thursday.
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