Global efforts to boost blue carbon ecosystems may come with heightened mercury risks, scientists warn

Published 00:59 on December 14, 2024  /  Last updated at 00:59 on December 14, 2024  /  Americas, Asia Pacific, China, EMEA, Nature-based, Voluntary

Expanding coastal ecosystems to fight climate change – so-called ‘blue carbon’ initiatives – could unintentionally increase global mercury pollution, posing a risk to human health and the environment, scientists warn.

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CN Markets: CEAs drop below 100 yuan, trading volumes surge

Published 11:19 on December 13, 2024  /  Last updated at 11:19 on December 13, 2024  / /  Asia Pacific, China

China’s national carbon market saw allowance prices drop below the 100-yuan ($13.74) mark over the past week amid selling pressure, but trading remained robust as emitters rushed to meet the end-of-month compliance deadline.

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China tightens emissions standards for coalbed methane

Published 07:40 on December 13, 2024  /  Last updated at 07:40 on December 13, 2024  / /  Asia Pacific, China

China has revamped its national emissions standards for coalbed methane, in the country’s latest attempt to curb methane output.

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Hong Kong govt advisors say two-way link with China crucial for carbon hub status

Published 16:09 on December 11, 2024  /  Last updated at 16:09 on December 11, 2024  / /  Asia Pacific, China, Other APAC, Voluntary

An advisory body to the Hong Kong government has outlined the main steps needed to establish itself as a major carbon trading hub, focusing on securing a position as a link between Mainland China and the global market.

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CN Markets: CEA price falls to two-month low, growth momentum may come later

Published 11:01 on December 6, 2024  /  Last updated at 11:01 on December 6, 2024  / /  Asia Pacific, China

Prices in China’s national emissions market hit a two-month low over the past week, though some expect it to recover later this month ahead of the Dec. 31 compliance deadline.

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China seeking comments on steel sector emissions accounting rules

Published 12:24 on December 5, 2024  /  Last updated at 12:29 on December 5, 2024  / /  Asia Pacific, China

China’s environment ministry is seeking comments on emissions accounting rules for domestic steelmakers, as the sector will soon be included in the national emissions trading scheme.

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Chinese emissions exchange launches carbon pledge services for local ETS

Published 10:09 on December 5, 2024  /  Last updated at 10:09 on December 5, 2024  / /  Asia Pacific, China

An exchange that supports one of China’s pilot carbon markets has unveiled an online financing service targeting carbon pledges in a latest attempt to explore innovative financial instruments.

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Chinese papermaker secures contracts to grow carbon project pipeline

Published 08:39 on December 4, 2024  /  Last updated at 08:39 on December 4, 2024  / /  Asia Pacific, China

A Shanghai-listed forestry and paper company is gearing up for the expansion of its nature-based carbon business in China, with several new projects in the pipeline. 

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Chinese conglomerate launches climate tech innovation programme

Published 12:34 on December 3, 2024  /  Last updated at 12:34 on December 3, 2024  / /  Asia Pacific, China, Voluntary

A Chinese tech major on Tuesday launched the second phase of its carbon accelerator programme, calling on proposals for low-carbon innovations globally, with the purpose of providing funding and support to the tune of tens of millions of dollars.

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China sees first registered voluntary carbon project since market relaunch

Published 10:44 on December 3, 2024  /  Last updated at 10:44 on December 3, 2024  / /  Asia Pacific, China

China has seen the registration of a first voluntary project under its national offset scheme since the market relaunched earlier this year, moving one step closer to the issuance of new credits.

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