Korean power supplier secures government-backed Article 6 biofuel conversion project in Uzbekistan

Published 04:37 on July 3, 2024  /  Last updated at 04:37 on July 3, 2024  / /  Asia Pacific, International, Other APAC, Paris Article 6, South Korea

A South Korean power company has secured a government-backed international carbon project in Uzbekistan, as part of Seoul’s efforts to obtain Paris-aligned carbon credits through expanding partnerships in Central Asia.

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South Korea, Vietnam establish joint committee on climate change cooperation

Published 06:31 on July 2, 2024  /  Last updated at 06:31 on July 2, 2024  / /  Asia Pacific, Other APAC, Paris Article 6, South Korea

South Korea and Vietnam have established a joint committee to foster collaboration on climate change as they move to deepen their relationship on issues such as compliance carbon markets and projects generating credits under Article 6 of the Paris Agreement.

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Korean securities firm secures Paris-aligned water purification project in Ghana

Published 07:34 on July 1, 2024  /  Last updated at 07:34 on July 1, 2024  / /  Africa, Asia Pacific, EMEA, Other APAC, Paris Article 6, South Korea

A South Korean securities firm is aiming to expand its carbon finance business through participation in a government-backed international greenhouse gas reduction project, which can generate Paris-aligned carbon credits.

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South Korea to prepare infrastructure for consignment emissions trading

Published 10:49 on June 25, 2024  /  Last updated at 10:49 on June 25, 2024  / /  Asia Pacific, South Korea

South Korea’s environment ministry is teaming up with the country’s major stock exchange to establish a consignment transaction system for the domestic emissions market. 

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Korean tech firm, Japanese exchange operator partner to accelerate Asian voluntary carbon market

Published 04:00 on June 25, 2024  /  Last updated at 04:00 on June 25, 2024  / /  Asia Pacific, Japan, South Korea, Voluntary

The tech arm of a South Korean conglomerate has partnered with a Japanese carbon exchange operator to drive expansion of voluntary carbon trading across Asia, they announced Tuesday.

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South Korea secures Article 6 partnerships with Cambodia and Bangladesh, holds talks with several others

Published 07:11 on June 24, 2024  /  Last updated at 09:10 on June 24, 2024  / /  Asia Pacific, International, Other APAC, Paris Article 6, South Korea

South Korea’s trade ministry will this week sign Article 6 partnership with Cambodia and Bangladesh during discussions with representatives from seven countries for further cooperation in establishing international emissions reduction projects aligned with the Paris Agreement.

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South Korea to deepen Paris partnership with Vietnam

Published 10:37 on June 21, 2024  /  Last updated at 10:39 on June 21, 2024  / /  Asia Pacific, International, Other APAC, Paris Article 6, South Korea

South Korea and Vietnam have decided to strengthen their cooperation on climate change, with the development of pilot Article 6 projects at the top of the agenda. 

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South Korea releases national biogas development strategy

Published 09:20 on June 21, 2024  /  Last updated at 09:20 on June 21, 2024  / /  Asia Pacific, South Korea

South Korea has rolled out a national strategy for the development of the biogas sector, a move it says can help cut millions tonnes of CO2e emissions over the coming years.

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South Korea to launch CCU ‘mega project’ to assist industrial decarbonisation drive

Published 12:39 on June 19, 2024  /  Last updated at 12:39 on June 19, 2024  / /  Asia Pacific, South Korea, Voluntary

South Korea plans to roll out carbon capture and utilisation (CCU) technology across industrial facilities in what the government has dubbed a “mega project”, designed to help decarbonise country’s biggest-emitting industries and reach its greenhouse gas emissions reduction goals.

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CDP climate disclosures rising, but full transparency still a challenge

Published 00:01 on June 19, 2024  /  Last updated at 10:58 on June 19, 2024  / /  Americas, Asia Pacific, Canada, EMEA, International, South Korea, Voluntary

A quarter of companies disclosed climate transition plans in line with a 1.5C limit in 2023, up by 44% compared to the previous year, climate disclosure non-profit CDP announced Wednesday.

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