15 buyers from various industries including banking purchased a total of 150,000 Verra-registered carbon credits in the inaugural auction.
March 17, 2023A handbook on generating carbon credits will be developed, as well as a directory of carbon industry service providers to facilitate collaboration.
February 21, 2023FSDC paper discusses key considerations that would be conducive to the development of Hong Kong's VCM ecosystem.
February 7, 2023The project was commissioned by METI in September last year to demonstrate the technical feasibility of a carbon credits market.
February 1, 2023New paper from the World Economic Forum and Bain & Company calls for "decisive action" to scale up VCMs and ensure they serve the promised environmental and societal benefits.
January 25, 2023Australia's Climate Council said the review "ignores the elephant in the room", namely that too many major emitters are buying ACCUs so they can "continue to pollute as usual".
January 10, 2023Only 44 million tonnes of carbon allowances were traded during 2022, down from 179 million tonnes in 2021, though the market has now exceeded CNY 10 billion in cumulative turnover.
December 30, 2022The 2022 GHG Market Report features carbon market reforms underway in the EU, Korea, Japan and China, among other markets.
December 29, 2022A compliance market and voluntary market will be set up, along with a stabilisation fund to support prices of carbon credits.
December 29, 2022SEBI is planning to simplify its BRSR framework to take into account local market conditions, mandate ESG audits, and regulate ESG rating providers.
December 7, 2022