News - Asia Pacific

Australia: Labor, Greens strike climate deal

Australia will work towards setting a price on carbon if Labor maintains power.

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ADB launches clean energy bond

The Asian Development Bank has launched a clean energy bond targeted at Japanese retailers.

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Japan unveils ETS design details

Japan has unveiled a draft outline of a mandatory greenhouse gas (GHG) emissions trading scheme.

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Japan shifts offset spending into bilaterals

Japan will cut funding for Kyoto-based CO2 credits, while boosting spending on bilateral schemes.

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Japan to outline draft ETS rules Tuesday

Japan’s Environment Ministry will publish draft carbon trading rules Tuesday, an official said.

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China, Japan to develop bilateral crediting mechanism

China and Japan have agreed to develop a carbon crediting mechanism bypassing the UN.

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Sumitomo, Datang tie up on carbon projects

Japan’s Sumitomo and China Datang Corporation have signed a deal to cooperate on carbon projects.

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Pakistan’s largest CDM project unharmed by floods

The largest CDM project in Pakistan has been unharmed by floods while others see minimal impact.

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Australia’s voluntary market paralysed

The voluntary market risks extinction unless the government improves the rules, developers say.

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Chongqing makes carbon intensity pledge

China’s Chongqing has pledged to cut its carbon intensity at least 40 per cent by 2020.

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NZ market eyes forward trades

The focus is increasingly shifting from spot to forward trading in New Zealand’s carbon market.

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Australian territory to cut emissions 40%

The Australian Capital Territory today pledged to reduce carbon emissions 40 per cent by 2020.

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China to ramp up hydro capacity

China will boost its hydro capacity by some 50 per cent the next five years, an official said.

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CarbonDesk forms CDM link with Indian bank

Brokerage CarbonDesk has partnered with India’s Yes Bank to develop CDM projects in the country.

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UN carbon funding key for China coal developers: Reuters

A UN ruling has caused fears about CDM eligibility among clean-coal developers, Reuters wrote.

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