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The report calls for a phased reduction in international credit use within K-ETS, increased focus on domestic emission reductions, and alignment with best practices from systems like the EU ETS. Strengthening the environmental integrity of K-ETS is essential to achieving South Korea’s climate goals and ensuring the global credibility of the country’s climate action by putting in place and implementing robust and effective policies.
Analysis of the available documents has found that PoA 10415, over the monitoring periods 5, 6 and 7, is likely set to issue 27.4 more credits than it should have according to available literature.
This briefing delves deeper into how biodiversity is being handled in the carbon farming methodologies, with a particular focus on agriculture.
This event discusses the impact of the EU ETS2 – the EU’s new emissions trading scheme that applies carbon pricing to buildings and road transport – on citizens and households, raising questions about fairness and revenue distribution.
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