Asian economies are accelerating the development of carbon pricing systems as a central tool to drive decarbonisation. With the region responsible for around half of global emissions, these frameworks will be decisive for global climate action. However, carbon pricing is advancing unevenly across the region. Japan and South Korea already operate large-scale systems covering 60% and 79% of national emissions, respectively, while Vietnam, Indonesia, and the Philippines are still in the early stages of designing and piloting carbon pricing instruments.
강제적 탄소 가격제(Mandatory Carbon Pricing)는 전 세계적 으로 배출권거래제(Emissions Trading Scheme, ETS)와 탄소세라는 두 가지 주요 체계를 통해 시행된다.
This briefing outlines the key design features that must be considered for carbon pricing systems to deliver real climate benefits while supporting people and communities.
The higher carbon prices on the EU’s Emissions Trading System (EU ETS) of the last three months have caused cross-sectoral concern. Many are placing unsubstantiated blame on speculative trading. But with speculation a minor problem at best, is flooding the market with more carbon allowances a solution or a dangerously reckless move? In the EU, …
Read more “Higher carbon prices: Is speculation truly to blame?”
Read the guide in Spanish Update 1 July: Verra published a statement in response to this report, questioning its findings and accusing it of using flawed methodologies. Our response to Verra is available here. Executive summary The Colombian government adopted a carbon tax of approximately US$5/tCO2e covering fossil fuels in 2016. Companies can avoid paying …
Read more “Two Shades of Green: How hot air forest credits are being used to avoid carbon taxes in Colombia”
27 April 2021 – The shipping industry’s leading global lobby group the International Chamber of Shipping (ICS) last week ended its years-long opposition to carbon pricing. It is imperative now that ICS and other sponsors should withdraw their IMRB proposal to allow time for discussion on carbon pricing, and support the far more serious and …
Read more “Shipping industry U-turn on carbon pricing long overdue”
A global shipping pollution price on the horizon As other industries have started paying for their pollution, the maritime sector has been let off the hook. Without urgent action, its emissions are set to rise well into the next decade. This trend goes against the Paris Agreement climate targets and the UN shipping agency’s IMO’s …
Read more “Carbon Market Watch Newsletter – March 2021”
Introduction Discussions and negotiations on carbon pricing for the international maritime sector are starting to pick up steam again at the International Maritime Organisation (IMO). This is an opportunity to finally get urgently needed, meaningful global climate regulation for this international sector. The maritime sector is the last emitting sector globally not to be covered …
Read more “Sailing towards a global carbon price in the maritime industry?”
A worldwide shipping carbon pricing scheme must reduce pollution fast, finance technologies that reduce more emissions, and support countries most impacted by climate change. It must not include offsetting nor be allowed to weaken national or regional measures. The global shipping sector is still not paying for the climate damage it is causing. While carbon …
Read more “A global pollution price for ships is back on the agenda – here’s how to get it right”
