# Asia Carbon Desk

> Asia's carbon markets, in data. Country and scheme data pages with official sources and check dates.

## Data pages

- [Australia — Safeguard Mechanism and Australian carbon credit units (ACCUs)](https://asiacarbondesk.com/australia-safeguard-mechanism.md): Facilities emitting more than 100,000 tCO2e a year are covered: 208 in 2024–25, with 132.8 Mt of covered emissions, or 29.9% of Australia's total.
- [China — National carbon emissions trading market and CCER](https://asiacarbondesk.com/china-national-ets.md): The national ETS opened on 16 July 2021 and closed its first year at CNY 54.22 per tonne. Allowances closed 2025 at CNY 74.63 and stood at CNY 97.90 at the end of August 2026.
- [Hong Kong — HKEX Core Climate voluntary carbon marketplace](https://asiacarbondesk.com/hong-kong-core-climate.md): Hong Kong has no emissions trading scheme or carbon tax; in 2018 the Government said it was not yet in a position to set up its own carbon trading market, and in March 2022 it backed a voluntary, on-exchange market instead.
- [India — Carbon Credit Trading Scheme and the Indian Carbon Market](https://asiacarbondesk.com/india-ccts.md): The Carbon Credit Trading Scheme was notified on 28 June 2023. It sets each obligated plant a greenhouse gas emission intensity target in tCO2e per tonne of product, against a 2023-24 baseline, for the compliance years 2025-26 and 2026-27.
- [Indonesia — IDXCarbon (carbon exchange)](https://asiacarbondesk.com/indonesia-idxcarbon.md): IDXCarbon launched on 26 September 2023 under an OJK licence; the Indonesia Stock Exchange operates it and OJK supervises it.
- [Japan — GX-ETS (mandatory emissions trading)](https://asiacarbondesk.com/japan-gx-ets.md): Japan's mandatory ETS began in FY2026 (April 2026) and covers companies with direct CO2 emissions of 100,000 t or more — about 300–400 companies, nearly 60% of national greenhouse gas emissions.
- [South Korea — Korea Emissions Trading Scheme (K-ETS)](https://asiacarbondesk.com/korea-k-ets.md): Phase 4 (2026–2030) has a cap of 2,537.30 Mt on a linear path, and 2,362.99 Mt was allocated in advance to 772 companies on 29 December 2025: 795.75 Mt to 59 power companies and 1,567.24 Mt to 713 others.
- [Singapore — Carbon tax and international carbon credit allowance](https://asiacarbondesk.com/singapore-carbon-tax.md): The carbon tax is S$45 per tonne CO2e for 2026 and 2027, up from S$25 in 2024–25 and S$5 in 2019–23; the Government aims for S$50–80 by 2030.
- [Taiwan — Carbon fee under the Climate Change Response Act](https://asiacarbondesk.com/taiwan-carbon-fee.md): Plants in power, gas supply and manufacturing whose direct plus electricity emissions reach 25,000 tCO2e a year pay NT$300 per tonne; plants with an approved voluntary reduction plan that meet their targets pay NT$50 or NT$100.
- [Thailand — Carbon price in fuel excise, T-VER credits and the draft Climate Change Act](https://asiacarbondesk.com/thailand-carbon-pricing.md): Thailand prices carbon at THB 200 per tCO2e inside the excise tax on fuels, under an Excise Department notification issued on 28 March 2025; the carbon part is THB 0.447 per litre of gasoline and THB 0.548 per litre of diesel.
- [Vietnam — Pilot carbon market: emission caps, allocation and the HNX carbon exchange](https://asiacarbondesk.com/vietnam-carbon-market-pilot.md): The Prime Minister set pilot caps of 243,082,392 tCO2e for 2025 and 268,391,454 tCO2e for 2026, for 34 thermal power plants, 25 steel and 51 cement facilities.

## News

- [Taiwan drafts rules to recognise foreign credits from 2021 or later for up to 5% of carbon fee emissions](https://asiacarbondesk.com/news/20261114-tw-foreign-credit-recognition-draft.md) (2026-11-14)
- [Taiwan puts 2025 net emissions 8.7% below 2005 as it reports four straight years of decline](https://asiacarbondesk.com/news/20261114-tw-net-emissions-decline-cop31.md) (2026-11-14)
- [China adds 2 forestry CCER methodologies and revises 2 others between 10 October and 9 November 2026](https://asiacarbondesk.com/news/20261112-cn-ccer-forestry-methodologies.md) (2026-11-12)
- [Thailand's Council of State reaches penalty provisions in week 26 of its review of the draft Climate Change Act](https://asiacarbondesk.com/news/20261112-th-climate-act-review-week26.md) (2026-11-12)
- [Thailand's TGO says ICAO has approved Premium T-VER to supply CORSIA credits for 2027-2029](https://asiacarbondesk.com/news/20261112-th-icao-premium-tver-corsia.md) (2026-11-12)
- [Australia puts the interim Safeguard unit price for 2026-27 at A$38.47 after the September quarter](https://asiacarbondesk.com/news/20261112-au-safeguard-unit-price-estimate.md) (2026-11-12)
- [Australia adds a second Nature Repair Market method as registered biodiversity projects reach four](https://asiacarbondesk.com/news/20261112-au-nature-repair-second-method.md) (2026-11-12)
- [METI proposes letting GX-ETS firms bank surplus allowances up to 15% of a year's allocation](https://asiacarbondesk.com/news/20261112-jp-ets-banking-limit-proposal.md) (2026-11-12)
- [India's energy efficiency bureau proposes monthly carbon credit trading on the last Thursday, with a two-hour bidding window](https://asiacarbondesk.com/news/20261112-in-ccc-trading-procedure-draft.md) (2026-11-12)
- [China opens consultation on 11 draft CCER methodologies, from battery storage to green ammonia and waste-oil biodiesel](https://asiacarbondesk.com/news/20261112-cn-ccer-draft-methodologies-consultation.md) (2026-11-12)
- [Australia issued a record 8.24 million ACCUs in the September quarter of 2026](https://asiacarbondesk.com/news/20261112-au-accu-issuance-q3-record.md) (2026-11-12)
- [Singapore and Mongolia open carbon project applications from 30 October with 49 eligible methodologies](https://asiacarbondesk.com/news/20261112-sg-mongolia-call.md) (2026-11-12)
- [Thailand's T-VER registers a record 101 projects in fiscal 2026 and issues 4.36 million tCO2e](https://asiacarbondesk.com/news/20261112-th-tver-fy2026-record-registrations.md) (2026-11-12)
- [Indonesia approves 238,281 tCO2e of carbon units for Bujang Raba, its first social forestry carbon landscape](https://asiacarbondesk.com/news/20261112-id-bujang-raba-forest-credits.md) (2026-11-12)
- [Japan's ETS panel weighs a three-month trigger for its allowance price ceiling and floor](https://asiacarbondesk.com/news/20261112-jp-ets-price-corridor-triggers.md) (2026-11-12)
- [Korea's provisional 2025 greenhouse gas emissions fall 0.9% to 685.71 Mt](https://asiacarbondesk.com/news/20261112-kr-2025-provisional-emissions.md) (2026-11-12)
- [India's energy efficiency bureau shortlists two more applicants to verify carbon credits under the CCTS](https://asiacarbondesk.com/news/20261112-in-acv-verifier-applicants.md) (2026-11-12)
- [Hong Kong's first Five-Year Plan makes carbon intensity and a 30% zero-carbon power share binding 2030 indicators](https://asiacarbondesk.com/news/20261112-hk-five-year-plan-carbon-targets.md) (2026-11-12)
- [China's national ETS closed August 2026 at CNY 97.90 per tonne, up 31.18% on end-2025, MEE report shows](https://asiacarbondesk.com/news/20261112-cn-ets-report-2026-trading.md) (2026-11-12)
- [Singapore lets unused 2025 carbon-credit quota roll into 2026, scaled by 25/45](https://asiacarbondesk.com/news/20261112-sg-icc-rollover.md) (2026-11-12)
- [Singapore's carbon tax is S$45 a tonne for 2026 and 2027, up from S$25](https://asiacarbondesk.com/news/20261112-sg-tax-45.md) (2026-11-12)

## Data

- [data.json](https://asiacarbondesk.com/data.json)
- [data.csv](https://asiacarbondesk.com/data.csv)
- [Full text](https://asiacarbondesk.com/llms-full.txt)
- [RSS](https://asiacarbondesk.com/rss.xml)