Latest news on Asia's carbon markets
Reports on carbon pricing and credit markets across Asia, drawn from official announcements and set against the figures in our data book.
All · Policy and institutions · Markets and prices · Credits and projects · Company news · Data book
- 12 Nov 2026
TaiwanTaiwan drafts rules to recognise foreign credits from 2021 or later for up to 5% of carbon fee emissionsOn 12 November 2026, Taiwan's Ministry of Environment (MOENV) pre-announced draft rules for recognising foreign emission reduction credits.
- 11 Nov 2026
TaiwanTaiwan puts 2025 net emissions 8.7% below 2005 as it reports four straight years of declineTaiwan's Ministry of Environment (MOENV) estimates that national net greenhouse gas emissions in 2025 were 8.7% below the 2005 base year.
- 9 Nov 2026
ChinaChina adds 2 forestry CCER methodologies and revises 2 others between 10 October and 9 November 2026China's Ministry of Ecology and Environment and the National Forestry and Grassland Administration published 2 new CCER forestry methodologies on 9 November 2026.
- 7 Nov 2026
ThailandThailand's Council of State reaches penalty provisions in week 26 of its review of the draft Climate Change ActIn an update posted on 7 November 2026, DCCE reported that the Council of State committee had finished chapter 12 on adaptation in week 26 of its review of the draft Climate Change Act.
- 5 Nov 2026
ThailandThailand's TGO says ICAO has approved Premium T-VER to supply CORSIA credits for 2027-2029TGO says ICAO approved Premium T-VER, the higher tier of Thailand's T-VER programme, on 5 November 2026 as a source of eligible units for CORSIA's second phase, 2027-2029; ICAO's own list had not been updated by 12 November.
- 2 Nov 2026
AustraliaAustralia puts the interim Safeguard unit price for 2026-27 at A$38.47 after the September quarterAustralia's climate department has published an interim Safeguard Mechanism unit price of A$38.47 for the 2026-27 financial year, based on the September quarter of 2026.
- 30 Oct 2026
AustraliaAustralia adds a second Nature Repair Market method as registered biodiversity projects reach fourAustralia's Clean Energy Regulator announced on 30 October 2026 a second method under the Nature Repair Market, covering the enhancement and maintenance of native vegetation.
- 27 Oct 2026
JapanMETI proposes letting GX-ETS firms bank surplus allowances up to 15% of a year's allocationOn 27 October 2026, METI proposed that companies in the GX-ETS keep banked surplus only up to 15% of their allocation two years earlier.
- 19 Oct 2026
IndiaIndia's energy efficiency bureau proposes monthly carbon credit trading on the last Thursday, with a two-hour bidding windowIndia's Bureau of Energy Efficiency published a draft procedure on 19 October 2026 for trading Carbon Credit Certificates on power exchanges.
- 16 Oct 2026
ChinaChina opens consultation on 11 draft CCER methodologies, from battery storage to green ammonia and waste-oil biodieselChina's Ministry of Ecology and Environment posted 2 consultation letters covering 11 draft CCER methodologies on 16 October 2026.
- 15 Oct 2026
AustraliaAustralia issued a record 8.24 million ACCUs in the September quarter of 2026Australia's Clean Energy Regulator issued 8,243,260 Australian carbon credit units (ACCUs) in July to September 2026, the largest quarterly total in its data series.
- 8 Oct 2026
SingaporeSingapore and Mongolia open carbon project applications from 30 October with 49 eligible methodologiesSingapore and Mongolia announced on 8 October 2026 that project applications under their carbon credit agreement open on 30 October.
- 30 Sep 2026
ThailandThailand's T-VER registers a record 101 projects in fiscal 2026 and issues 4.36 million tCO2eTGO's registry shows 101 Standard T-VER projects registered in fiscal 2026, which ended on 30 September 2026, the most in any year since registrations began in fiscal 2014.
- 28 Sep 2026
IndonesiaIndonesia approves 238,281 tCO2e of carbon units for Bujang Raba, its first social forestry carbon landscapeIndonesia's Ministry of Forestry has approved the issuance of 238,281 tCO2e of carbon units for the Bujang Raba landscape in Jambi.
- 25 Sep 2026
JapanJapan's ETS panel weighs a three-month trigger for its allowance price ceiling and floorOn 25 September 2026, METI put a draft design for the GX-ETS price ceiling and floor measures to its emissions trading subcommittee.
- 20 Sep 2026
S. KoreaKorea's provisional 2025 greenhouse gas emissions fall 0.9% to 685.71 MtKorea's Ministry of Climate, Energy and Environment put total 2025 greenhouse gas emissions at 685.71 Mt in a provisional estimate released on 20 September 2026.
- 18 Sep 2026
IndiaIndia's energy efficiency bureau shortlists two more applicants to verify carbon credits under the CCTSIndia's Bureau of Energy Efficiency on 18 September 2026 sought public comments on two applicants for accreditation as Accredited Carbon Verification agencies.
- 16 Sep 2026
Hong KongHong Kong's first Five-Year Plan makes carbon intensity and a 30% zero-carbon power share binding 2030 indicatorsHong Kong published its First Five-Year Plan for 2026-2030 on 16 September 2026, with 105 indicators, 22 of them major indicators.
- 15 Sep 2026
ChinaChina's national ETS closed August 2026 at CNY 97.90 per tonne, up 31.18% on end-2025, MEE report showsChina's Ministry of Ecology and Environment released its 2026 national carbon market report on 15 September 2026.
- 19 Aug 2026
SingaporeSingapore lets unused 2025 carbon-credit quota roll into 2026, scaled by 25/45Taxable facilities in Singapore may carry unused 2025 international carbon credit quota into emissions year 2026.
- 1 Jan 2026
SingaporeSingapore's carbon tax is S$45 a tonne for 2026 and 2027, up from S$25Singapore's carbon tax has been S$45 per tonne of CO2e since 1 January 2026, up 80% from S$25 in 2024 and 2025.
Small photos, credited:
- Taiwan: Debjyoti Bardhan, CC BY 2.0, Wikimedia Commons
- China: King of Hearts, CC BY-SA 4.0, Wikimedia Commons
- Thailand: Piyatad, CC BY-SA 3.0, Wikimedia Commons
- Australia: Karora, Public domain, Wikimedia Commons
- Japan: David Kernan, CC BY 4.0, Wikimedia Commons
- India: iMahesh, CC BY-SA 4.0, Wikimedia Commons
- Singapore: Diego Delso, CC BY-SA 4.0, Wikimedia Commons
- Indonesia: Pinerineks, CC BY-SA 4.0, Wikimedia Commons
- S. Korea: SpaceshipMe, CC0 1.0, Wikimedia Commons
- Hong Kong: Diego Delso, CC BY-SA 3.0, Wikimedia Commons
