News
News
August 09, 2022
Voluntary carbon market worth $2 billion now
The voluntary carbon market (VCM) now has a real worth of $2 billion, with prices of up to 170 forms of carbon credits on the rise, according to a recent Ecosystem Marketplace (EM) report.
July 19, 2022China’s carbon market trading hits 194m tonnes in one year, becoming world’s largest
The trading volume of China’s national carbon market hit 194 million tonnes, with a cumulative turnover of 8.49 billion yuan (US$1.26 billion), since its launch on July 16, 2021, the data released by Shanghai Environmental and Energy Exchange showed.
July 06, 2022Hong Kong exchange to set up international carbon market with HSBC, Tencent
The Hong Kong Exchanges and Clearing Ltd (HKEX) announced on Monday that it has teamed up with major corporations and financial institutions such as HSBC and Tencent to create an international carbon market.
June 23, 2022EU’s historic carbon market overhaul gets green light from lawmakers
The European Parliament on Wednesday endorsed the long-anticipated carbon market reforms, easing worries that Europe’s climate actions might be delayed after legislators rejected the proposals in a first vote earlier this month.