carbon markets Japan's Carbon Market Turns Mandatory, Pressuring Asia's Industrial Giants Japan's GX-ETS became mandatory for large emitters in FY2026, as China and South Korea tighten rival carbon pricing systems across the region.
carbon markets Asia Shifts From Voluntary Offsets to Compliance Carbon Markets as Cross-Border Credit Deals Multiply Across Asia, governments are moving from discretionary offset schemes toward mandatory emissions-pricing systems and Article 6 cross-border carbon credit deals, with integrity emerging as the defining concern of the region's market build-out.
carbon markets China Launches Carbon Trading Platform for Heavy Industry China expands its carbon emissions trading system to steel, cement, and aluminum, covering 70% of industrial emissions and 2,200 companies.