Emission Reduction Tag

The Korea Fair Trade Commission (KFTC), South Korea's antitrust regulator, will impose a KRW20.2bn (USD16.9m) fine on Mercedes-Benz [DAI:GR] and its local subsidiaries for fabricating gas emission data of diesel passenger vehicles, as reported by Reuters on February 7. To manipulate emission data during certification...

Japan aims to release a preliminary estimate for the country’s “green GDP” by the end of March 2022, as reported by Reuters on January 24. The Japanese government has been drafting the new economic indicator in this fiscal year, which considers the impact of carbon...

The Executive Yuan plans to revise Taiwan’s carbon emissions target for 2030 by the end of 2022, to get in line with the temperature goals set in the Paris Agreement according to the Glasgow Climate Pact, an agreement reached at the COP26 summit ended on...

Indonesia has formed a new regulation, called the Economic Value of Carbon, to establish a carbon trading market mechanism, as reported by Reuters on November 15. The country’s environment ministry affirmed it, though the government has yet made the new regulation public. The carbon trading...

India is expected to update its climate targets, also known as nationally determined contributions (NDCs), under the Paris Agreement at the upcoming 2021 UN Climate Change Conference (COP26), opening on October 31, as reported by Economic Times on October 18. According to sources familiar with...

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