Thailand considers carbon tax of 200 THB/tCO2eq
On 5 June 2024, the Director General of the Excise Department of Thailand disclosed the current stage of proposing methodology of carbon taxing to the Ministry of Finance for consideration …
Thailand
On 5 June 2024, the Director General of the Excise Department of Thailand disclosed the current stage of proposing methodology of carbon taxing to the Ministry of Finance for consideration …
Vietnam
On March 22, 2024, the Ministry of Natural Resources and Environment (MONRE) of Vietnam published Draft Decree Amending and Supplementing the Decree No. 06/2022/ND-CP on Reduction of Greenhouse Gas Emissions …
China
On Feb. 27, 2023, the Department of Ecology and Environment of Hainan province, China, issued experimental provincial measures that implements a “carbon inclusion”1 program, which came into effect immediately. “Carbon …
Malaysia
The Malaysian stock exchange Bursa Malaysia has announced on April 18, 2024, that its subsidiary carbon exchange BCX (Bursa Carbon Exchange) will host its inaugural renewable energy certificates (RECs) auction …
South Korea
On February 6, 2024, the South Korean government promulgated a partial amendment to the Act on the Allocation and Trading of Greenhouse Gas Emission Permits. The amendment newly introduces charges …
Vietnam
On December 29, 2023, the Ministry of Natural Resources and Environment (MONRE) of Vietnam promulgated Circular No. 28/2023/TT-BTNMT on Economic and Technical Standards for Greenhouse Gas Inventory and Measurement, Reporting …
China
On Jan. 27, 2024, China’s National Development and Reform Commission, National Bureau of Statistics and National Energy Administration jointly issued a circular on promoting non-fossil energy through the integration of …
Vietnam
On December 23, 2023, the Ministry of Agriculture and Rural Development of Vietnam promulgated Circular No. 23/2023/TT-BNNPTNT on Greenhouse Gas Inventory and Measurement, Reporting and Verification of Greenhouse Gas Reduction …
Vietnam
On December 27, 2023, Vietnam promulgated Circular No. 38/2023/TT-BCT on Measurement, Reporting and Verification of Greenhouse Gas Inventory and Greenhouse Gas Emission Reduction in the Industry and Trade Sectors (hereinafter …
China
On Dec. 27, 2023, China’s Shandong province published “Provincial measures on the management of chemical industrial parks“. This is a revision of the previous version issued in 2020. It will …
Thailand
On 8th January 2024, the Energy Regulatory Commission of Thailand (ERC), an independent body to regulate energy industry operation of the country, announced “Notification of the Energy Regulatory Commission regarding …
Singapore
The list of eligible International Carbon Credits (ICCs) was published in Singapore on December 19, 2023. Companies can offset up to 5% of their taxable emissions from 2024 onwards using …
China
On Nov. 20, 2023, the China National Institute of Standardization published a draft revised recommended national standard called the General Principles for Monitoring and Testing of Energy Saving (GB/T 15316). …
China
On November 24, 2023, the Shenzhen Municipal Ecology and Environment Bureau issued the “Implementation plan of promoting carbon trading to support carbon peak and carbon neutrality”. The plan sets out …
China
On October 19, 2023, the Ministry of Ecology and Environment of China promulgated the “Measures for the management of voluntary emissions reduction trading of greenhouse gases (Trial)”. It means that …
Vietnam
On October 10, 2023, the Ministry of Natural Resources and Environment of Vietnam released the “draft amendment of the Prime Minister’s Decision on the List of GHG Emission Facilities That …
China
On Oct. 14, 2023, China’s Ministry of Ecology and Environment announced that some companies in key industries were required to submit greenhouse gas emissions reports for 2023–2025 in accordance with …
China
On Sept. 21, 2023, China Electronics Standardization Institute published drafts of two recommended industry standards for the evaluation and grading, respectively, of carbon neutrality management systems in the electronics industry. …
Singapore
The following three regulations related to the Carbon Pricing Act were promulgated in Singapore on October 6, 2023. All of the regulations will take effect on January 1, 2024(*). In …
China
On October 19, 2023, the Ministry of Ecology and Environment of China promulgated the “Measures for the management of voluntary emission reduction trading of greenhouse gases (Trial)”. The Measures came …
*Taiwan
On October 12, 2023, the Ministry of Environment of Taiwan issued the “Measures on greenhouse gas voluntary emission reduction project management” and “Measures on greenhouse gas emission increase offset management”. …
Vietnam
On September 14, 2023, the Energy Efficiency and Sustainable Development Department of the Ministry of Industry and Trade (MOIT) of Vietnam, in cooperation with the Climate Change Department of the …
Vietnam
On September 6, 2023, the Ministry of Industry and Trade of Vietnam (MOIT) published the Draft Circular on Technical Regulations for Measurement, Reporting and Verification of Greenhouse Gas Emission Reduction …
China
On July 7, 2023, China’s Ministry of Ecology and Environment published draft experimental measures on the trading of voluntary greenhouse gas emission reduction credits. The ministry is accepting comments on …
India
India’s Ministry of Power has notified the release of Carbon Credit Trading Scheme on June 28, 2023. The scheme defines each respective roles of institutions for the implementation of Indian …
China
On May 22, 2023, China’s Ministry of Industry and Information Technology released a draft of 2023 guidelines on the development of standards for carbon peaking and carbon neutrality in the …
South Korea
On April 10, 2023, the 2050 Carbon Neutral Green Growth Committee discussed and approved the draft of the First National Master Plan for Carbon Neutrality and Green Growth (hereinafter the …
China
On March 3, 2023, China’s Hebei province announced a program for carbon emissions peaking in the industry sector. This program includes specific targets for 2025, such as reducing energy consumption …
China
On April 24, 2023, China’s Standardization Administration, nine other government departments and People’s Bank jointly published guidelines on the development of standards for carbon emissions peaking and carbon neutrality. The …
Vietnam
On March 3, 2023, the Vietnamese Ministry of Natural Resources and Environment (MONRE) issued the official document No. 1295/BTNMT-BDKH to Implement the law and regulations on greenhouse gas (GHG) reduction. …
Vietnam
On October 10, 2022, the Vietnamese Ministry of Natural Resources and Environment (MONRE) promulgated Decision No. 2626/QD-BTNMT on Emission Factors for Greenhouse Gas Inspections. The Decision entered into force on …
India
NOTE: India’s Ministry of Power officially published Carbon Credit Trading Scheme on June 28, 2023. See more details in the following: India Releases Carbon Credit Trading Scheme India’s Ministry …
Australia
On March 30, 2023, both houses of the Australian Parliament passed the Safeguard Mechanism (Crediting) Amendment Bill 2023. According to the country’s Department of Climate Change, Energy, the Environment and …
*Taiwan
On February 15, 2023, the Environmental Protection Administration of Taiwan released the “Climate Change Response Act”. The Act took effect on the same day. The Act is the revision of …
Singapore
Singapore’s government has decided to increase the carbon tax as part of its efforts to tackle climate change.
China
On Jan. 28, 2023, the Municipal Bureau of Ecology and Environment, Municipal Development & Reform Commission, and six other government departments of Shanghai, China, announces a Program for Synergistic Reduction …
China
On February 16, 2023, China’s National Development and Reform Commission published revised evaluation indicator systems for the clean production of electrolytic manganese as well as sodium hydroxide and polyvinyl chloride. …
Indonesia
On October 22, 2022, the Regulation of the Minister of Environment and Forestry No. 21/2022 on Procedure for Implementation of Carbon Pricing was promulgated in Indonesia. The Regulation provides for …
China
On Jan. 12, 2023, the Industry and Information technology Department of Jiangsu province, China, announced on its website a Plan for Carbon Emissions Peaking in the Industry Sector and Specific …
China
On Dec. 12, 2022, China’s Ministry of Industry and Information Technology, National Development and Reform Commission, Ministry of Housing and Urban-Rural Development, and Ministry of Water Resources jointly issued “Guiding …
Malaysia
On 11 November 2022, Malaysia published the Information Guide for Corporate Green Power Programme (For Solar PV Plant). Developed by the Malaysian Energy Commission under the Electricity Supply Act 1990, …
New Zealand
On December 2, 2022, the New Zealand Government submitted a bill to Parliament to amend the Climate Change Response (Late Payment Penalty and Industrial Allocation) Bill. The government grants free …
South Korea
South Korea Ministry of Environment announced the plan to improve emissions trading system (hereinafter referred to as the improvement plan), which includes details for encouraging companies to reduce greenhouse gas …
Singapore
On September 30, 2022, Singapore promulgated three laws on GHG regulation, all of which came into effect on October 1, 2022.
China
In August 2022, the China Environment Publishing Group released its Q&A on the National Carbon Emissions Trading Market. The five-chapter document, which was reviewed and approved by the Department of …
South Korea
On August 16, 2022, the Ministry of Environment of South Korea held the first meeting of the Council for Advanced Emissions Trading System (hereinafter referred to as the “Council”) to …
Thailand
Thailand Department of Mineral Fuels, Ministry of Energy published “Notification of the Department of Mineral Fuels regarding Criteria on Reporting and Calculation Methods of the Greenhouse Gas Emissions from Petroleum …
China
On Aug. 1, 2022, China’s Ministry of Industry and Information Technology, National Development and Reform Commission and Ministry of Ecology and Environment announced a program to ensure carbon emissions peaking …
New Zealand
On August 3, 2022, the New Zealand Ministry for the Environment (MfE) released New Zealand’s first ever National Adaptation Plan (NAP) to address priority climate change-related risks identified in the …
Singapore
NOTE: Singapore officially published an amendment act on carbon pricing. See more details below. Singapore promulgates act stipulating a gradual increase in carbon tax rate after 2024 On July …
Vietnam
On July 26, 2022, Vietnam issued an official decision of the prime minister to approve a National Strategy for Addressing Climate Change through 2050 (Decision No. 896/QD-TTg). The final goal …
China
On June 20, 2022, the Beijing Municipal Ecology and Environment Bureau released draft experimental rules for carbon emissions assessment in the environmental impact assessment of construction projects to solicit public …
Vietnam
On January 18, 2022, the Prime Minister of the Vietnam issued the Prime Minister’s Decision No. 01/2022/QD-TTg on the List of Greenhouse Gas Emitting Facilities that Must Conduct Greenhouse Gas …
China
On May 30, 2022, China’s Ministry of Finance released its “opinions” on financial support for peaking carbon emissions and achieving carbon neutrality. The opinions set some objectives (e.g., to establish …
China
On March 9, 2022, China’s State Administration for Market Regulation and Standardization Administration jointly issued recommended national standards “Remanufacturing—Evaluation Indexes and Calculation Methods of Energy Saving and Emission Reduction” (GB/T …
China
On April 6, 2022, the Department of Ecology and Environment of Guangdong Province released the “Measures on management of trading for inclusive carbon emission reduction”. The Measures will come into …
Vietnam
On January 7, 2022, the Vietnamese government issued the Decree No. 06/2022/ND-CP Providing Regulations on Reduction of Greenhouse Gas Emissions and Protection of the Ozone Layer (hereinafter “the Decree”). The …
China
On Feb. 3, the National Development and Reform Commission, Ministry of Industry and Information Technology and other two government bodies of China issued the Guidelines on the Transformation and Upgrading …
Vietnam
On January 7, 2022, the Government of Vietnam enacted Decree No. 06/2022/ND-CP Providing Regulations on Reduction of Greenhouse Gas Emissions and Protection of the Ozone Layer (hereinafter referred to as …
China
On December 2, 2021, the Ministry of Industry and Information Technology of the People’s Republic of China announced the “Plan to Revise Industry Standards for Special Projects to Achieve Peak …
South Korea
South Korea Ministry of Environment plans to enforce the public notice regarding the partial amendment of the Guidelines for Allocation and Cancellation of Greenhouse Gas Emissions Credits (administrative notice period: …
Indonesia
The Law No. 7 of 2021 on Harmonization of Taxation System was enacted in Indonesia on October 29, 2021, and came into effect on the same day. Article 13 of the …
Indonesia
On October 29, 2021, Indonesia’s President issued the Presidential Regulation No. 98 of 2021 on the Framework for Carbon Pricing to Achieve the Greenhouse Gas Reduction Target (Nationally Determined Contribution: …
Malaysia
On November 23, 2021, Malaysia Ministry of Energy and Natural Resources (KeTSA) launched the Green Energy Tariff (GET) Program to supply electricity generated from renewable energy sources to consumers who …
China
On November 4, China’s National Carbon Emissions Management Standardization Technical Committee released draft national recommended standards called the Guidelines for Information Disclosure of Organization Carbon Emission Management to solicit public …
China
On October 24, the Central Committee of the Communist Party of China and China’s State Council released Opinions on the Implementation of Carbon Emissions Peaking and Carbon Neutrality through the …
Singapore
On October 29, 2021, the Environmental Protection and Management (Amendment) Act 2021 (hereinafter “the Act”) was promulgated in Singapore. The Act has amended several provisions of and added new provisions …
*Taiwan
On October 21, 2021, Climate Change Office, Environmental Protection Administration Executive Yuan, Taiwan, issued a notice of amendments to “Greenhouse Gas Reduction and Management Act” and published the proposed amendments. …
China
The Zhejiang Provincial Administration for Market Regulation on August 9 issued local standards for the classification of green warehouses by energy consumption and carbon emissions, which came into effect on …
China
China’s Tianjin Municipality on September 27 passed regulations to help peak carbon emissions and achieve carbon neutrality, and put them into effect on November 1. These are China’s first provincial …
Malaysia
Malaysia’s Prime Minister Ismail Sabri on September 27, 2021, announced the latest national five-year plan, the Twelfth Malaysia Plan (hereinafter “the Plan”). The Plan focuses on three main themes: (1) …
Japan
On August 25, 2021, the Ministry of Economy, Trade and Industry (METI) released the interim report for the “study group on ideal economic and other approaches for achieving worldwide carbon …
Japan
On August 23, 2021, the Ministry of Economy, Trade, and Industry (METI) published a report of “energy conservation measures in housing and buildings for a decarbonized society”. The main …
China
On June 21, 2021, the Beijing Municipal Bureau of Market Regulation released a local standard- “Implementation guidelines for carbon neutrality of enterprises and institutions” (DB 11/T 1861-2021) (hereafter referred as …
Vietnam
The Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with the Ministry of Natural Resources and Environment (MONRE), held a webinar on July 1, 2021 on collecting opinions on …
China
The General Office of China’s State Council on May 27 announced its legislative plan for 2021. The plan contains 18 draft laws to be submitted to the congress as well …
Vietnam
In June 2021, the Ministry of Natural Resources and Environment (MONRE) of Vietnam released the draft Decree on Greenhouse Gas Reduction and Ozone Layer Protection (hereinafter referred to as the …
Japan
On June 8, 2021, the Ministry of the Environment (MOE) released the Annual Report on the Environment, the Sound Material-Cycle Society, and Biodiversity for 2021, with the theme of redesigning …
China
On March 26, 2021, the Ministry of Ecology and Environment of P.R. China released the “Guidelines for verification of corporate greenhouse gas emission report” (Trial). In order to standardize the …
Thailand
Thailand announced “Notification of Director-General of Revenue Department (No. 394) regarding Standards, Procedures, and Conditions on Exemption of Corporate Income Tax for a Corporate Entities Implemented Voluntary Emission Reduction Projects” …
Vietnam
On November 17, 2020, the National Assembly of Vietnam enacted the Law on Environmental Protection 2020 (72/2020/QH14). This law thoroughly amends the Law on Environmental Protection 2014 and sets out …
Thailand
The Office of National Resources and Environmental Policy and Planning (ONEP) released a Draft Climate Change Act of B.E. XXXX for public consultation on 24 August 2020. The bill, which …
Singapore
On April 27, 2020, the Government of Singapore promulgated the following three-regulations under the Carbon Pricing Act, all of which came into effect on May 1, 2020. The Regulation 1 …
Vietnam
On December 13, 2019, the Ministry of Natural Resources and Environment of Vietnam published a new bill to fully amend the Environmental Protection Law of 2014 and opened the call …
Singapore
Singapore promulgated three regulations on carbon pricing on December 21, 2018. All regulations came into effect on January 1, 2019 under the “Carbon Pricing Act” promulgated in June 2018. Carbon …
Singapore
On December 22, 2017, Energy Conservation (Greenhouse Gas Measurement and Reporting) Regulations 2017 (hereinafter referred to as the Regulations) were published in Singapore. The Regulations came into operation on January …
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