Carbon Markets and Offsets: 2025 Update

CBAM is reshaping Asia’s carbon markets. This 2025 update explains China’s intensity-based ETS, Korea’s cap-and-trade, and Japan’s hybrid approach for Western readers.

CBAM is reshaping Asia’s carbon markets. This 2025 update explains China’s intensity-based ETS, Korea’s cap-and-trade, and Japan’s hybrid approach for Western readers.