Market Updates
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© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
SEC Moves To Eliminate Biden-Era Climate Disclosure Requirements
The U.S. Securities and Exchange Commission (SEC) has initiated a process to repeal the climate disclosure rules adopted in 2024 under the Biden administration. The rules would have required public companies to disclose material climate risks, climate-related governance practices, and certain financial impacts from severe weather events. SEC leadership argues that disclosure requirements should focus on financial materiality and investor protection while reducing compliance burdens on companies. Although the federal rules may be withdrawn, many companies will continue to face climate reporting obligations under the EU’s Corporate Sustainability Reporting Directive (CSRD) and California’s climate disclosure laws. As a result, multinational firms are expected to maintain investments in climate reporting systems despite potential changes at the federal level.
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#SEC #ClimateDisclosure #CSRD #CaliforniaClimateLaw #SustainabilityReporting #FinancialMateriality #InvestorProtection
California eases carbon market rules amid affordability concerns
California’s Air Resources Board approved revisions to its Cap-and-Invest program that could provide up to US$4 billion in additional free emissions allowances to refiners and industrial companies through 2035. The changes are intended to ease compliance costs and limit fuel price increases amid inflation concerns and rising energy prices. Regulators will offset the planned removal of 118 million allowances by issuing an equivalent amount of free allocations, while also providing US$800 million in consumer cost relief measures. Critics argue the changes could weaken carbon price signals, reduce auction revenues, and make California’s 2030 and 2045 climate targets harder to achieve. CARB maintains that the reforms balance affordability concerns with long-term decarbonization objectives.
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#California #CARB #CapAndTrade #ETS #CarbonPricing #CarbonMarket #Allowance
New Agro-Forestry Law Shifts Carbon Credit Titles to Ethiopian Landowners
Ethiopia’s new Forest Carbon Trading Amendment Directive No. 1141/2026 fundamentally reshapes forest carbon ownership by granting private and community forest owners full legal title to carbon credits generated on their land. The reform allows landowners to opt out of government-led jurisdictional programs and independently develop carbon projects for international markets. While increasing market autonomy, the directive also strengthens compliance requirements, including mandatory registration, benefit-sharing plans, MRV obligations, and public disclosure of project information. The amendment significantly limits the role of the Ethiopian Forestry Development agency to government-managed programs while promoting transparency and private sector participation. The reform is expected to improve access to climate finance and stimulate forest carbon project development across Ethiopia.
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#Ethiopia #EthiopianForestryDevelopment #ClimateFinance #Article6 #DoubleCounting #BenefitSharingPlan
Brazil carbon market becomes an industrial competitiveness strategy amid ETS rollout
Brazil is positioning its future emissions trading system (SBCE) as both a climate policy and an industrial competitiveness strategy. Beyond promoting low-carbon steel and aluminium exports, the government is developing a new carbon credit framework centered on Verified Emissions Reduction or Removal Credits (CRVEs), which will become the only credits officially recognized under Brazil’s future regulated carbon market. CRVEs are intended to serve as a national environmental integrity label and support both domestic compliance and international transactions under Article 6 of the Paris Agreement. The government also plans to launch a public consultation on corresponding adjustment export rules in July, emphasizing that low-quality credits should not be eligible for international transfers. These developments signal Brazil’s ambition to become a major supplier of high-integrity carbon credits and decarbonized products.
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#Brazil #SBCE #CarbonMarket #ETS #Article6 #CRVE #GreenMetals
Environmental experts call for local integration as carbon fee begins
Experts from National Taiwan University called for stronger coordination between Taiwan’s central and local governments as the country’s new carbon fee system begins implementation. Taiwan expects to collect about NT$4.5 billion in carbon fees from major emitters in the power, gas, and manufacturing sectors. Researchers urged the government to establish transparent carbon fee allocation mechanisms and strengthen local climate governance. They also called for improved data integration across ministries and state-owned enterprises to support local net-zero planning and public transparency. Speakers emphasized the importance of “net-zero cities” in achieving national climate goals, while suggesting carbon fee revenues be directed toward emissions reductions in sectors such as healthcare. Environmental groups also urged local governments to publish annual climate implementation “gap reports.”
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#Taiwan #CarbonFee #CarbonPricing
EU ETS: European Commission Announces Additional Flexibilities, Including Updated Benchmarks
The European Commission has announced a package of reforms to modernize the EU ETS, balancing climate ambition with energy security and industrial competitiveness. Key measures include updated benchmarks that would allow industries to continue receiving free allocations covering around 75% of emissions between 2026 and 2030, a strengthened Market Stability Reserve to reduce carbon price volatility, and a €30 billion ETS Investment Booster funded through the sale of 400 million allowances. The Commission is also conducting a broader ETS review, expected in July 2026, which will examine the phase-out of free allocations, maritime competitiveness, carbon removals, and potential ETS expansion. The reforms reflect growing concerns over energy costs and economic resilience across Europe.
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#EUETS #CarbonPricing #EUA #MarketStabilityReserve #CarbonRemoval #CBAM
Finland highlights green cooperation with Singapore during Ecosperity Week
Finnish Deputy Minister Mika Nykänen visited Singapore during Ecosperity Week 2026 to strengthen bilateral cooperation on sustainability, green transition, and resilient supply chains. Hosted by the Embassy of Finland in Singapore as part of Temasek’s annual sustainability event, the visit included discussions on critical minerals and global supply chains alongside representatives from Rio Tinto and Westerbeck Volta Fund. Nykänen also met with leaders from government, finance, and industry sectors, as well as Finnish companies operating in Singapore. According to the Finnish embassy, the visit highlighted expanding Finland–Singapore cooperation in sustainable investment, critical minerals, and broader green development initiatives.
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#Finland #Singapore #EcosperityWeek #CriticalMinerals #GreenDevelopment #SustainableInvestment
Energy transition a ‘race against time’, not a competition between countries: Teo Chee Hean
Temasek Chairman Teo Chee Hean said the global energy transition is “a race against time” rather than competition between countries, urging Asia to strengthen resilience, self-reliance, and sustainability amid geopolitical uncertainty. Speaking at Ecosperity Week 2026 in Singapore, Teo highlighted electrification, sustainable digital infrastructure, and climate adaptation as key priorities for accelerating decarbonization. He stressed that renewables are increasingly important for energy security and noted that climate adaptation must now stand alongside mitigation as a core priority. Teo also pointed to Asia’s central role in the transition, citing China’s electrification efforts, India’s renewable expansion, and Southeast Asia’s growing green economy. Indonesian minister Agus Harimurti Yudhoyono also emphasized cleaner energy development for the country’s nickel industry.
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#EcosperityWeek #Singapore #Temasek #Nickel #Indonesia #Electrification #SustainableDigitalInfrastructure
Singapore to contribute $19.2m to global facility to spur international carbon trading
Singapore will contribute US$19.2 million to support international carbon trading and strengthen high-integrity carbon markets under Article 6 of the Paris Agreement. Part of the funding will support the newly launched Action for a Resilient Climate (ARC) Coalition, a multilateral initiative aimed at accelerating credible cross-border carbon market development and climate finance flows. The initiative aligns with Singapore’s broader strategy to position itself as a regional carbon market and climate finance hub through bilateral Article 6 agreements, carbon tax policies, and international carbon credit frameworks. Market participants say the move could further boost demand for high-quality Article 6 credits and corresponding adjustment mechanisms while reinforcing Asia’s growing role in the global carbon market.
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#Singapore #Article6 #ActionForResilientClimateCoalition #GreenGrowthInstitute #GenZeroClimateSummit #SymbiosisCoalition #Mitsubishi #GenZero #WorldWideFundForNature
Viet Nam’s aviation sector under growing carbon cost pressure
Vietnam’s aviation sector is facing growing carbon cost pressure as international climate regulations and aviation emissions policies tighten globally. Industry experts say airlines will need to spend more on carbon credits, sustainable aviation fuel (SAF), fleet modernization, and emissions management systems to comply with ICAO’s CORSIA framework and other emerging carbon pricing mechanisms. Rising carbon-related expenses are expected to become a more significant component of airline operating costs, potentially affecting ticket prices and competitiveness. Observers also note that demand for CORSIA-eligible emissions units (EEUs) could continue increasing as compliance obligations expand. The report highlights the need for Vietnamese airlines to strengthen long-term carbon management and decarbonization strategies amid evolving global climate policies.
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#Vietnam #CORSIA #SAF #EEUs #VietnamAirlines #Aviation #Compliance