South Korea to lead on Asian carbon trading, COP 15
Release Date: 2009-08-20
The OECD’s fastest growing carbon emitter will open a carbon credit exchange in 2012.
South Korea hopes to become the preferred market in Asia for carbon credit trading under the UN-backed Clean Development Mechanism (CDM).
“Combining our financial market influence and know-how, we believe South Korea has an advantage in carbon trading,” Ki-jong Woo, Secretary General of the Presidential Panel on Green Growth, tells Reuters.
| Type: | NORMAL |
| Company: | COP 15 |
| Country: | Denmark |
| Url: | http://en.cop15.dk/news/view+news?newsid=1925 |