Gradually but steadily, the country's banks are gearing up to tap the newly-emerged and fast growing carbon credit market. A few like the State Bank of India (SBI), ICICI Bank, IDBI and SIDBI have already made inroads into the market. Read more »
Korea’s 1st Carbon Fund Fails to Get Single Investment (donga.com)
Korea’s first carbon fund was launched six months ago, but has found no investment destinations over that period. Korea Energy Management Corp. and asset management sources said yesterday that the fund worth 120 billion won has made no investment yet. Read more »
Carbon, energy bills move ahead in Senate (The News Journal)
Two of the Minner administration's flagship environmental bills cleared a Senate panel Wednesday and moved toward a floor vote, despite objections from leading citizen groups. Read more »