S&P Global’s Post

An increasing number of #Asian countries have started building new #CarbonMarkets that will see major advancements in 2025, but governments will have to grapple with a broad array of economic and energy policy changes that affect climate initiatives at the national level. Countries like South Korea and Japan are reassessing their national #energy strategies from scratch, with potentially the most decarbonization-focused plans devised so far, but political turbulence means that these decisions will be pushed into 2025. South and Southeast Asian countries are also wrestling with broader socio-economic policy changes making carbon pricing less important. Read S&P Global Commodity Insights article with the link in the comments.