Story perspectives
Asia's Carbon Markets: Unlocking $800 Billion Climate Finance Gap
9/12/2025
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Story summary
- Asia's carbon markets currently cover only 28% of emissions, despite the region's significant economic influence.
- Businesses are encouraged to utilize these markets to address an $800 billion climate finance gap in the Asia-Pacific.
- South Korea and Japan are improving their carbon trading systems, with South Korea's Emissions Trading System (ETS) covering 79% of emissions.
- Emerging economies are set to become key carbon credit suppliers, highlighting the need for international cooperation.
- India is managing complex trade dynamics with the U.S. and China, facing high tariffs while pursuing industrial growth through potential Chinese investments.
