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China eyes global collaboration on CCUS
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
India’s carbon market challenge
Launch of credit trading scheme likely to slip into 2026 as government grapples with complex market design challenges
China eyes expansion of emissions trading system
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
India sets sights on breakthrough carbon-capture framework
South Asian economic giant is prioritising the development of CCUS policies to combat climate change and meet its international climate commitments
China ETS carbon prices rally to record highs
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
No rapid buildout seen for CCS in China
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
China keeps a tight rein on voluntary credits
Government keen to avoid oversupply issues that dogged previous iteration of voluntary carbon market
China reboots voluntary offset market
Relaunch comes seven years after market was closed to new entrants because of low volumes and lack of standards
Multiple challenges hinder China CCUS expansion
Greater collaboration with international developers could spur sector’s growth as it grapples with high costs and lack of effective business models, report says
China signals ETS expansion
Preparations underway for inclusion of cement, aluminium and steel producers in world’s largest compliance market by 2030
India China Insurance
David Whitehouse
14 January 2021
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Lloyd’s fossil fuel exit to stimulate Asian insurance

The decision by Lloyd’s of London to exit coverage for the most polluting fossil fuel projects may just spur creation of underwriting capacity elsewhere

Lloyd’s of London’s December announcement that it would end insurance coverage for the most polluting fossil fuel projects is likely to result in boom in local insurance provision in developing markets, especially in Asia, according to industry experts. The world’s largest commercial insurance market announced that its members will stop providing insurance for investment in thermal coal-fired power plants, thermal coal mines, oil sands and new Arctic energy exploration. Managing agents in the Lloyd’s market will no longer be able to start new contracts from 1 January 2022, with a target date of 1 January 2030 for multi-year coverage to end. The result is that coal mining, heavy oils and oil

Also in this section
China eyes global collaboration on CCUS
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
Nigeria bids to unlock carbon market billions
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
EU’s binding CCS targets: A burden or a blessing?
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
Brazil eyes leadership role in global carbon market
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30

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