{"id":15865,"date":"2023-09-23T01:42:22","date_gmt":"2023-09-23T01:42:22","guid":{"rendered":"https:\/\/prosfunds.com\/markets\/commodities\/south-korea-to-expand-emissions-trading-system-introduce-futures-market-by-2025\/"},"modified":"2023-09-23T01:42:23","modified_gmt":"2023-09-23T01:42:23","slug":"south-korea-to-expand-emissions-trading-system-introduce-futures-market-by-2025","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=15865","title":{"rendered":"South Korea to expand emissions trading system, introduce futures market by 2025"},"content":{"rendered":"
\n

The South Korean finance ministry has unveiled plans to enhance its emissions trading system in a bid to invigorate the currently underperforming market. Announced on Wednesday, the expansion will permit a wider spectrum of financial firms, including asset managers, to trade pollution allowances. The integration of these additional participants is slated to begin next year.<\/p>\n

The ministry is also set to introduce a futures market by 2025, as part of its strategic measures to stabilize the struggling emissions trading market. This new initiative is expected to curb price fluctuations and provide traders with a tool to manage their trading risks more efficiently.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The South Korean finance ministry has unveiled plans to enhance its emissions trading system in a bid to invigorate the currently underperforming market. Announced on Wednesday, the expansion will permit a wider spectrum of financial firms, including asset managers, to trade pollution allowances. The integration of these additional participants is slated to begin next year. 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