The government has begun assessing market volatility following a recent rise in emissions credit prices as it prepares for the implementation of the fourth planning period of the emissions trading system.
On August 5, Jo Yong-beom, Vice Minister of the Ministry of Economy and Finance, held a meeting with private committee members of the Emissions Credit Allocation Committee to review market conditions and key risk factors ahead of the fourth planning period, which spans from 2026 to 2030.
During the meeting, participants shared insights on recent trends in emissions credit prices and trading activities, discussing various domestic and international variables that could impact the market during the upcoming planning period.
Additionally, they explored various measures to stabilize the trading market and enhance liquidity in anticipation of potential market volatility.
A ministry official stated, "We plan to closely monitor market trends to ensure the stable operation of the emissions trading market throughout the fourth planning period based on the expert opinions presented."
The official added, "We will continue our policy efforts to enhance market activation, including strengthening communication between experts and market participants and expanding trading liquidity."
* This article has been translated by AI.
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