On April 28, the Ministry of Ecology and Environment held a regular press conference in April today, and Pei Xiaofei, spokesperson of the Ministry of Ecology and Environment, said that recently, the Ministry of Ecology and Environment and the National Bureau of Statistics released the "2021 Electricity Carbon Dioxide Emission Factor". The CO2 emission factor for electricity released this time can be used as a reference for different entities when calculating the CO2 emissions of electricity consumption. In the future, a normalized release mechanism will be established to update and regularly release electricity carbon dioxide emission factors in a timely manner, and the "2022 Electricity Carbon Dioxide Emission Factors" will also be released this year. In addition, the Ministry of Ecology and Environment is organizing a study on the carbon footprint factor of electricity, and will release the carbon footprint factor of electricity when it matures.

PANews reported on December 7 that, according to Cointelegraph, the Cryptography Research Center of the Technology Innovation Institute under the Abu Dhabi government announced the launch of a new blockchain-powered carbon tracking and trading platform, the CRC platform, and unveiled at the United Nations Climate Change Conference (COP28) held on December 5. This comes as the government of the United Arab Emirates strives to achieve net-zero emissions. According to the institute, blockchain can track carbon emissions by recording the emissions of any global public or private organization. Users can create tokens to measure a certain amount of CO2 removed from the environment, which can then be tracked throughout the supply chain. Peer-to-peer energy transactions, tracking waste disposal, recycling activities, and forestry management are the most likely use cases for blockchain. The platform employs a lightweight and efficient blockchain implementation that is not designed to be a "waste of computing" and can facilitate transactions at little to no cost.

Golden Finance reported that the Nasdaq Market Technology Division has launched a new product to support the issuance, settlement and custody of carbon credits. It uses smart contracts, which customers can deploy on a centralized database or enterprise blockchain. It also announced the technology's first customer, Puro.earth, which issues a CO2 removal certificate. Nasdaq points to the lack of digitalization, automation, and standards in the evolving carbon credit industry. This poses an obstacle to attracting capital.

Golden Finance reported that Hitachi plans to issue tokenized green bonds. It will use a green tracking center developed jointly with JPXI to track reductions in CO2 emissions and provide data to investors. Nomura Securities will distribute tokens to investors. The securities firm is also the majority shareholder of BOOSTRY, the provider of the "ibet for Fin" tokenization platform for green bonds. The four organizations collaborated last year to develop a digital green bond issued by JPX, an operator of the Tokyo Stock Exchange. So, this is another initiative to promote the use of security tokens.

Jinse Finance reports that South Korean automakers Hyundai Motor Co. and Kia Corp. have launched an artificial intelligence-based, blockchain-based Supplier Carbon Dioxide Emissions Monitoring System (SCEMS). The goal of the system is to successfully address the carbon emissions of partner companies and promote responsible environmental practices throughout the supply chain. The new Supplier CO2 Emissions Monitoring System (SCEMS) relies on blockchain technology. By implementing AI technology and high-performance blockchain, Hyundai Motor and Kia are enabling their partners to effectively monitor and address carbon emissions within their respective workplaces.