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Gwangmyeong City will create South Korea's first carbon trading platform to monetize greenhouse gas reduction efforts. On February 5, the city initiated the project, which will include consulting for carbon credit issuance and a trading platform.

This project aims to facilitate local carbon reduction activities in the voluntary carbon market, creating a cycle where reductions lead to further carbon neutrality investments. The platform and consulting services will support the complex certification and verification processes. Gwangmyeong plans to complete the system by the second half of 2026, with full-scale operations expected to start next year, alongside the development of smart services including a renewable energy power plant.