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The document reports that carbon pricing now covers over 23% of global greenhouse gas emissions through 43 carbon taxes and 38 emissions trading systems. It highlights the vulnerability of specific industrial sectors in Southeast Asia to the EU's Carbon Border Adjustment Mechanism (CBAM), which entered its definitive phase in January 2026, noting that over 20% of Viet Nam’s iron and steel exports and nearly 20% of Indonesia’s aluminum exports are destined for the EU. The briefing also details the expansion of Article 6.2 bilateral agreements, with over 100 announced or formalized, led by purchasing countries such as Japan and Singapore. Regionally, Indonesia is identified as the only Southeast Asian nation with an operational ETS, having aligned its framework with Article 6 via Regulation 110/2025, although its carbon tax under Law 7/2021 remains postponed. Other updates include the Philippines moving toward formal carbon pricing legislation and Viet Nam postponing carbon market trading until the end of 2026.

As of March 2022, 12,275 electric school buses have been committed across 38 US states, with California leading in adoption. While a large portion of these commitments stem from a single 10,000-bus contract between Midwest Transit Equipment and SEA Electric, the report finds that adoption is trending toward historically underserved communities, particularly those with high PM2.5 pollution and high populations of non-white and/or Hispanic people.