CP Daily News Ticker: 31-2 November 2025

Published 01:01 on October 31, 2025 / Last updated at 01:01 on October 31, 2025 / Daily News Ticker

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The CP Daily News Ticker is a running list of all our news updated in real-time throughout the day. This is also the home to our ‘Bite-sized updates from around the world’, which previously featured in our CP Daily newsletter.
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  • Sat 02:50
    Methodology revision - Verra has released a revision to the CDM methodology AMS-III.AV on low greenhouse gas-emitting safe drinking water systems. VMR0015 continues to support projects that distribute water purification technologies to replace water boiling using non-renewable biomass or fossil fuels. Key updates include a new approach for determining the fraction of non-renewable biomass, a requirement to apply a leakage adjustment factor at validation, and updated emission factors for non-renewable woody biomass and fossil fuels. The revision also adds provisions to prevent double counting with REDD+ projects or programmes, account for interacting technologies in baseline assessments, and ensure consistent data compilation for each distributed device. VMR0015 must be applied alongside the most recent version of AMS-III.AV., which has now been deactivated as a standalone methodology under the Verified Carbon Standard. Projects still using AMS-III.AV. version 9.0 must complete validation by May 1, 2026.
  • Fri 21:55
    Exchange operator ICE will launch eight new carbon credit auction futures contracts on Dec. 8, promoting a new primary market mechanism for the voluntary carbon market (VCM) and the UN aviation offsetting scheme CORSIA.
  • Fri 19:38
    COP30 kick-off – Brazil expects to receive 143 delegations for the Leaders’ Summit, to be held on Nov. 6-7 in Belem. A total of 57 heads of state and government and 39 ministers are expected to attend, the Ministry of Foreign Affairs said during a press briefing on Friday. The UNFCCC negotiations are set to start on Nov. 10, with more than 170 delegations accredited. Argentina and the United States have not yet confirmed their attendance. In the briefing, COP30 President Andre Correa do Lago reiterated his expectation that the conference will help strengthen the perception that carbon credits from forest restoration projects are of higher quality.
  • Fri 18:36
    Remaining rules for the EU's Carbon Border Adjustment Mechanism (CBAM)'s implementation will be voted by EU member states in mid-November, a European Commission official said this week, while an anti-circumvention and extension proposal will be proposed in early December.
  • Fri 15:39
    The South African Treasury this week released a wide-ranging consultation paper proposing legal, financial, and institutional reforms to establish a robust domestic carbon market, with the aim of aligning the country’s compliance and voluntary systems and strengthening links to international trading under the Paris Agreement’s Article 6.
  • Fri 15:39
    Singapore on Friday launched its second request for proposals (RFP) for Article 6-compliant carbon credits, which will be used to meet the country’s Nationally Determined Contribution (NDC) to the Paris Agreement through 2030.
  • Fri 13:26
    The global construction sector's carbon footprint has ballooned to account for 33% of all global emissions and is on a trajectory to exhaust the world's entire remaining 1.5C carbon budget by 2030, a new analysis has found.
  • Fri 12:42

    Worth watching - The White House Effect, a new Netflix documentary, traces the origins of modern US climate politics to President George HW Bush’s administration and the lead-up to the 1992 Rio Earth Summit. The film argues that the partisan divide on climate change, often associated with later Republican leaders such as Donald Trump, began under Bush’s presidency as he struggled to balance environmental ambition with economic concerns. Assembled entirely from 14,000 archival video clips and declassified White House documents, the documentary reveals a power struggle within Bush’s administration between EPA Administrator William Reilly, who urged decisive action on global warming, and Chief of Staff John Sununu, a climate sceptic who worked closely with fossil fuel interests. Internal memos show Sununu convening meetings with leading climate contrarians such as Pat Michaels and Richard Lindzen, while the fossil fuel industry simultaneously funded public campaigns to sow doubt about the science of climate change. The resulting disinformation spread through media coverage and public discourse, influencing both policy and public opinion. Initially, Bush had positioned himself as a pro-environment candidate, pledging during his 1988 campaign to tackle global warming and invoking what he called the “White House effect”. However, after entering office, he came under mounting pressure from economic advisers and conservative allies to resist strong climate commitments. Events such as the Exxon Valdez oil spill and Hurricane Hugo had initially elevated environmental issues, but Sununu’s influence and the growing media platform for climate sceptics undermined momentum. By the time of the 1992 Earth Summit in Rio, Bush faced an economic downturn and political headwinds ahead of re-election. Although he attended the summit, he refused to back binding international emissions targets, framing his position as one of principle rather than obstruction. Reilly later reflected that this decision was a turning point that entrenched partisanship around climate policy in the US. A Republican president’s embrace of emissions reductions, he suggested, might have transformed the political trajectory of the issue. Instead, as the film argues, the tactics and narratives forged under Sununu’s influence helped lay the groundwork for decades of US political resistance to global climate action. (E&E News)

  • Fri 11:00
    The national policies and measures planned or implemented for 2030 would hardly make a dent in global emissions – with some sectors expected to see slight increases, and land sinks to shrink, according to the UN's first synthesis of transparency reports under the Paris Agreement.
  • Fri 09:44
    A South Korean provincial government has signed an agreement with Mongolia to cooperate on carbon reduction projects under Article 6 of the Paris Agreement, local media reported earlier this week.
  • Fri 06:48
    Malaysia has identified a broad list of potential mitigation activities that could be authorised under Article 6.4 of the Paris Agreement, including projects in renewable energy, carbon capture, waste management, and land-use sectors.
  • Fri 01:51
    Leaders from Singapore, Chile and New Zealand announced the start of negotiations as part what they called a Green Economy Partnership Agreement (GEPA), according to a statement Friday.

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