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VCM Report: Voluntary carbon prices flat as Article 6 body leaves nature-based carbon activities in limbo for Paris crediting
Markets were subdued last week after the International Maritime Organization delayed a decision on its global carbon pricing proposal for a year following pressure from the US and several oil-producing countries, while concerns remain that nature-based credits could miss out on early Paris Agreement crediting after UN authorities opted to defer key permanence decisions to future methodological work.
Markets were subdued last week after the International Maritime Organization delayed a decision on its global carbon pricing proposal for a year following pressure from the US and several oil-producing countries, while concerns remain that nature-based credits could miss out on early Paris Agreement crediting after UN authorities opted to defer key permanence decisions to future methodological work.
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