‘Lead markets’ for low-carbon cement gain momentum
Demand for pricier low-carbon industrial products can be encouraged with a reform of public procurement rules and the creation of ‘lead markets’ for green cement, the industry has argued ahead of new EU policy proposals due in the coming mandate.
Read MoreBRIEFING: Article 6 causing confusion for corporate buyers – but should boost confidence long term
The agreement on Article 6 at COP29 last month is raising confusion among corporate carbon credit buyers but it should boost confidence in the market longer term, participants told an industry conference last week.
Read MoreVietnam, GGGI extend partnership on climate, carbon pricing
Vietnam and the Global Green Growth Institute (GGGI) have extended for five years a cooperative framework on climate action and carbon pricing designed to put the Southeast Asian country on track to meet its ambitions under the Paris Agreement.
Read MoreLATAM Roundup: Distress and opportunities as CORSIA, CO2 taxes, CBAM take root
In a week that saw UN civil aviation body ICAO publish its technical report on the flagship CORSIA offsetting scheme, which is being incorporated into national regulations around the world, this and other compliance carbon pricing initiatives posed diverse challenges and opportunities around the LATAM region – from Trinidad and Tobago to Guyana, and Mexico to Brazil.
Read MoreNSW EPA to increase transparency on coal mine emissions
The New South Wales Environmental Protection Agency (EPA) is looking to strengthen GHG emissions regulations at its coal mines, based on feedback on how licences are governed.
Read MoreNZ Market: NZU secondary price retreats as emitters well-supplied
The price of NZUs has slid back noticeably since last week’s auction, as market observers note the healthy volumes traded in the lead up to the sale means the market is well-stocked.
Read MoreTokyo exchange to launch new trading categories for agricultural carbon credits
The Tokyo Stock Exchange will introduce two new trading categories for agricultural carbon credits under Japan’s J-Credit scheme, as it seeks to enhance market liquidity and efficiency amid increasing project registrations and certification volumes.
Read MoreKEY TAKEAWAYS: ICAO TAB assessments, recommendations, and public comments for CORSIA 2024 application cycle
UN civil aviation body ICAO late on Friday published reports outlining its Technical Advisory Body’s (TAB) assessments, recommendations, and public comments made during the 2024 cycle for applications by carbon credit standards seeking eligibility under the airline offsetting programme.
Read MoreWCI offset usage slips to just under 4% in 2021-23, compliance data shows
Emitters in California’s carbon market more than halved their use of offsets during the 2021-23 compliance period, driving overall utilisation under the scheme to below 4% despite an uptick in WCI partner Quebec, government data published Friday showed.
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