CWNYC24: Regulatory uncertainty dominates North American compliance markets
Analysts at a roundtable during Climate Week NYC said that the regulatory picture was dominating market movements across North American compliance programmes, with policy uncertainty through 2024 weighing on allowance prices in the secondary market.
Read MoreCWNYC24: RGGI’s proposed updates could split regional power market -experts
The proposed updates from RGGI states could divide the regional power market into trading zones each with a different emissions cap and separate allowance types, a panel of experts discussed at Climate Week NYC last week.
Read MoreVCM Report: Market hopeful for COP29 boost despite weak liquidity
Liquidity continued to drag in the voluntary carbon market in the last week of September amid the distraction of New York Climate Week, although the summit has stirred hopes of a breakthrough at COP29 in November.
Read MoreLATAM Roundup: J-REDD is king at Climate Week, Colombia releases H1 CO2 tax stats
Jurisdictional REDD+ (J-REDD) starred at Climate Week NYC, and Carbon Pulse has analysed new data about Q2 retirements toward Colombia’s carbon tax, in the week ending Sep. 29.
Read MoreCWNYC24: BRIEFING – COP29 to encourage private sector role crucial to decarbonisation
The private sector is poised to take an increasingly important role in achieving global decarbonisation tasks, according to speakers at the New York edition of the World Climate Summit 2024 this week, in line with Climate Week NYC programming.
Read MoreCWNYC24: Canadian carbon markets brace for shifting political, investment landscape
Impending federal elections and investment enthusiasm for carbon capture, utilisation, and storage (CCUS) are weighing on Canadian emissions trading systems, experts discussed during Climate Week NYC.
Read MoreCWNYC24: Brazilian J-REDD deal ignored governor’s tainted record, say Indigenous leaders
A buyers’ club for jurisdictional REDD (J-REDD) credits announced a R$1 billion ($180 million) offtake agreement with a Brazilian state at Climate Week NYC despite its government’s ongoing bias toward mining and agribusiness, Indigenous leaders have said.
Read MoreCWNYC24: ICR reveals details on biodiversity credit programme ahead of consultation launch
Iceland-based International Carbon Registry (ICR) is about to launch consultations for its biodiversity credit framework, planning to onboard 10 pilot projects within a couple of months, the initiative’s chief scientist told Carbon Pulse.
Read MoreCWNYC24: FEATURE – VCM continues struggle to define what makes a ‘good enough’ carbon credit
At the spate of voluntary carbon events scattered in high-rises across New York this week, one topic persisted: how does the market evolve into the trustworthy, functioning, and effective global climate finance driver and unleash the billions of corporate dollars needed for net zero.
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