EU CBAM will hardly affect major Indian exports, despite warnings -study
The EU’s Carbon Border Adjustment Mechanism (CBAM) import tariff will have a negligible effect on India’s biggest export segments to the bloc, according to a new peer-reviewed study published Monday.
Read MoreShipping consultancy launches EU ETS-specific contracts to manage compliance
An international shipping advisory service has created an EU ETS add-on to its standard shipping contracts, enabling shipowners and charterers to delegate compliance obligations to a managing entity.
Read MoreEcuador’s debt-for-nature swap still missing key policies, one year on, says NGO
One year after Ecuador’s debt-for-nature swap — the world’s largest to date — there is still no evidence that the country has operating procedures in place to allocate funds or guide investment, according to a report released by a Latin American debt justice NGO this month.
Read MoreUK codifies some voluntary carbon credits as taxable under national regulations
The UK will tax sales of some voluntary carbon credits (VCCs) at 0% and others at 20% by bringing them under the umbrella of the country’s ‘value-added tax’ (VAT) on goods and services, though others will remain entirely outside the scope of the scheme.
Read MoreCF TURKIYE: Steep forward curve for Turkish ETS as permit prices seen tracking EUAs by mid-2030s
Allowances prices in Turkiye’s ETS are expected to eventually mirror those for EUAs in the EU carbon market, meaning they could climb to as high as €150/tonne by the mid-2030s, experts said this week.
Read MoreMexican body introduces national carbon standard in push for voluntary market transparency -media
A Mexican standards body has launched a new version of an international offsetting standard adapted to the national context as the country moves to pass new transparency regulations governing the voluntary carbon market (VCM), according to a local media report.
Read MoreChilean province moves to establish local offsetting exchange -media
The Los Lagos region of Chile aims to implement Chile’s first offsetting exchange to facilitate the purchase of carbon credits and decarbonise local industries, per a local paper from the city of Osorno.
Read MoreCF TURKIYE: Registries will include carbon project lifecycle updates to boost transparency in voluntary market
Two carbon registries will begin offering updates about projects throughout their lifecycle in a bid to improve voluntary market (VCM) transparency post-validation and verification, according to representatives speaking at Carbon Forward Turkiye on Friday.
Read MoreCF TURKIYE: Sustainable development is key priority for Turkish carbon markets stakeholders
Turkiye’s national development, including socioeconomic and ecological dimensions, are at the forefront of stakeholder interest in the voluntary carbon market (VCM) and potential Article 6 engagement, Carbon Forward Turkiye heard Friday in Izmir.
Read MoreCF TURKIYE: Experts warn proposed limits on Turkish ETS could stunt investment, liquidity
Limits to the scope, supply, and participation in Turkiye’s imminent cap-and-trade scheme could curb state revenue for the green transition, inhibit liquidity, and discourage investment by multilateral development banks (MDBs), according to panellists speaking on Thursday at Carbon Forward Turkiye.
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