Argentine J-REDD programme could issue around 10 mln credits in Q4
A large-scale provincial Argentine jurisdictional REDD (J-REDD) initiative is expected to issue around 10 million credits as early as this year, though some legal and socioeconomic questions remain.
Read MoreLATAM Roundup: A big week for the Paris Agreement’s Article 6
The week ending Oct. 13, which saw the UN Supervisory Body (SBM) for Article 6.4 circumvent negotiators to help operationalise Paris carbon markets, also welcomed key Article 6 statements out of Chile, ranging from new projects to potential use cases for Paris Agreement credits.
Read MoreANALYSIS: In ‘new school’ LATAM carbon markets, regulators push growth as ‘old school’ cracks down
Regulators in up-and-coming Latin American voluntary carbon markets (VCM) are working with the private sector to scale up operations, while market observers point to increasingly hands-on measures curbing the market in ‘old school’ VCM players like Colombia and Brazil.
Read MoreBRIEFING: Carbon price levers, private sector mix in Chile’s all-in recipe for climate action
A range of carbon pricing measures and the private sector will come together in Chile’s market-led model of climate action, ministers said at the Chile Carbon Forum this week in Santiago.
Read MoreUN body skips over Paris negotiators in a bid to secure consensus on Article 6.4
The UN body mandated to determine rules governing the Paris Agreement’s Article 6 opted early Thursday to bypass negotiators and bring its standards for carbon methodologies and removals into force – in a “risky” and “bold” move that was widely welcomed for its potential to drive agreement at next month’s COP29, despite concerns about its long-term implications.
Read MoreChile, World Bank launch carbon pricing programme, will support ETS
Chile and the World Bank have launched a multi-year programme to support the development and harmonisation of carbon pricing initiatives in the South American country, representatives of both entities announced at the Chile Carbon Forum in Santiago on Wednesday.
Read MoreArgentina tackles voluntary carbon market law, ETS plans ongoing
Argentine legislators are drafting a national voluntary carbon market (VCM) law, coinciding with plans for an ETS, according to speakers at the Chile Carbon Forum in Santiago on Wednesday.
Read MoreVerra, market stakeholders to launch Chilean carbon group
Chilean voluntary carbon market (VCM) stakeholders are launching a national carbon association in partnership with VCM standard and registry Verra, as per an announcement at the Chile Carbon Forum in Santiago on Wednesday.
Read MoreVoluntary carbon markets need comparable assets to function -Chilean official
To function smoothly, carbon markets need increased transparency and more fungible assets, a Chilean official from the Ministry of Finance said at Chile Carbon Forum in Santiago on Tuesday.
Read MoreBRIEFING: Chile welcomes nearly a dozen projects into Article 6 pipeline
Chile has nearly a dozen Article 6.2 projects in various stages of development and is working to develop an official taxonomy of priority project types, Carbon Pulse heard at the Chile Carbon Forum in Santiago on Tuesday.
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