ID Market: Int’l trading fades away as domestic buying dominates
Indonesia’s carbon market saw a large uptick in traded volumes in February, data published by its National Carbon Exchange (IDX Carbon) showed, however this was largely only domestic players, with international trading almost absent.
Read MorePREVIEW: NZ ETS auction tipped to fail as spot price well below auction floor
New Zealand’s upcoming emissions trading scheme (ETS) auction is all but guaranteed to decline as secondary market prices sit some NZ$8 below the auction price floor, according to market participants.
Read MoreTrading house gets out of Australian cattle station investment due to long wait for new ACCU methods
A carbon and commodities trading house has bailed on its investment in an Australian cattle station where it hoped to develop an Australian Carbon Credit Unit (ACCU) project, fed up with waiting on new methods to be finalised.
Read MoreIndonesia poised to lift issuance moratorium next month, source says
Indonesia is looking to lift its moratorium on international credit issuances next month, according to a source familiar with the matter, a move that could breathe life back to the bruised voluntary carbon market (VCM).
Read MoreMajority of New Zealanders support mix of domestic, intl cooperation to met NDCs, govt polling suggests
Research conducted by the New Zealand government showed the large majority of respondents are supportive of a combination of both domestic action and offshore mitigation to meet the country’s Paris climate goals.
Read MoreAU Market: ACCU market in a holding pattern, Feb. cancellations doubles
The Australian carbon market has trended downward as participants remain on tenterhooks ahead of the upcoming election, and lack of compliance demand keeps trading activity at middling to subdued levels.
Read MoreAustralian regulator extends carbon abatement contract delivery deadline
Australia’s Clean Energy Regulator has agreed to reschedule the delivery deadline for carbon abatement contracts (CACs) to the end of the calendar year, as it waits on the government to decide future exit window arrangements.
Read MoreBiochar startup launches SaaS, offtake agreement platform
A carbon credit platform start up is launching new solutions to help biochar project developers gain access to funding, certification, and revenue, it announced Monday.
Read MoreGold Standard, Tokyo government to launch new carbon credit trading platform
Gold Standard and the Tokyo Metropolitan Government have announced plans to create a trading platform to enable local companies to access carbon credits issued by the standard without language accessibility barriers.
Read MoreAustralia’s Productivity Commission seeks opportunities for biochar beyond ACCUs
Australia’s Productivity Commission (PC) is seeking views on whether government efforts could help boost biochar production in the country without relying on them being eligible to generate Australian Carbon Credit Units (ACCUs), it said in a report this week.
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