BRIEFING: Vietnam looks at Korea, EU examples for international carbon offsets
Vietnam is finalising the details of a decree outlining how emitters will be allowed to meet 10% of their greenhouse gas reduction obligation with foreign offsets and is looking to South Korea and the EU as examples, officials said Tuesday.
Read MoreAustralian opposition refuses to be drawn on Safeguard Mechanism questions
Australia’s opposition climate spokesperson has refused to say whether a future Coalition government would support the reformed Safeguard Mechanism, as the lack of certainty continues to be a headache for investors and emitters, according to conference attendants.
Read MoreData sufficient to get started on reducing nature impacts, guide states
Companies in the mining, property, and industrial sectors should have enough data at hand to take the first step to address their impacts on nature and biodiversity loss, according to a new guide for these industries published Tuesday.
Read MoreAU Market: ACCU project registration soars in Q3, regulator data shows
A record number of Australian Carbon Credit Unit (ACCU) projects were registered in the third quarter this year, according to regulatory data.
Read MoreAustralia to develop voluntary GHG accounting standards for agriculture, fishery, forestry sectors
Australia has announced it will develop voluntary GHG accounting standards for the agriculture, fisheries, and forestry sectors, and has established a reference group to guide this work.
Read MoreCercabono seeks to establish carbon projects in Indonesia, amid growing optimism
Colombia-based carbon standard Cercarbono is looking to establish projects in Indonesia, its chairman told a conference Thursday, as market participants wait for more detail on the new Indonesian government’s plans for the country’s carbon markets.
Read MoreVerra releases first methodology for CCS, DACCS
Verra, the voluntary carbon standard-setter and verifier, has released a set of modules for carbon capture and storage (CCS) – the first in its Verified Carbon Standard (VCS) as part of methodology VM0049 – with a view to better proving direct air capture (DAC) projects with carbon storage.
Read MoreBRIEFING: Article 6 hoped to resolve issues slowing down Indonesia’s, Vietnam’s energy transition
Funding brought about via Article 6 of the Paris Agreement is hoped to overcome the complex policy and engineering challenges faced by Indonesia and Vietnam in decarbonising their electricity grids, experts on a panel said Thursday.
Read MoreNew Zealand govt proposes to halve ETS forestry charge
The New Zealand government is consulting on updated charges to foresters in the Emissions Trading Scheme (ETS), including to roughly halve the price of previously proposed per-hectare charges.
Read MoreArticle 6 markets unlikely to scale until end of decade, says expert
Large volumes of sovereign carbon credits traded between countries under Article 6.2 of the Paris Agreement are unlikely to be seen until the end of the decade, a panel heard Tuesday.
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