Absence of an ICAO-recognised carbon standard in India may create a credit supply issue for aviation sector -official

Published 17:59 on February 25, 2025  /  Last updated at 17:59 on February 25, 2025  / /  Asia Pacific, Aviation/CORSIA, International, Nature-based, Other APAC, Voluntary

The current lack of an India-based standard eligible to supply carbon credits for the UN’s CORSIA scheme is creating a challenge for the aviation industry in the country, an official told a conference in New Delhi this week.

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Offset, compliance markets in India expected to be of similar size, regulator says

Published 08:56 on February 25, 2025  /  Last updated at 08:56 on February 25, 2025  / /  Asia Pacific, Other APAC, Voluntary

The expected market size for India’s upcoming voluntary carbon offset mechanism will be at similar levels to that of the compliance market, an official told a conference in New Delhi this week.

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Singapore, Bhutan to sign Article 6 implementation agreement this week

Published 07:53 on February 24, 2025  /  Last updated at 07:53 on February 24, 2025  / /  Asia Pacific, International, Other APAC, Paris Article 6, Voluntary

Bhutan will sign an Article 6.2 implementation agreement with Singapore on Feb. 28, becoming the third nation to formalise the agreement with the city state, Carbon Pulse has learned.

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UNEP to support Pakistan Article 6 pilot project

Published 05:35 on February 24, 2025  /  Last updated at 05:35 on February 24, 2025  / /  Asia Pacific, Other APAC, Paris Article 6, Voluntary

The United Nations Environment Programme (UNEP) will provide technical assistance to Pakistan for a methane offsetting project in Punjab province that will help the country earn carbon credits under Article 6.

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Green Climate Fund board approves over $680 mln for 11 projects globally

Published 09:30 on February 21, 2025  /  Last updated at 09:30 on February 21, 2025  / /  Africa, Americas, Asia Pacific, EMEA, International, Nature-based, Other APAC, South & Central

The board of the Green Climate Fund (GCF) this week approved some $687 million for investment in 11 projects across 42 countries that are expected to mitigate 45.3 million tonnes of CO2e, it said Friday.

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ANALYSIS: New UN carbon crediting mechanism under scrutiny in wake of first CDM transition approval

Published 16:13 on February 20, 2025  /  Last updated at 16:13 on February 20, 2025  / and /  Americas, Asia Pacific, EMEA, International, Kyoto Mechanisms, Nature-based, Other APAC, Paris Article 6, Voluntary

The integrity of the new Paris Agreement Crediting Mechanism has already come into focus after the first programme of activities (PoA) was approved at a recent UNFCCC meeting.

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Integrating NbS across all support programmes “only way” to scale projects in Sub-Saharan Africa, says World Bank

Published 17:03 on February 19, 2025  /  Last updated at 17:03 on February 19, 2025  / /  Africa, EMEA, Nature-based, Voluntary

The most effective strategy to scale up nature-based solutions (NbS) in urban areas of Sub-Saharan Africa will be the mainstreaming of projects into all the World Bank’s support programmes, according to an official, speaking at a conference in Nairobi on Wednesday.

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Asian developer weighs Article 6 route for Uzbek methane reduction project

Published 09:04 on February 19, 2025  /  Last updated at 09:04 on February 19, 2025  / /  Asia Pacific, Other APAC, Paris Article 6, South Korea, Voluntary

A Seoul-based developer is eyeing Article 6 status for a methane reduction project in Uzbekistan claiming to reduce emissions by 7 million tonnes of CO2 annually, the company told Carbon Pulse.

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Making Kazakh emitters pay for their CO2 permits would boost ETS, report finds

Published 14:45 on February 17, 2025  /  Last updated at 16:54 on February 17, 2025  / and /  Asia Pacific, Other APAC

Revising Kazakhstan’s emissions trading system (ETS) to make participants pay for a share of their allowances is necessary to create a fair market price for carbon, a report launched Monday has found.

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Singapore-based biochar developer expands to India

Published 12:41 on February 14, 2025  /  Last updated at 12:41 on February 14, 2025  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

A Southeast Asian developer is setting up the first two of many biochar production facilities in Gujarat, India that it expects to generate a total of 1 million carbon removals credits by 2030, the company told Carbon Pulse.

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