Indian state constitutes committee to explore carbon markets, albeit with cynicism

Published 11:04 on January 29, 2025  /  Last updated at 11:04 on January 29, 2025  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

The government of Himachal Pradesh in India has formed a carbon market committee with an aim to analyse whether carbon offset projects are suitable for the state or not, a state official told Carbon Pulse.

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Nigeria must bring in carbon market regulations soon to attract investment -experts

Published 14:00 on January 27, 2025  /  Last updated at 14:00 on January 27, 2025  / /  Africa, Carbon Taxes, EMEA, Voluntary

The government of Nigeria must legalise carbon market regulations soon in order to boost investor confidence and promote participation, according to experts at a recent stakeholders’ consultation.

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Vietnam decree paves way for carbon market, pilot phase to begin in June

Published 10:58 on January 27, 2025  /  Last updated at 10:58 on January 27, 2025  / /  Asia Pacific, Other APAC

The pilot phase of Vietnam’s domestic carbon market will start in June after the government issued a decree greenlighting the scheme.

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Indian govt releases draft methodologies for voluntary carbon market, seeks feedback

Published 16:37 on January 25, 2025  /  Last updated at 16:37 on January 25, 2025  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

India’s Bureau of Energy Efficiency (BEE) has released 12 draft methodologies to be adopted for its voluntary offset mechanism under the country’s Carbon Credit Trading Scheme (CCTS) and has opened them for public consultation, it announced this week.

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EKI executives resign to set up own carbon consulting company

Published 12:45 on January 24, 2025  /  Last updated at 12:45 on January 24, 2025  / /  Asia Pacific, Bavardage, Other APAC, Voluntary

Three executives have resigned from India’s largest offset developer EKI Energy to co-found their own carbon market firm, they told Carbon Pulse Friday.

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BRIEFING: Compliance scheme needed soon to deal with low liquidity in Malaysian market -exchange

Published 14:39 on January 23, 2025  /  Last updated at 14:39 on January 23, 2025  / /  Asia Pacific, Nature-based, Other APAC, Voluntary

The federal government of Malaysia must bring in compliance carbon market regulations as reliance on the voluntary market alone means it will take a long time to achieve the desired level of liquidity in the market, a representative from Bursa Carbon Exchange (BCX) said Thursday.

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INTERVIEW: Non-profit seeks to provide India with first voluntary carbon market registry

Published 15:59 on January 22, 2025  /  Last updated at 15:59 on January 22, 2025  / /  Asia Pacific, Nature-based, Other APAC, Paris Article 6, Voluntary

An Indian non-profit is working to establish the country’s first indigenous registry for the voluntary carbon market, its executives told Carbon Pulse in an interview.

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Thailand’s cabinet approves carbon tax on fossil fuels

Published 06:03 on January 22, 2025  /  Last updated at 06:03 on January 22, 2025  / /  Asia Pacific, Carbon Taxes, CBAM, Other APAC

The cabinet of Thailand on Tuesday approved its plan to impose a carbon tax on oil and other petroleum products in an effort to reduce the country’s greenhouse gas emissions.

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CLARIFICATION- Indonesia sees low volume, low price in inaugural correspondingly-adjusted carbon credit auction

Published 13:51 on January 20, 2025  /  Last updated at 04:34 on January 21, 2025  / and /  Asia Pacific, Nature-based, Other APAC, Voluntary

Indonesia’s National Carbon Exchange (IDX Carbon) saw around 2.5% of units offered trade at less than $6 each at its inaugural sale of correspondingly-adjusted Indonesia Authorised Carbon Credits (IACCs), held Monday.

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Japanese conglomerates establish new venture to create, trade nature-based carbon removals credits

Published 07:53 on January 20, 2025  /  Last updated at 07:53 on January 20, 2025  / /  Americas, Asia Pacific, Japan, Nature-based, Other APAC, South & Central, Voluntary

One of Japan’s largest trading houses in partnership with a leading shipping conglomerate has established a venture to create, trade, and retire nature-based carbon removals credits, they announced Monday.

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