Verra registers first ARR project under CCP-approved methodology
An afforestation project in Burkina Faso has become the first to be registered under Verra using a methodology approved by the Integrity Council for the Voluntary Carbon Market (ICVCM) for its Core Carbon Principles (CCP) label, the standard announced Thursday.
Read MoreKyrgyzstan govt partners with UK developer to launch Article 6 forestry project
The government of Kyrgyzstan has partnered with a UK-based developer to launch a large-scale tree-planting initiative under Article 6 of the Paris Agreement, to be funded through revenue generated from carbon credits.
Read MoreBRIEFING: Article 6.4 Supervisory Body makes headway, first PACM credits may hit market as soon as July
The Article 6.4 Supervisory Body (SBM) is making strong progress on the Paris Agreement Crediting Mechanism (PACM), with the first credits from a transitioning activity on course to reach the market as early as July this year, a UNFCCC official told a webinar on Wednesday.
Read MoreDeveloper eyes Singapore market for Ghanaian cookstove project
A Seoul-headquartered developer has launched a clean cooking project in Ghana compliant under Article 6 of the Paris Agreement, expecting the credits to sell at a price making them attractive for Singaporean emitters with carbon tax obligations, the developer told Carbon Pulse Tuesday.
Read MoreSingapore, Chile sign Article 6 implementation agreement
Singapore has signed an implementation agreement with Chile under Article 6.2 of the Paris Agreement to collaborate on carbon credits, its Ministry of Trade and Industry announced Monday.
Read MoreKenya issues reforms to ‘green’ the banking sector, mitigate climate risks
The Central Bank of Kenya has issued a green finance taxonomy and a disclosure framework for climate-related risks, in an effort to green the banking sector and mitigate the risks associated with climate change.
Read MoreDevelopment of marine climate projects is outpacing effective governance, study finds
The speed at which ocean-based climate projects are being developed and expanded to address the impact of climate change is outpacing the ability to govern them, presenting risks to marine ecosystems, a study published this week has found.
Read MoreBRIEFING: Stronger linkages between climate finance, carbon markets can scale climate action in Sub-Saharan Africa
Climate finance can be strengthened by drawing on experiences from market mechanisms, while carbon markets can benefit from being blended with financial instruments — thereby scaling climate action, particularly in Africa, a webinar heard this week.
Read MoreGerman multinational to receive first carbon credits from rice farming project in India
A Germany-headquartered multinational is receiving the first 250,000 carbon credits from a sustainable rice farming project in India, it announced Wednesday.
Read MoreIndia’s heavy industries can cut 29 MtCO2e/year by tapping solar potential -study
India’s steel, cement and aluminium industries could cut reliance on captive coal, reduce production costs, and slash emissions by up to 29 million tonnes of CO2e annually by tapping into a 20-GW solar opportunity, according to a study published on Tuesday.
Read More