COP29: GGGI to support Uzbekistan promote carbon markets, implement Article 6
The Global Green Growth Institute (GGGI) has signed an agreement with Uzbekistan at COP29 in Baku, to promote carbon markets and support the implementation of Article 6 under the Paris Agreement.
Read MoreCOP29: INTERVIEW – Namibia’s draft regulations on compliance carbon markets to be out next year
The Namibian government will release draft carbon market regulations in 2025, once it has clarity of the rules underpinning the UN’s international market mechanism, an official told Carbon Pulse at the COP29 climate summit in Baku.
Read MoreCOP29: G20 endorses broad climate finance, but fails to provide clarity on NCQG
The G20 reaffirmed a broad commitment to climate finance efforts in a communique following the conclusion of its summit in Brazil, but observers say more is needed from the world’s wealthiest countries to adequately address climate change globally.
Read MoreCOP29: Southeast Asian industry bodies partner to form alliance on ASEAN carbon market framework
Five carbon market associations have signed a Memorandum of Collaboration (MoC) at COP29 in Baku to advance regional cooperation within the Association of Southeast Asian Nations (ASEAN).
Read MoreCOP29: BRIEFING – Pakistan launches carbon market regulations
The federal government of Pakistan unveiled its international carbon market regulations at COP29 in Baku on Saturday following two years of work, including fee structures for international credit transactions, and is expected to launch a national carbon registry by Q1 2025.
Read MoreCOP29: Tanzania agrees deal to distribute 1 mln cookstoves
The federal government of Tanzania has teamed up with a Nairobi-based cookstoves manufacturer and project developer to distribute 1 million clean cookstoves throughout the East African nation to be funded by voluntary carbon credits.
Read MoreCOP29: Thailand to present draft climate change bill to cabinet in December -official
The government of Thailand will submit the draft climate change bill containing provisions for an emissions trading scheme and a carbon tax for cabinet approval by December, but expecting a final bill to be implemented only by 2026, a government official told Carbon Pulse.
Read MoreCOP29: Madagascar uses cookstove project to test int’l carbon market legislation, a model which could be replicated, developer says
A voluntary cookstove project in Madagascar is working closely with the national government to act as a test case for its soon-to-be finalised carbon market legislation, which the developer says it is a model they would like to apply to other jurisdictions looking to participate in international crediting markets.
Read MoreIndian regulator releases draft rules for carbon trading on power exchanges
The Central Electricity Regulatory Commission (CERC), regulator of the power sector in India, this week released guidelines for the buying and selling of carbon credit certificates (CCCs) on power exchanges.
Read MoreCOP29: BRIEFING – Philippines to finalise national registry basics by year-end, ready carbon market blueprint by Q2 2025
The Philippines government will finalise the basic work on its national registry by the end of this year and will have a final blueprint for its carbon market framework ready by the end of the second quarter of 2025, the head of the country’s delegation to COP29 in Baku told Carbon Pulse.
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