India’s climate policies predicted to reduce around 4 bln tonnes of CO2 by 2030
India’s current climate policies are already helping bend its long-term emissions curve and will contribute to the world’s third-biggest emitter reducing its GHG output by almost 4 billion tonnes of CO2e by the end of this decade, research published this week has found.
Read MoreIndian developer registers Azerbaijan’s first renewable energy project in voluntary carbon market
India’s largest offset developer has registered a renewable energy project in Azerbaijan, making it the first ever large-scale renewable energy project eligible for generating carbon credits in the COP29 host nation.
Read MoreMethodology rejections at ICVCM are ‘markers for change’, CEO says
The rejection of methodologies by the Integrity Council for the Voluntary Carbon Market (ICVCM) is not a sign that they are not good, but that they need improvement as part of a collective process, the body’s chief executive said on Thursday.
Read MoreIndia open to add more carbon removals technologies to offset mechanism -official
The Indian government is open to bringing more carbon removal technologies under its offset mechanism, an official told Carbon Pulse on the sidelines of a conference Tuesday.
Read MoreInvestors keeping away from carbon credits while funding climate technologies, conference hears
Investors including multilateral organisations are keeping their distance from carbon credits due to the volatile nature of the market while funding technologies to accelerate climate action, a conference heard Tuesday.
Read MoreRising electricity demand in ASEAN being met by fossils, report finds
The growth in electricity demand in the Association of Southeast Asian Nations (ASEAN) in 2023 was entirely met by fossil fuels, as expansion of renewables lagged behind, pushing the region’s emissions up by 6.6% last year, a report published Tuesday has found.
Read MoreMalaysia to introduce carbon tax come 2026, heavy-emitting industries to be hit most
The Malaysian government will introduce a carbon tax on the iron, steel, and energy industries by 2026, Prime Minister Anwar Ibrahim announced in his budget speech Friday.
Read MoreIndia approves 10 sectors for offset mechanism under carbon market regulations
The Indian government has approved a list of sectors to participate in the domestic voluntary market under the country’s Carbon Credit Trading Scheme (CCTS), based on the recommendations of the market’s steering committee.
Read MoreCote d’Ivoire forms office to expedite carbon market regulations
The government of Cote d’Ivoire has formed a specialised office to accelerate the development of country’s carbon market regulations and bring investments for project development in the country, it has announced.
Read MoreAchieving Paris goals feasible, can be compatible with economic growth -report
Achieving the targets of the Paris Agreement is feasible and can be done in a way that is consistent with economic growth and improves the overall quality of life, a report released Thursday has found.
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