LATAM Roundup: Countries leap into transactional phase of Article 6 under bilateral agreements
Several Latin American countries crossed major milestones in the operationalisation of Article 6 markets last week, signalling a shift from years of institutional preparation towards the first wave of actual carbon transactions under the Paris Agreement.
Read MorePeru adds WWF-backed green microcredits programme to growing portfolio of biodiversity finance tools
Peru continues to expand its biodiversity finance toolkit after WWF-Peru and a local association of microfinance institutions launched a partnership aimed at developing green microcredit products and integrating biodiversity considerations into lending decisions.
Read MoreSB64: Carbon markets surface in first round of COP30-mandated finance alignment dialogue
Carbon projects, pricing, and trading appeared in a new place on Tuesday: among the proposals to align public and private finance flows with low-emission development, as discussed in a first dialogue on the Paris Agreement goal.
Read MoreFEATURE: Developers brace for Mexico-first carbon market after government signals
Mexican carbon project developers are increasingly preparing for a future in which domestic climate goals and the country’s emissions trading system (ETS) take precedence over international carbon credit exports, following fresh signals from the government that authorisations for overseas use may not be a near-term priority.
Read MoreStandard body CAR proposes permanence rules update to 40 years
US-based standard body Climate Action Reserve (CAR) is seeking feedback on a proposed update to set a standard permanence commitment period of 40 years.
Read MoreBRIEFING: Brazilian state launches implementation phase for Pantanal biodiversity credits pilot
A state-led biodiversity credits project in the Pantanal has moved into its implementation phase, as Brazil explores new financing models for protected areas.
Read MoreEXCLUSIVE: Coalition launches new common language, framework for managing permanence in carbon markets
Researchers, environmental organisations, and carbon market experts are urging the industry to look beyond traditional buffer pools and adopt a wider range of tools to ensure the long-term durability of nature-based carbon credits – using a new “unified framework”.
Read MoreSB64: COP31 Presidency unveils global electrification target to accelerate clean energy transition
The incoming presidency of COP31 has proposed a global target to increase the share of energy demand met by electricity to 35% by 2035, positioning electrification as a cornerstone of efforts to reduce emissions and accelerate the transition away from fossil fuels.
Read MoreJapanese corporate seeks partners to develop direct ocean carbon capture tech
A Japanese corporate giant is seeking more partners to pioneer direct ocean capture (DOC), after announcing it was developing a pilot plant following two years of research by an institute in Finland.
Read MoreSB64: Adaptation Fund enters Paris era with “dire” financial needs, PACM funds still pending
Negotiators at the SB64 climate summit in Bonn are transitioning the Kyoto-era Adaptation Fund (AF) to Paris, with UN carbon markets historically contributing large sums to the fund – but financing from the Paris Agreement Crediting Mechanism (PACM) is still on standby.
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