World Bank toolkit urges countries to draw on existing standards in voluntary carbon market rules
Developing countries should build clear domestic rules for carbon crediting while relying where possible on established international standards and infrastructure to avoid slowing market access, the World Bank said in a legal guide published this week.
Read MoreSBTi shifts focus to implementation in new strategy to help corporates to net zero
The Science Based Targets initiative (SBTi) has unveiled a new 2026-30 strategy that will see it pivot from a generalised approach to more tailored support across sectors and geographies for corporates aiming to reach net zero, with a direct reference in the plan to the possible use of ‘high-integrity’ carbon credits as a “complement” for emission reductions.
Read MoreRewriting market rules could help halt tropical deforestation -report
The trajectory of tropical deforestation could be reversed if governments, companies, and financiers modify the market rules driving ecological destruction, a report has said.
Read MoreEarly shift from coal-based steel could halve future decarbonisation costs, study says
Redirecting planned coal-based steel investment before 2030 could avoid emissions at around half the cost of cutting the same amount of CO2 later through other sectors or carbon removals (CDR), according to a study released Thursday.
Read MoreINTERVIEW: CORSIA carbon credit supply and demand must grow ‘in lock step’ to scale market
The UN’s international aviation offsetting scheme is slowly growing, but has the potential to take off quickly if supply and demand fall into lockstep, the founder of a carbon markets analysis company told Carbon Pulse.
Read MoreINTERVIEW: ICVCM chief sees short-term pain, long-term gain from shift to CCP-aligned methodologies
Project developers in developing countries face short-term economic strain as carbon credit methodologies are brought into line with the Core Carbon Principles (CCP), but the move is already yielding higher prices and renewed buyer confidence, said Amy Merrill, CEO of the Integrity Council for the Voluntary Carbon Market (ICVCM).
Read MoreOpen system CDR scale hinges on cutting ‘uncertainty discounts’, panellists say
Open system carbon removal (CDR) projects need larger deployments and shared datasets to reduce monitoring, reporting, and verification (MRV) uncertainty that is raising credit costs and limiting scale, experts said on Wednesday.
Read MoreQuebec releases draft ETS rulemaking
Quebec released on Wednesday draft regulatory changes to its California-linked ETS for public consultation, with implementation now not expected until later this year.
Read MoreUPDATE – UN adopts ICJ opinion on legal duty to cut emissions
The UN General Assembly voted on Wednesday to approve a resolution to endorsing the International Court of Justice (ICJ) advisory opinion on climate change issued in 2025, which found that states have a legal obligation to cut GHG emissions.
Read MoreWashington May APCR sale clears again amid strongest bid-cover ratio since 2023
Washington’s May Allowance Price Containment Reserve (APCR) auction sold all of the almost 129,300 allowances available again amid the highest bid-to-cover ratio since the initial year of the programme, a notice published Wednesday showed.
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